Duggirala Deepika 4
4 · Alight, Inc. / Delaware · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
Alight (ALIT) CTO Deepika Duggirala Relinquishes Shares for Taxes
What Happened
Deepika Duggirala, Chief Technology Officer of Alight, relinquished a total of 10,840 shares back to the company to cover tax withholding on previously vested restricted stock units (RSUs). The transactions occurred in two parts: 7,551 shares at $0.91 on 2026-03-10 (≈ $6,871) and 3,289 shares at $0.94 on 2026-03-11 (≈ $3,092), totaling roughly $9,963. This was a routine tax-withholding disposition (not an open-market sale) tied to RSU vesting.
Key Details
- Transaction dates and prices: 2026-03-10 — 7,551 shares @ $0.91; 2026-03-11 — 3,289 shares @ $0.94. Transaction code: F (tax withholding).
- Total shares relinquished: 10,840; approximate total value: $9,963.
- Shares owned after the transactions: not specified in the filing.
- Footnotes: F1 — shares were withheld and cancelled by the issuer in exchange for the issuer paying the reporting person’s federal and state tax withholding obligations; F2 — filing notes there are additional RSUs scheduled to vest in the future.
- Timeliness: Form 4 filed 2026-03-12; filing appears timely (within the required reporting window).
Context
These dispositions represent a cashless tax-withholding mechanism when RSUs vest and do not necessarily signal buying or selling intent in the market. Such withholding is a common administrative step and should be viewed as routine compensation tax handling rather than an indication of the insider’s market view.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1][F2]2026-03-10$0.91/sh−7,551$6,871→ 240,920 total - Tax Payment
Class A Common Stock
[F1][F2]2026-03-11$0.94/sh−3,289$3,092→ 237,631 total
Footnotes (2)
- [F1]Represents the number of shares withheld to cover tax liability incurred upon the vesting of previously reported restricted stock units. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person.
- [F2]Includes restricted stock units scheduled to vest in the future.