Duggirala Deepika 4

What Happened

• Deepika Duggirala, Chief Technology Officer of Alight, Inc. (ALIT), was granted 1,875,000 performance stock units (PSUs) on March 25, 2026. The grant was recorded as a derivative award at $0.00 (no cash paid at grant). Each PSU represents a contingent right to receive one share of Alight Class A common stock if performance and service conditions are met.

Key Details

• Transaction date: March 25, 2026; Form 4 filed March 26, 2026 (timely filing).
• Grant type/code: A — Award/Grant of derivative securities (PSUs); reported price $0.00.
• Amount: 1,875,000 performance stock units (no immediate shares issued).
• Vesting: PSUs vest in up to 25% increments based on achievement of specified stock-price performance hurdles over a five-year performance period (April 1, 2026 – December 31, 2030) and are also subject to service-based vesting conditions. (See footnotes F1 and F2.)
• Shares owned after transaction: Not specified in the provided filing.
• No indication of a 10b5-1 plan, tax withholding, or late filing in this report.

Context

• PSUs are contingent awards: they convert to actual shares only if performance and service conditions are satisfied during the performance period, so they do not guarantee future ownership. Grants like this are common executive compensation and are not the same signal as an open-market purchase (which can more directly indicate bullish insider conviction).