Form 4: William P. Foley II Reports Changes in Beneficial Ownership of Alight, Inc. Stock

William P. Foley II, a director of Alight, Inc., reported the acquisition of restricted stock units and changes in his beneficial ownership of Class A common stock.

Summary

• On July 2, 2024, William P. Foley II, a director of Alight, Inc., reported transactions involving Alight, Inc. (ALIT) securities.
• Foley acquired 21,156 shares of Class A Common Stock through restricted stock units granted for annual board service, vesting on July 2, 2025.
• Following the reported transaction, Foley directly owns 5,875,469 shares of Class A Common Stock.
• Foley also indirectly owns 6,833,304 shares of Class A Common Stock through Trasimene Capital FT, LLC and Bilcar FT, LP.
• Foley disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.

Positives

• The acquisition of restricted stock units demonstrates continued alignment of the director's interests with the company's long-term performance.

Future Outlook

The reported restricted stock units are scheduled to vest on July 2, 2025.

Management Comments

• William P. Foley, II disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein, if any.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership stake of a key director.

Key Dates