Alight approves performance-vesting RSU awards; Rohit Verma grant climbs to 7.0 million shares

Reuters03-27
Alight approves performance-vesting RSU awards; Rohit Verma grant climbs to 7.0 million shares
  • Alight’s compensation committee approved performance-vesting restricted stock unit grants (TVR Awards) under its 2021 Omnibus Plan.
  • Rohit Verma received a TVR Award covering 7,000,000 shares, and Martin Felli received a TVR Award covering 1,250,000 shares.
  • Vesting is tied to stock price milestones based on the highest 20-day volume-weighted average price, measured between April 1, 2026 and December 31, 2030, or earlier upon a change in control.
  • The award can vest in four tranches of up to 25% each, with minimum and maximum 20-day VWAP ranges of USD 1.50–2.25, USD 2.25–3.00, USD 3.00–3.75, and USD 3.75–4.50.
  • Executives generally must remain employed through the last day of a calendar quarter to vest in any incremental portion earned for that quarter.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alight Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-021448), on March 26, 2026, and is solely responsible for the information contained therein.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment