Form 4: Alight Inc. Executive Goff Gregory R. Reports Stock Disposal for Tax Obligations

Sentiment:

SEC Form 4 Filing


Gregory R. Goff, Chief Technology and Delivery Officer of Alight, Inc., disposed of 25,525 shares of Class A Common Stock to cover tax liabilities upon vesting of restricted stock units.

Summary

  • On March 10, 2024, Gregory R. Goff, Chief Technology and Delivery Officer of Alight, Inc., disposed of 25,525 shares of Class A Common Stock.
  • The disposal was executed to cover tax liabilities incurred upon the vesting of previously reported restricted stock units.
  • The shares were relinquished by Goff and cancelled by Alight, Inc. in exchange for the company's agreement to pay federal and state tax withholding obligations.
  • Following the transaction, Goff beneficially owns 969,136 shares, including restricted stock units scheduled to vest in the future and shares of Class A common stock subject to certain restrictions.

Sentiment

Score: 5

Explanation: This is a routine filing related to stock transactions for tax purposes, so the sentiment is neutral.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade in their company's stock; this provides transparency to the market.

Stakeholder Impact

  • The transaction has a minimal impact on stakeholders as it is a standard procedure for covering tax obligations.

Key Dates

DateDescription
03/10/2024Date of stock disposal transaction
03/12/2024Date of signature for the Form 4 filing

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