FOLEY WILLIAM P II 4
4 · Alight, Inc. / Delaware · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
Alight (ALIT) Director William P. Foley II Receives 30,568-Share Award
What Happened
William P. Foley II, a director of Alight, Inc. (ALIT), was granted 30,568 shares on March 31, 2026 as a quarterly board retainer. The award was reported at $0.58 per share (total value ≈ $17,812), and the grant was made pursuant to the Alight, Inc. 2021 Omnibus Incentive Plan. Footnote disclosure shows the retainer was $17,812.50 and the number of shares was computed using the March 31 closing price of $0.5827 (rounded down to whole shares).
Key Details
- Transaction date: 2026-03-31; reported filing date: 2026-04-02 (filed two days after the grant).
- Grant: 30,568 shares; reported price: $0.58/share; retainer value per footnote: $17,812.50.
- Shares owned after transaction (reported holdings): 171,878 Class A shares held by Trasimene Capital FT, LLC and 6,661,426 Class A shares held by Bilcar FT, LP (total 6,833,304) — these are held by entities related to the reporting person; the filing disclaims beneficial ownership except to the extent of any pecuniary interest.
- Notable footnotes: F1 (grant in lieu of cash retainer, calculation method), F2 (includes restricted stock units scheduled to vest), F4/F5 (disclaimer regarding beneficial ownership and related-entity holdings).
- Filing timeliness: filed April 2, 2026 for a March 31 transaction (within the typical Section 16 two-business-day window).
Context
This was a routine compensation grant (board retainer paid in equity) rather than an open‑market purchase or sale. Such awards are common for directors and reflect board compensation mechanics, not necessarily a direct market sentiment signal. The grant was calculated by converting a cash retainer into shares under the company’s omnibus incentive plan.
Insider Transaction Report
- Award
Class A Common Stock
[F1][F2]2026-03-31$0.58/sh+30,568$17,812→ 981,113 total
- 6,833,304(indirect: See notes)
Class A Common Stock
[F3][F4][F5]
Footnotes (5)
- [F1]Quarterly award of shares elected in lieu of cash retainer of $17,812.50 for service as a member of the Board of Directors and granted pursuant to the Alight, Inc. 2021 Omnibus Incentive Plan. The number of shares granted was calculated by dividing the cash retainer by $.5827, the closing price of the Issuer's ordinary shares on March 31, 2026 and rounding down to the next whole share.
- [F2]Includes restricted stock units scheduled to vest in the future.
- [F3]Represents 171,878 shares of Class A common stock directly held by Trasimene Capital FT, LLC and 6,661,426 shares of Class A commn stock directly held by Bilcar FT, LP.
- [F4]Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Age of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that the Reporting Person is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any equity securities in excess of his pecuniary interest.
- [F5]William P. Foley, II (the "Reporting Person") is the sole member of Bilcar FT, LLC, which, in turn, is the sole general partner of Bilcar FT, LP ("Bilcar"). The Reporting Person is also the sole member of Trasimene Capital FT, LLC ("Trasimene GP"). Because of the relationships between the Reporting Person and Bilcar, Bilcar FT, LLC and Trasimene GP, the Reporting Person may be deemed to beneficially own the securities reported herein to the extent of his pecuniary interests. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein, if any.