Alight, Inc. / Delaware 8-K

What Happened
Alight, Inc. (ALIT) filed an 8-K on June 18, 2026 announcing it expects a 1-for-20 reverse stock split of its outstanding Class A, Class B-1, Class B-2 and Class V common stock to become effective at 5:00 p.m. ET on June 30, 2026. The filing states the company also intends to correspondingly decrease the number of authorized shares for each class and series of its common stock. A press release dated June 18, 2026 was attached as Exhibit 99.1.

Key Details

• Expected effective time: 5:00 p.m. ET on June 30, 2026.
• Split ratio: 1-for-20 reverse stock split (every 20 shares -> 1 share).
• Classes affected: Class A Common Stock, Class B-1 Common Stock, Class B-2 Common Stock, and Class V Common Stock.
• Filing: Form 8-K under Item 8.01 (Other Events), press release filed as Exhibit 99.1; report signed by Martin Felli, Chief Legal Officer and Corporate Secretary.

Why It Matters
A reverse stock split reduces the number of outstanding shares and increases the per-share price proportionally; it does not change a holder’s percentage ownership (except for any rounding of fractional shares). For investors, this can affect reported share counts, per-share metrics (like earnings per share), trading liquidity, and how the stock meets listing or regulatory criteria. The 8-K does not provide details on fractional-share treatment or other related corporate actions, so shareholders should review the company’s press release and any follow-up filings for implementation specifics.