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

Sentiment:

SEC Form 4 Filing


Robert Sturrus, Chief Client Officer of Alight, Inc., reports a transaction involving the withholding of shares to cover tax liabilities and adjustments to holdings of Class V common stock.

Summary

  • On March 11, 2025, Robert Sturrus, Chief Client Officer of Alight, Inc., filed a Form 4 detailing changes in beneficial ownership.
  • 1,607 shares of Class A Common Stock were disposed of at a price of $6.03 to cover tax liabilities incurred upon the vesting of previously reported restricted stock units.
  • Following the transaction, Sturrus directly owns 268,227 shares of Class A Common Stock, which includes restricted stock units scheduled to vest in the future.
  • Sturrus also indirectly owns 10,384 shares of Class V Common Stock through Tempo Management, LLC.
  • Class V common stock does not represent economic interests in the Issuer but carries one vote per share on matters voted on by stockholders.
  • These shares will be cancelled upon exchange of Class A Units of Alight Holding Company, LLC held by the Reporting Person.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

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 changes in ownership and potential alignment of interests.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it involves a small number of shares disposed of to cover tax obligations.

Key Dates

DateDescription
03/11/2025Date of transaction involving the disposal of Class A Common Stock and adjustments to Class V Common Stock holdings.
03/13/2025Date of signature for the Form 4 filing.

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