Form 4: Alight, Inc. Director Russell P. Fradin Acquires Shares in Lieu of Cash Retainer

Director Russell P. Fradin acquired 2,904 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, Russell P. Fradin, a director of Alight, Inc., acquired 2,904 shares of Class A Common Stock.
• The acquisition was made in lieu of a $17,222 cash retainer for his 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 $5.93, the closing price of Alight's ordinary shares on March 31, 2025.
• Following the transaction, Fradin beneficially owns 100,483 shares, which includes restricted stock units scheduled to vest in the future.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine transaction. The director taking shares instead of cash could be seen as a slightly positive signal.

Positives

• A director's decision to take shares in lieu of cash may signal confidence in the company's future prospects.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders, such as directors and officers, trade in their company's stock. These filings provide transparency to the market regarding insider activity.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders.

Key Dates

Keywords

Form 4, Beneficial Ownership, Director, Russell P. Fradin, Alight, Inc., ALIT, Shares, Stock