secwatch.observer — SEC 8-K summary
======================================

Issuer:     Alight, Inc. / Delaware (ALIT)
CIK:        0001809104
Form:       8-K
Filed at:   2026-07-01T12:07:32+00:00
Accession:  0001628280-26-046350
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 5.03, 3.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alight, Inc. effects 1-for-20 reverse stock split, declassifies board, amends bylaws
--------------------------------------------------------------------------------

- 1-for-20 reverse stock split effective June 30, 2026; Class A authorized shares reduced from 1B to 50M.
- Charter amended to declassify Board of Directors, requiring annual election of all directors.
- Exculpation amendment eliminates officer personal liability for certain duty-of-care breaches.
- Bylaws amended to mandate compliance with universal proxy rule (Rule 14a-19) for stockholder nominees.
- Alight units also underwent 1-for-20 reverse unit split to maintain alignment with common stock.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1809104/000162828026046350/0001628280-26-046350-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1809104/000162828026046350/alit-20260629.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-046350

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