Form 4: Alight Inc. Director Henson Reports Changes in Beneficial Ownership

Director Daniel S. Henson reports transactions involving Alight, Inc. Class A, Class V, Class B-1, Class B-2, and Class Z shares and units due to vesting and conversion events related to management forfeitures.

Summary

• On July 2, 2024, Director Daniel S. Henson reported changes in beneficial ownership of Alight, Inc. securities.
• These changes involve the conversion and vesting of various classes of common stock and units, including Class A, Class V, Class B-1, Class B-2, and Class Z shares and units.
• The transactions are related to the forfeiture of certain unvested Class A Shares held by issuer's management.
• Fractional shares and units were settled in cash.
• Henson's direct holdings of Class A Common Stock increased by 4,179 shares to a total of 1,989,469 shares.
• Henson's indirect holdings through Tempo Management, LLC include 42,411 Class V Common Stock, 42,411 Class A Units, 1,380 Class B-1 Units, and 1,380 Class B-2 Units.
• Following the reported transactions, Henson directly holds 59,020 Class B-1 Common Stock and 59,020 Class B-2 Common Stock.
• The report also details the conversion of Class Z-A, Class Z-B-1, and Class Z-B-2 shares and units into corresponding Class A and Class B shares and units.

Sentiment

Score: 6

Explanation: The document is a routine regulatory filing detailing changes in beneficial ownership. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about insider transactions. The transactions are related to vesting and conversion events tied to management forfeitures, which are expected as part of the company's equity compensation plans.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders (officers, directors, or those holding more than 10% of a company's shares) trade in their company's stock; they provide transparency to the market.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the changes in the number of outstanding shares of various classes.
• The vesting and conversion events affect the equity holdings of company management.

Key Dates