Alight, Inc. / Delaware·4

Mar 12, 6:05 PM ET

Bassiouni Allison 4

Research Summary

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Alight (ALIT) CDO Allison Bassiouni Relinquishes 14,119 Shares for Taxes

What Happened
Allison Bassiouni, Chief Delivery Officer of Alight, had a total of 14,119 shares relinquished/cancelled to satisfy tax withholding obligations arising from the vesting of previously granted restricted stock units (RSUs). The transactions occurred on 2026-03-10 and 2026-03-11: 9,768 shares at $0.91 ($8,889) and 851 shares at $0.91 ($774) on 03-10; 3,016 shares at $0.94 ($2,835) and 484 shares at $0.94 ($455) on 03-11. These were tax-withholding events (transaction code F), not open-market sales.

Key Details

  • Transaction dates/prices/values:
    • 2026-03-10: 9,768 shares @ $0.91 = $8,889 (withheld)
    • 2026-03-10: 851 shares @ $0.91 = $774 (withheld)
    • 2026-03-11: 3,016 shares @ $0.94 = $2,835 (withheld)
    • 2026-03-11: 484 shares @ $0.94 = $455 (withheld)
    • Total: 14,119 shares, ~$12,953
  • Shares owned after transaction: not specified in the provided filing details.
  • Footnotes: F1/F3 indicate shares were relinquished (by the reporting person and by the reporting person’s spouse) and cancelled in exchange for the issuer agreeing to pay federal and state tax withholding obligations. F2/F4 note inclusion of RSUs scheduled to vest in the future and spouse-held RSUs.
  • Filing/timeliness: Report filed 2026-03-12 for transactions on 03-10 and 03-11 — appears to be filed within the usual Form 4 reporting window.

Context
These transactions are routine tax-withholding adjustments tied to RSU vesting and do not represent a discretionary open-market sale or purchase by the insider. Such withholding is common when RSUs vest and generally should not be interpreted as a directional insider buy/sell signal.