Bassiouni Allison 4
4 · Alight, Inc. / Delaware · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
Alight (ALIT) CDO Allison Bassiouni Relinquishes 14,119 Shares for Taxes
What Happened
Allison Bassiouni, Chief Delivery Officer of Alight, had a total of 14,119 shares relinquished/cancelled to satisfy tax withholding obligations arising from the vesting of previously granted restricted stock units (RSUs). The transactions occurred on 2026-03-10 and 2026-03-11: 9,768 shares at $0.91 ($8,889) and 851 shares at $0.91 ($774) on 03-10; 3,016 shares at $0.94 ($2,835) and 484 shares at $0.94 ($455) on 03-11. These were tax-withholding events (transaction code F), not open-market sales.
Key Details
- Transaction dates/prices/values:
- 2026-03-10: 9,768 shares @ $0.91 = $8,889 (withheld)
- 2026-03-10: 851 shares @ $0.91 = $774 (withheld)
- 2026-03-11: 3,016 shares @ $0.94 = $2,835 (withheld)
- 2026-03-11: 484 shares @ $0.94 = $455 (withheld)
- Total: 14,119 shares, ~$12,953
- Shares owned after transaction: not specified in the provided filing details.
- Footnotes: F1/F3 indicate shares were relinquished (by the reporting person and by the reporting person’s spouse) and cancelled in exchange for the issuer agreeing to pay federal and state tax withholding obligations. F2/F4 note inclusion of RSUs scheduled to vest in the future and spouse-held RSUs.
- Filing/timeliness: Report filed 2026-03-12 for transactions on 03-10 and 03-11 — appears to be filed within the usual Form 4 reporting window.
Context
These transactions are routine tax-withholding adjustments tied to RSU vesting and do not represent a discretionary open-market sale or purchase by the insider. Such withholding is common when RSUs vest and generally should not be interpreted as a directional insider buy/sell signal.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1][F2]2026-03-10$0.91/sh−9,768$8,889→ 225,015 total - Tax Payment
Class A Common Stock
[F3][F4]2026-03-10$0.91/sh−851$774→ 13,089 total(indirect: By Spouse) - Tax Payment
Class A Common Stock
[F1][F2]2026-03-11$0.94/sh−3,016$2,835→ 221,999 total - Tax Payment
Class A Common Stock
[F3][F4]2026-03-11$0.94/sh−484$455→ 12,605 total(indirect: By Spouse)
Footnotes (4)
- [F1]Represents the number of shares withheld to cover tax liability incurred upon the vesting of previously reported restricted stock units. Shares were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person.
- [F2]Includes restricted stock units scheduled to vest in the future.
- [F3]Represents the number of shares withheld to cover tax liability incurred upon the vesting of previously reported restricted stock units. Shares were relinquished by the Reporting Person's spouse and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person's spouse.
- [F4]Represents shares and RSUs scheduled to vest in the future held by the Reporting Person's spouse, who is an employee of Alight.