4Filed Aug 4, 8:00 PM ET
Alight (ALIT) CEO Rohit Verma Receives 80,000 Performance Stock Units
$ALIT · Alight, Inc. / DelawareResearch Summary
AI-generated summary of this SEC filing
Alight (ALIT) CEO Rohit Verma Receives 80,000 Performance Stock Units
What Happened
- Rohit Verma, Chief Executive Officer of Alight, Inc. (ALIT), was granted 80,000 performance stock units (PSUs) on August 3, 2026. The award is reported as a derivative grant at $0.00 per unit, so no cash changed hands at grant.
Key Details
- Transaction date: August 3, 2026; Form 4 filed August 5, 2026 (timely filing within normal Form 4 window).
- Grant size and price: 80,000 PSUs, $0.00 per unit (derivative award; no immediate cash value).
- Shares owned after transaction: Not specified in the filing.
- Footnotes of note:
- Adjusted for a 1-for-20 reverse split effective June 30, 2026 (F1).
- These are restricted/performance stock units scheduled to vest in the future (F2, F3).
- Each PSU represents a contingent right to one share of Class A common stock (F3).
- Vesting is performance-based: units vest in up to 25% increments tied to specified stock-price performance hurdles through a performance period ending December 31, 2030, and are also subject to service-based vesting conditions (F4).
Context
- This is a conditional equity award (derivative grant), not an open-market purchase or sale; it conveys potential future shares if performance and service conditions are met. Such awards are common for executive compensation and do not represent an immediate purchase or sale of stock.