Company: ALIT
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001809104-25-000062
Chunk: 124

Company: Alight, Inc. / Delaware
Filing Date: 2025-02-27
Form: 10-K
Item: Item 1B
Chunk 124
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 of common stock, and the program may be suspended or terminated at any time by Alight at its discretion without prior notice.

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The following table reflects the changes in our outstanding stock:Class AClass B-1 Class B-2 Class V Class Z TreasuryBalance at December 31, 2021456,282,8814,990,4534,990,45377,459,6875,595,577—Conversion of noncontrolling interest13,978,222——(13,978,222)——Shares granted upon vesting1,929,035—————Issuance for compensation to non-employees(1)73,208—————Share repurchases(1,506,385)————1,506,385Balance at December 31, 2022470,756,9614,990,4534,990,45363,481,4655,595,5771,506,385Conversion of noncontrolling interest34,519,247——(34,519,247)——Shares granted upon vesting7,129,735———(2,175,362)—Issuance for compensation to non-employees(1)83,203—————Share repurchases(4,921,468)————4,921,468Share forfeitures—(39,218)(39,218)———Balance at December 31, 2023507,567,6784,951,2354,951,23528,962,2183,420,2156,427,853Conversion of noncontrolling interest28,987,597——(28,987,597)——Shares granted upon vesting17,316,47863,86863,868535,616(3,420,215)—Issuance for compensation to non-employees (1)159,826—————Share repurchases(22,327,717)————22,327,717Share forfeitures—(36,296)(36,296)———Balance at December 31, 2024531,703,8624,978,8074,978,807510,237—28,755,570_______________________________________________________(1)Issued to certain members of the Board of Directors in lieu of cash retainer. DividendsIn 2024, our Board of Directors approved a new quarterly dividend program. The Company intends to continue paying regular cash dividends on a quarterly basis. Any decision to declare and pay dividends in the future