Felli Martin 4

What Happened
Felli Martin, Chief Legal Officer of Alight, Inc. (ALIT), was granted 1,250,000 performance stock units (PSUs) on March 25, 2026. The award was recorded at $0.00 per unit (a derivative award, not a market purchase), and 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: 2026-03-25; Form 4 filed 2026-03-26 (timely filing).
• Amount: 1,250,000 performance stock units; reported acquisition price $0.00 (code A — award/grant).
• Instrument: PSUs are derivatives that may convert 1:1 into Class A common shares if earned.
• Vesting/conditions (footnotes): PSUs vest and become earned in up to 25% increments based on specified stock-price performance hurdles over a five-year performance period (Apr 1, 2026 – Dec 31, 2030), and are also subject to service-based vesting conditions.
• Shares owned after transaction: Not specified in the provided filing details.
• Filing timeliness: Appears timely (reported the next day); no 10b5-1 plan or tax-withholding sale indicated.

Context
This was a compensatory award, not an open-market buy or sale. PSUs are contingent and forfeitable until performance and service conditions are met, so they do not represent immediately tradeable shares. Such awards are common for senior executives and are intended to align pay with long-term company performance.