FOLEY WILLIAM P II 4
4 · Alight, Inc. / Delaware · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Alight (ALIT) Director William P. Foley II Receives Award
What Happened William P. Foley II, a director of Alight, Inc. (ALIT), was granted 1,590 shares on June 30, 2026 as a board compensation award. The shares were issued at $11.20 per share, for a total value of $17,808. This award represented an election to receive the quarterly cash retainer in stock rather than cash.
Key Details
- Transaction type: Award/Grant (code A) on 2026-06-30. Price used: $11.20; shares: 1,590; value: $17,808.
- The grant was computed by dividing the cash retainer ($17,812) by the $11.20 closing price on June 30, 2026, then rounding down to whole shares.
- Securities in this filing are adjusted for a 1-for-20 reverse split of Class A common stock effective June 30, 2026.
- The filing notes restricted stock units that are scheduled to vest in the future.
- Reported direct holdings include 8,593 shares held by Trasimene Capital FT, LLC and 333,071 shares held by Bilcar FT, LP; the reporting person is the sole member of entities noted and disclaims beneficial ownership except to the extent of his pecuniary interest.
- Filing date: July 2, 2026 (appears contemporaneous with the June 30 grant; no late-filing indication in this report).
Context This was a routine director compensation election (receiving stock in lieu of cash) rather than an open-market purchase or sale. Such awards are common for board retainer payments and do not, by themselves, indicate a personal buying or selling decision in the market. The award includes securities subject to vesting (RSUs), so full ownership may be restricted until vesting conditions are met.
Insider Transaction Report
- Award
Class A Common Stock
[F1][F2][F3]2026-06-30$11.20/sh+1,590$17,808→ 50,645 total
- 341,664(indirect: See notes)
Class A Common Stock
[F3][F4][F5][F6]
Footnotes (6)
- [F1]Quarterly award of shares elected in lieu of cash retainer of $17,812 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 $11.20, the closing price of the Issuer's ordinary shares on June 30, 2026, as adjusted to reflect the 1-for-20 reverse stock split of the Issuer's Class A common stock on such date, and rounding down to the next whole share.
- [F2]Includes restricted stock units scheduled to vest in the future.
- [F3]Securities listed in this filing have been adjusted to reflect a 1-for-20 reverse split of the Issuer's Class A common stock effective as of June 30, 2026.
- [F4]Represents 8,593 shares of Class A common stock directly held by Trasimene Capital FT, LLC and 333,071 shares of Class A common stock directly held by Bilcar FT, LP.
- [F5]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.
- [F6]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.