Form 4: Alight Inc. Director Rajgopal Kausik Reports Acquisition of Shares in Lieu of Cash Retainer

Director Rajgopal Kausik acquired 1,445 shares of Alight, Inc. Class A Common Stock on December 31, 2024, in lieu of a $10,000 cash retainer for board service.

Summary

• On December 31, 2024, Rajgopal Kausik, a director of Alight, Inc., acquired 1,445 shares of Class A Common Stock.
• This acquisition was in lieu of a $10,000 cash retainer for serving on the Board of Directors.
• The shares were granted under the Alight, Inc. 2021 Omnibus Incentive Plan.
• The price per share was calculated at $6.92, based on the closing price of Alight's ordinary shares on December 31, 2024.
• Following the transaction, Kausik directly owns 44,088 shares, which includes restricted stock units scheduled to vest in the future.

Sentiment

Score: 6

Explanation: Neutral sentiment as it reflects a routine transaction. The director taking shares instead of cash is a mildly positive signal.

Positives

• Director's decision to take shares instead of cash may signal confidence in the company's future performance.

Industry Context

Directors receiving equity in lieu of cash compensation is a common practice to align their interests with those of shareholders.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates