---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-046171"
form_type: "8-K"
ticker: "ALIT"
cik: "0001809104"
company_name: "Alight, Inc. / Delaware"
filed_at: "2023-09-05T23:59:59+00:00"
generated_at: "2026-06-11T00:09:17.081024+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Two Alight directors resign; Blackstone-affiliated funds exit investor rights agreement

## Summary
- David N. Kestnbaum and Peter F. Wallace stepped down from Alight board effective September 1, 2023, with no disagreement.
- Peter F. Wallace also resigned from the Compensation Committee.
- Blackstone-affiliated funds irrevocably withdrew from the Investor Rights Agreement dated July 2, 2021.
- Blackstone Investors also discontinued Rule 144 coordination rights under the Registration Rights Agreement.
- Both directors were Class III members; no replacement was announced.

## SEC filing metadata
- accession: 0000950170-23-046171
- form_type: 8-K
- ticker: ALIT
- cik: 0001809104
- company_name: Alight, Inc. / Delaware
- filed_at: 2023-09-05T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1809104/000095017023046171/0000950170-23-046171-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1809104/000095017023046171/alit-20230905.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-046171
- JSON: https://secwatch.observer/filing/0000950170-23-046171.json
- Plain text: https://secwatch.observer/filing/0000950170-23-046171.txt

## Key facts
- Executive change
  Peter F. Wallace departed as member of the Board at Alight, Inc. / Delaware.
  - Action: stepped down
  - Role: member of the Board
  source text: Mr. David N. Kestnbaum and Mr. Peter F. Wallace notified the board of directors (the "Board") of Alight, Inc. (the "Company") of their decision to step down, effective immediately, from their positions as members of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1809104/000095017023046171/0000950170-23-046171-index.htm
- Executive change
  David N. Kestnbaum departed as member of the Board at Alight, Inc. / Delaware.
  - Action: stepped down
  - Role: member of the Board
  source text: Mr. David N. Kestnbaum and Mr. Peter F. Wallace notified the board of directors (the "Board") of Alight, Inc. (the "Company") of their decision to step down, effective immediately, from their positions as members of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1809104/000095017023046171/0000950170-23-046171-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.