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

Director Regina Paolillo acquired 1,486 shares of Alight Inc. Class A Common Stock on September 30, 2024, in lieu of a cash retainer for board service.

Summary

• On September 30, 2024, Regina Paolillo, a director of Alight, Inc., acquired 1,486 shares of Class A Common Stock.
• The acquisition was in lieu of a $11,000 cash retainer for services as a member of the Board of Directors.
• The shares were granted pursuant to the Alight, Inc. 2021 Omnibus Incentive Plan.
• The number of shares was calculated by dividing the cash retainer by $7.40, the closing price of Alight's ordinary shares on September 30, 2024, and rounding down.
• Following the transaction, Paolillo directly owns 111,640 shares, which includes restricted stock units scheduled to vest in the future.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of insider activity. 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 may signal confidence in the company's future performance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders and their holdings of company stock.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders.
• It provides transparency to shareholders regarding insider activity.

Key Dates