Form 4: Alight Inc. Executive Bassiouni Reports Changes in Beneficial Ownership

Allison Bassiouni, Chief Delivery Officer of Alight, Inc., reports acquisition and disposal of Class A Common Stock related to vesting of performance-based restricted stock units.

Summary

• On February 28, 2025, Allison Bassiouni, Chief Delivery Officer of Alight, Inc., acquired 179,376 shares of Class A Common Stock upon the vesting of performance-based restricted stock units.
• Of these, 59,792 shares vested immediately, and 119,584 shares are subject to time-based vesting in two equal annual installments starting February 28, 2026.
• Also on February 28, 2025, 21,394 shares were withheld to cover federal and state tax liabilities at a price of $6.83 per share.
• Following these transactions, Bassiouni directly owns 234,015 shares of Class A Common Stock and indirectly owns 10,363 shares through a spouse.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The filing reflects standard compensation practices and tax obligations. There are no explicit positive or negative implications for the company's performance.

Positives

• The vesting of performance-based restricted stock units suggests the achievement of applicable performance metrics.

Negatives

• The disposal of 21,394 shares to cover tax liabilities reduces the overall holdings.

Future Outlook

119,584 shares are subject to time-based vesting conditions that are scheduled to vest in two equal annual installments beginning on February 28, 2026.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track management's alignment with shareholder interests.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a key executive.
• Employees may be impacted as the vesting of restricted stock units is a form of compensation.

Key Dates