Bassiouni Allison 4
Research Summary
AI-generated summary
Alight (ALIT) CDO Allison Bassiouni Receives RSUs; Shares Withheld
What Happened
- Allison Bassiouni, Chief Delivery Officer of Alight, had performance-based restricted stock units (PRSUs) vest and received 8,018 shares (7,632 + 386) issued in settlement of those PRSUs. To cover federal and state tax liabilities on the vesting, 37,972 shares were withheld and disposed at $0.88 per share, producing aggregate proceeds of $33,415 (33,532 shares for $29,508 on 2026-02-28; 4,281 shares for $3,767 and 159 shares for $140 on 2026-03-01). The RSU issuances show $0 acquisition cost (standard settlement).
Key Details
- Transaction dates: 2026-02-28 and 2026-03-01; price for withheld shares: $0.88/share.
- Shares acquired (issued): 8,018 RSUs (7,632 + 386) at $0.00 (settlement of PRSUs that vested).
- Shares withheld/disposed for taxes: 37,972 shares (33,532 + 4,281 + 159) for total proceeds of $33,415.
- Footnotes: Withholdings represent shares withheld to cover federal/state tax liability for vesting of performance-based RSUs (F1, F4). The shares issued were settlement of 2023 performance-based RSUs that vested on achievement of metrics (F3). Some additional RSUs are scheduled to vest in the future and spouse-held RSUs are noted in the filing (F2, F5).
- Shares owned after the transactions: not specified in the provided filing excerpt.
- Filing: Form 4 filed Mar 3, 2026 reporting transactions on Feb 28–Mar 1, 2026; no late filing indicator shown in the provided data.
Context
- This activity reflects RSU vesting and routine tax-withholding (a cashless withholding/sale of shares) rather than an open-market sale or purchase. The issued RSUs are not market purchases (they are compensation vesting) and the withholdings are standard to satisfy withholding obligations.