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4Accepted Aug 5, 5:17 PM ET

Alight CLO Felli Martin Receives 12,500 Performance Stock Units

ALITAlight, Inc. / Delaware

Accepted (ET)

5:17 PM

Aug 5, 2026

Filed

Aug 5, 2026

Documents

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7.1 KB

Summary

Alight CLO Felli Martin Receives 12,500 Performance Stock Units

Updated

What Happened Felli Martin, Chief Legal Officer of Alight, Inc. (ALIT), was granted 12,500 performance stock units (PSUs) on August 3, 2026. The award is reported as an acquisition (derivative) at $0.00 per unit — PSUs are a contingent right to receive shares in the future and do not represent immediate cash value or issued shares today.

Key Details

  • Transaction date: 2026-08-03; filing date: 2026-08-05 (Form 4, timely).
  • Transaction type/code: Grant/Award (A); 12,500 PSUs acquired at $0.00.
  • Instrument: Performance Stock Units — each PSU represents a contingent right to one share of Alight Class A common stock (footnote F3).
  • Vesting/performance: PSUs vest and become earned in up to 25% increments based on specified stock-price performance hurdles over a performance period ending December 31, 2030, and are subject to service-based vesting conditions (footnote F4).
  • Reverse split: All securities in the filing were adjusted for a 1-for-20 reverse split effective June 30, 2026 (footnote F1).
  • Other holdings: The filing notes inclusion of restricted stock units scheduled to vest in the future (F2). The filing does not disclose a post-transaction total share count for the reporting person.

Context Performance stock units are contingent awards: they only convert into actual shares if performance and service conditions are met during the performance period. This grant is neither a purchase (a direct bullish purchase signal) nor a sale; it’s a common long-term incentive for executives and does not indicate immediate liquidity or a realized transaction.

AI-written summary · check the filing