Dorsey Donna 4
Research Summary
AI-generated summary
Alight (ALIT) CHRO Donna Dorsey Receives Performance Award
What Happened
Donna Dorsey, Chief Human Resources Officer of Alight, Inc. (ALIT), was granted 1,250,000 performance stock units (PSUs) on March 25, 2026. The award is reported as a derivative acquisition with an acquisition price of $0 — the PSUs represent a contingent right to receive one share of Class A common stock per unit if performance and service conditions are met. This is a grant/award (transaction code A), not an open‑market purchase or sale.
Key Details
- Transaction date (Period of Report): 2026-03-25; Form 4 filed: 2026-03-26.
- Amount: 1,250,000 performance stock units; reported acquisition price: $0 (derivative award).
- Shares owned after transaction: Not disclosed in the provided filing summary.
- Vesting/conditions (from filing footnotes): PSUs vest and become earned in up to 25% increments based on specified stock‑price performance hurdles over a five‑year performance period beginning April 1, 2026 and ending December 31, 2030, and are subject to service‑based vesting conditions.
- Filing timeliness: Filed one day after the transaction date (appears timely, not flagged late).
Context
Performance stock units are contingent awards: they do not represent immediate share ownership and will convert to shares only if performance targets and service requirements are satisfied during the performance period. Such grants are common executive compensation tools and should not be interpreted as an immediate buy or sell signal; the ultimate value depends on future stock performance and the degree to which hurdles are met.