Alight, Inc. Announces Board and Executive Compensation Changes
Ticker: ALIT · Form: 8-K · Filed: Sep 6, 2024 · CIK: 1809104
Sentiment: neutral
Topics: governance, executive-compensation, board-changes
Related Tickers: ALIT
TL;DR
Alight's board and exec comp saw changes on Aug 30th.
AI Summary
On August 30, 2024, Alight, Inc. reported changes in its board of directors and executive compensation. Specifically, the company announced the election of new directors and changes related to compensatory arrangements for certain officers, effective as of the same date.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy, governance, or financial outlook, impacting investor confidence and stock performance.
Risk Assessment
Risk Level: low — This filing reports routine corporate governance and compensation updates, not significant financial events.
Key Players & Entities
- Alight, Inc. (company) — Registrant
- August 30, 2024 (date) — Effective date of reported changes
- Delaware (jurisdiction) — State of Incorporation
FAQ
What specific changes were made to Alight, Inc.'s board of directors?
The filing indicates the election of new directors, but does not specify their names or the exact number of changes in this section.
What is the effective date of the reported changes?
The changes related to the departure of directors, election of directors, and compensatory arrangements are effective as of August 30, 2024.
What specific compensatory arrangements for certain officers were updated?
The filing states that there were changes to compensatory arrangements for certain officers, but the details of these arrangements are not provided in this summary section.
What is Alight, Inc.'s state of incorporation?
Alight, Inc. is incorporated in Delaware.
What is the principal executive office address for Alight, Inc.?
The principal executive offices are located at 320 South Canal Street, 50th Floor, Suite 5000, Chicago, Illinois 60069.
Filing Stats: 534 words · 2 min read · ~2 pages · Grade level 13.3 · Accepted 2024-09-06 16:13:34
Key Financial Figures
- $0.0001 — tered Class A Common Stock, par value $0.0001 per share ALIT New York Stock Excha
- $150,000 — lli, consisting of: (i) a cash bonus of $150,000, to be paid out in six equal monthly in
- $250,000 — having an aggregate grant date value of $250,000. The restricted stock units will vest o
Filing Documents
- alit-20240830.htm (8-K) — 36KB
- 0000950170-24-104397.txt ( ) — 150KB
- alit-20240830.xsd (EX-101.SCH) — 25KB
- alit-20240830_htm.xml (XML) — 5KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Alight, Inc. Date: September 6, 2024 By: /s/ Martin Felli Martin Felli, Chief Legal Officer and Corporate Secretary