Form 4: Alight Inc. Executive Michael James Rogers Reports Changes in Beneficial Ownership

Michael James Rogers, Chief Human Resources Officer of Alight, Inc., reports changes in beneficial ownership of company stock due to the conversion and vesting of various share classes.

Summary

• On July 2, 2024, Michael James Rogers, Chief Human Resources Officer of Alight, Inc., reported changes in his beneficial ownership of the company's stock.
• These changes involve the conversion of Class Z-A, Class Z-B-1, and Class Z-B-2 common stock into Class A, Class B-1, and Class B-2 common stock, respectively, following the vesting of these shares.
• The conversions were related to the forfeiture of certain unvested Class A, Class B-1, and Class B-2 shares held by Alight's management.
• Rogers acquired 1,549 Class A shares through the conversion of Class Z-A shares and disposed of 1,549.48 Class Z-A shares.
• He also acquired 101 Class B-1 and 101 Class B-2 shares through the conversion of Class Z-B-1 and Class Z-B-2 shares, respectively, and disposed of 101.53 shares of each Class Z-B-1 and Class Z-B-2.
• Following these transactions, Rogers directly owns 446,580 Class A shares, 21,879 Class B-1 shares, and 21,879 Class B-2 shares.
• He no longer holds any Class Z-A, Class Z-B-1, or Class Z-B-2 shares.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard regulatory filing detailing stock transactions.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, primarily providing transparency to shareholders regarding executive stock ownership.

Key Dates