Alight, Inc. / Delaware·4

Jul 2, 4:17 PM ET

FRADIN RUSSELL P 4

Research Summary

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Alight (ALIT) Director Russell P. Fradin Receives Award

What Happened
Russell P. Fradin, a director of Alight, Inc. (ALIT), was granted 4,464 shares on 2026-06-30 as an award in lieu of his quarterly cash board retainer. The shares were valued at $11.20 each, for a total value of $49,997. This is an award/grant (not a market purchase or sale).

Key Details

  • Transaction date: 2026-06-30; Form 4 filed: 2026-07-02 (appears timely under Form 4 rules).
  • Grant: 4,464 shares at $11.20 per share; total value $49,997.
  • Shares owned after transaction: Not disclosed in this filing.
  • Footnotes: Award elected in lieu of a $50,000 cash retainer; share count was calculated by dividing $50,000 by the $11.20 closing price on 6/30/2026 and rounding down. Includes restricted stock units scheduled to vest in the future.
  • Corporate action: All amounts adjusted to reflect a 1-for-20 reverse split of Class A common stock effective 6/30/2026.

Context: This was a routine director compensation election (cash retainer taken as equity). Such awards are common for board pay and do not by themselves signal insider buying or selling intent.