secwatch.observer — SEC 8-K summary
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Issuer:     Alight, Inc. / Delaware (ALIT)
CIK:        0001809104
Form:       8-K
Filed at:   2024-05-06T23:59:59+00:00
Accession:  0000950170-24-053214
Event type: other_material
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 5.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alight appoints two independent directors, enters cooperation deal with Starboard (7.2% stake)
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- Board expanded to 11; Dave Guilmette (former Aon exec) and Coretha Rushing (former Equifax CHRO) appointed.
- Starboard withdraws director nominations for 2024 annual meeting; agrees to standstill and vote with Board.
- Board and Starboard to seek additional independent director with benefits-administration experience.
- Investor day to be held after close of sale of Professional Services and HCM/Payroll Outsourcing businesses.
- Starboard reimbursed up to $625,000 for expenses related to the agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1809104/000095017024053214/0000950170-24-053214-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1809104/000095017024053214/alit-20240505.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-053214

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer