Alight, Inc. / Delaware·4

Mar 3, 5:34 PM ET

Duggirala Deepika 4

4 · Alight, Inc. / Delaware · Filed Mar 3, 2026

Research Summary

AI-generated summary of this filing

Updated

Alight (ALIT) CTO Deepika Duggirala Receives Award; Withholds Shares

What Happened

  • Deepika Duggirala, Chief Technology Officer of Alight, was issued 11,506 shares on 2026-03-01 as an award/settlement (reported as code A). In connection with vesting events, a total of 35,364 shares were withheld to cover federal and state tax liabilities: 29,657 shares were withheld on 2026-02-28 for $26,098 (reported as a disposal, code F) and 5,707 shares were withheld on 2026-03-01 for $5,022 (code F). The award was reported at $0.00 per share (typical for RSU settlements).

Key Details

  • Transaction dates and prices:
    • 2026-02-28: 29,657 shares withheld at $0.88/share (disposed) — $26,098.
    • 2026-03-01: 11,506 shares issued (award) @ $0.00 — $0 reported.
    • 2026-03-01: 5,707 shares withheld at $0.88/share (disposed) — $5,022.
  • Total shares withheld for taxes: 35,364 (total withholding value ≈ $31,120).
  • Footnotes from the filing:
    • F1/F4: Withheld shares cover federal and state tax liability tied to vesting of performance-based RSUs with additional time-vesting conditions.
    • F3: The issued shares settled performance-based RSUs granted in 2023 that vested based on achieved metrics.
    • F2: Notes that some restricted stock units remain scheduled to vest in the future.
  • Shares owned after the transactions: Not specified in the provided filing excerpt.
  • Filing: Report filed 2026-03-03 for transactions on 2026-02-28 and 2026-03-01 — appears to be filed within the expected Form 4 timing window.

Context

  • These transactions reflect RSU vesting and routine tax-withholding (code F) rather than an open-market sale or purchase. The award (code A) is an acquisition of shares via compensation; the withheld shares are a common cashless mechanism to satisfy tax obligations and do not necessarily indicate a change in sentiment.

Insider Transaction Report

Form 4
Period: 2026-02-28
Duggirala Deepika
Chief Technology Officer
Transactions
  • Tax Payment

    Class A Common Stock

    [F1][F2]
    2026-02-28$0.88/sh29,657$26,098242,672 total
  • Award

    Class A Common Stock

    [F3][F2]
    2026-03-01+11,506254,178 total
  • Tax Payment

    Class A Common Stock

    [F4][F2]
    2026-03-01$0.88/sh5,707$5,022248,471 total
Footnotes (4)
  • [F1]Represents the number of shares withheld to cover federal and state tax liability for the Reporting Person incurred in connection with the vesting of previously reported performance-based restricted stock units that vested with additional time vesting conditions.
  • [F2]Includes restricted stock units scheduled to vest in the future.
  • [F3]Shares issued in settlement of performance-based restricted stock units granted in 2023 which vested based on the achievement of applicable metrics.
  • [F4]Represents the number of shares withheld to cover federal and state tax liability for the Reporting Person incurred in connection with the vesting of the above-mentioned performance-based restricted stock units.
Signature
/s/ John A. Mikowski, Deputy General Counsel and Assistant Corporate Secretary, as Attorney-in-Fact|2025-03-03

Documents

1 file
  • 4
    wk-form4_1772577281.xmlPrimary

    FORM 4