Form 4: Alight Inc. Executive Michael James Rogers Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Michael James Rogers, Chief Human Resources Officer of Alight, Inc., disposed of 24,346 shares of Class A Common Stock on March 10, 2024, to cover tax liabilities.
Summary
- On March 10, 2024, Michael James Rogers, the Chief Human Resources Officer of Alight, Inc., disposed of 24,346 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 Rogers and cancelled by Alight, Inc. in exchange for the company's agreement to pay federal and state tax withholding obligations.
- Following the transaction, Rogers beneficially owns 445,031 shares, including restricted stock units scheduled to vest in the future and shares of Class A common stock subject to certain restrictions under the issuer's 2021 Omnibus Incentive Plan.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard transaction related to executive compensation and tax obligations.
Industry Context
This is a routine Form 4 filing related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/10/2024 | Date of transaction: Disposal of 24,346 shares of Class A Common Stock. |
| 03/12/2024 | Date of signature for the Form 4 filing. |
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