secwatch.observer — SEC 8-K summary
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Issuer:     Alight, Inc. / Delaware (ALIT)
CIK:        0001809104
Form:       8-K
Filed at:   2026-08-04T20:11:46+00:00
Accession:  0001628280-26-052572
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alight Q2 revenue $511M, adj EBITDA $92M; Q3 guidance weak; exec equity hurdles lowered
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- Revenue $511M, down 3.2% YoY; net loss $10M vs $1,073M loss prior year (improvement due to prior year goodwill impairment).
- Adjusted EBITDA $92M vs $127M prior year; Q3 guidance adj EBITDA $55-61M, full year $400-415M.
- Year-to-date cash from operations $152M, free cash flow $101M.
- Compensation committee lowered stock price hurdles for March TVR awards for CEO and other NEOs; new July TVR awards granted (CEO 80k, CFO 87.5k, CHRO 12.5k).
- Reverse stock split 1-for-20 effective June 30, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1809104/000162828026052572/0001628280-26-052572-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1809104/000162828026052572/alit-20260803.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-052572

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