Form 4: Alight Inc. Director Regina Paolillo Reports Acquisition of Shares in Lieu of Cash Retainer

Director Regina Paolillo acquired 1,589 shares of Alight, Inc. Class A Common Stock on December 31, 2024, in lieu of a cash retainer for board service.

Summary

• On December 31, 2024, Regina Paolillo, a director of Alight, Inc., acquired 1,589 shares of Class A Common Stock.
• The acquisition was made in lieu of a $11,000 cash retainer for her service as a member of the Board of Directors.
• The shares were granted pursuant to the Alight, Inc. 2021 Omnibus Incentive Plan.
• The price per share was calculated as $6.92, based on the closing price of Alight's ordinary shares on December 31, 2024.
• Following the transaction, Paolillo directly owns 113,229 shares, which includes restricted stock units scheduled to vest in the future.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The director's acceptance of shares in lieu of cash indicates confidence in the company's future, but it's a routine transaction.

Positives

• The acquisition of shares by a director demonstrates confidence in the company.
• The use of shares in lieu of cash retainer can be seen as a positive use of company equity.

Industry Context

Directors receiving equity as part of their compensation is a common practice in publicly traded companies, aligning their interests with those of shareholders.

Comparison to Industry Standards

• Many companies use equity compensation for board members to align their interests with shareholders.
• The specific amount and form of equity compensation vary widely based on company size, industry, and individual director roles.
• Comparing Alight's director compensation structure to peers like Accenture, IBM, and Tata Consultancy Services would provide a more detailed benchmark.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director interests with company performance.

Key Dates