Alight (ALIT) CTO Naveen Baweja Receives 12,500 PSUs

What Happened

• Naveen Baweja, Chief Technology Officer of Alight, Inc. (ALIT), received a grant of 12,500 performance stock units (PSUs) on August 3, 2026. The award was reported as an acquisition (grant) with a reported price of $0.00 — these are derivative units, not cash or immediate share issuances.
• Each PSU represents a contingent right to one share of Alight Class A common stock if performance and service conditions are met. No cash changed hands and no shares were issued at grant.

Key Details

• Transaction date: August 3, 2026; filing date: August 5, 2026 (timely Form 4 filing). Transaction code: A (award/grant).
• Quantity: 12,500 PSUs; reported price: $0.00 (derivative grant).
• Shares owned after transaction: not specified in this filing.
• Footnote highlights: the award is a PSU (F3); PSUs vest in up to 25% increments based on specified stock-price performance hurdles over a performance period ending December 31, 2030 and are also subject to service-based vesting (F4). The security figures have been adjusted for a 1-for-20 reverse split effective June 30, 2026 (F1). Filing also notes other restricted stock units scheduled to vest in the future (F2).
• No indication this was part of a 10b5-1 sale plan, tax withholding, cashless exercise, or a gift.

Context

• This is a standard equity compensation award for an executive: PSUs are contingent instruments that may convert to shares only if performance and service conditions are met. They are not the same as an open-market purchase (which some investors view as a stronger immediate bullish signal).
• Because vesting depends on achieving stock-price hurdles through 2030, the grant ties potential upside to long-term performance rather than representing an immediate change in share ownership or liquidity.