FOLEY WILLIAM P II 4
Research Summary
AI-generated summary
Alight (ALIT) Director William P. Foley II Receives RSU Award
What Happened
- William P. Foley II, a director of Alight, Inc. (ALIT), was granted 14,025 restricted stock units (RSUs) on July 2, 2026. The RSUs were granted at $0 per share (total reported value $0) and are scheduled to vest on July 2, 2027. This is a compensation award for annual board service under the Issuer's 2021 Omnibus Share Plan and is not a market purchase or sale.
Key Details
- Transaction date: July 2, 2026; Form 4 filed July 7, 2026.
- Grant: 14,025 RSUs; grant price reported $0.00; vesting scheduled July 2, 2027 (see footnote F1).
- Shares reported as held by related entities: 8,593 Class A shares held by Trasimene Capital FT, LLC and 333,071 Class A shares held by Bilcar FT, LP (total 341,664), per footnote F3.
- Footnotes of note:
- F1: RSUs granted for annual board service; vest 7/2/2027.
- F2: Filing includes RSUs scheduled to vest in the future.
- F4/F5: Foley is the sole member/manager of related entities and may be deemed to beneficially own the reported securities to the extent of any pecuniary interest, but he disclaims ownership except to that extent.
- Filing timing: The Form 4 shows the grant date as 7/2/2026 and was filed on 7/7/2026. Form 4s are generally required within two business days of the transaction; this filing was submitted several days after the grant date.
Context
- RSU grants to directors are common compensation for board service and do not by themselves indicate a buy/sell signal; they vest in the future and typically convert to shares subject to vesting rules. The reported share totals reflect holdings held through affiliated investment vehicles; the reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.