Form 4: Alight Inc. Director William P. Foley II Acquires Shares
Statement of Changes in Beneficial Ownership
Alight, Inc. reports that Director William P. Foley II acquired 30,568 shares of Class A Common Stock on March 31, 2026, as part of his director compensation.
Summary
- William P. Foley II, a Director at Alight, Inc., acquired 30,568 shares of Class A Common Stock on March 31, 2026.
- This acquisition was made in lieu of a cash retainer of $17,812.50 for his services as a Board member.
- The shares were granted under the Alight, Inc. 2021 Omnibus Incentive Plan.
- The number of shares was calculated by dividing the cash retainer by the closing stock price of $0.5827 on March 31, 2026, and rounding down.
- Following this transaction, Foley's beneficial ownership includes 981,113 shares directly and indirectly, with 6,833,304 shares held indirectly through entities like Trasimene Capital FT, LLC and Bilcar FT, LP.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports on routine director compensation and does not contain significant new financial information or strategic shifts.
Positives
- Director compensation is being utilized in the form of stock, aligning director interests with shareholders.
- The transaction reflects ongoing compensation for board services, indicating continued engagement.
Negatives
- The filing does not contain any negative financial or operational information.
Risks
- The filing does not explicitly mention any current issues or potential future challenges.
Future Outlook
The filing does not contain any forward-looking statements or guidance.
Management Comments
- William P. Foley II disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein, if any.
Industry Context
StockSavvy.ai notes that the use of stock awards for director compensation is a common practice in the technology and services sectors, aiming to align executive and board interests with those of shareholders. This aligns with industry trends where companies leverage equity to attract and retain talent and leadership.
Stakeholder Impact
- Shareholders: The alignment of director compensation with stock ownership may be viewed positively, potentially leading to decisions that benefit long-term shareholder value.
- Employees: The use of stock awards for directors is a common corporate practice and does not directly impact employees in this filing.
- Creditors: No direct impact on creditors is indicated by this filing.
Next Steps
- Continued service by William P. Foley II as a Director of Alight, Inc.
Key Dates
| Date | Description |
|---|---|
| 03/31/2026 | Transaction Date for acquisition of Class A Common Stock and closing price date. |
| 04/02/2026 | Date of signature for the filing. |
Keywords
Alight Inc., William P. Foley II, Form 4, SEC Filing, Director Compensation, Class A Common Stock, Beneficial Ownership, Insider Trading, Equity Award
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