Form 4: Alight Inc. Director Lenore D. Williams Acquires Shares in Lieu of Cash Retainer
SEC Form 4 Filing
Director Lenore D. Williams acquired 3,590 shares of Alight, Inc. Class A Common Stock on March 31, 2025, in lieu of a cash retainer for board service.
Summary
- On March 31, 2025, Lenore D. Williams, a director of Alight, Inc., acquired 3,590 shares of Class A Common Stock.
- The acquisition was made in lieu of a $21,291 cash retainer for her service as a member of the Board of Directors.
- The price per share was $5.93, which was the closing price of Alight, Inc.'s ordinary shares on that date.
- The shares were granted pursuant to the Alight, Inc. 2021 Omnibus Incentive Plan.
- Following the transaction, Williams beneficially owns 59,520 shares, which includes restricted stock units scheduled to vest in the future.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction, and the director taking shares instead of cash could be seen as a slightly positive signal.
Positives
- The director's decision to take shares in lieu of cash demonstrates confidence in the company's future prospects.
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) buy or sell stock in their own companies. These filings provide transparency to the market regarding insider transactions.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a standard compensation practice.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of transaction: Lenore D. Williams acquired shares of Alight, Inc. Class A Common Stock. |
| 04/02/2025 | Date of signature on the Form 4 filing. |
Keywords
Alight Inc., Director, Share Acquisition, Form 4, Beneficial Ownership, Lenore D. Williams, Class A Common Stock
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