Form 4: Alight Inc. Executive Deepika Duggirala Reports Tax-Related Share Disposal
SEC Form 4 Filing
Deepika Duggirala, Chief Technology Officer of Alight, Inc., disposed of 2,354 shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On March 11, 2025, Deepika Duggirala, Chief Technology Officer of Alight, Inc., disposed of 2,354 shares of Class A Common Stock.
- The shares were withheld to cover tax liability incurred upon the vesting of previously reported restricted stock units.
- The transaction was executed at a price of $6.03 per share.
- Following the transaction, Duggirala beneficially owns 280,245 shares, including restricted stock units scheduled to vest in the future.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to executive compensation and share transactions, with no inherent positive or negative sentiment.
Future Outlook
The filing includes a statement that the reporting person holds restricted stock units scheduled to vest in the future, indicating continued equity-based compensation.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves a small number of shares disposed of by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/11/2025 | Date of transaction: disposal of shares to cover tax liability. |
| 03/13/2025 | Date of signature on the Form 4 filing. |
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