Company: ALIT
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-049916
Chunk: 130

Company: Alight, Inc. / Delaware
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 130
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 requisite service period, based on the probability of achieving the performance conditions, with changes in expectations recognized as an adjustment to earnings in the period of the change. Compensation cost is not recognized for performance share units that do not vest because service or performance conditions are not satisfied, and any previously recognized compensation cost is reversed.The weighted-average grant-date fair value per share of RSUs and PRSUs granted during each of the nine months ended September 30, 2025 and 2024 were approximately $5.76 and $8.83, and $6.09 and $8.97, respectively.The following table summarizes the RSU and PRSU activity during the nine months ended September 30, 2025:RSUs WeightedAverageGrant DateFair ValuePer UnitPRSUs(1)WeightedAverageGrant DateFair ValuePer UnitBalance as of December 31, 20247,325,106$8.67 10,878,456$8.71 Granted6,002,7605.76 4,839,2046.09 Vested(2,998,286)8.57 (3,256,692)8.83 Forfeited(2,039,971)8.18 (11,250,010)7.70 Balance as of September 30, 20258,289,609$6.70 1,210,958$7.15 _______________________________________________________(1)The number of PRSUs presented are based on actual or expected achievement of the respective performance goals as of the end of the period. Share-based Compensation ExpenseTotal share-based compensation expense related to the RSUs and PRSUs are recorded in the Condensed Consolidated Statements of Comprehensive Income (Loss) as follows (in millions):Three Months Ended September 30,Nine Months Ended September 30,2025202420252024Cost of services, exclusive of depreciation and amortization$— $3 $5 $11 Selling, general and administrative3 8 9 48 Total share-based compensation expense$3 $11 $14 $59 As of September 30, 2025, total future compensation expense related to unvested RSUs was $41 million, which will be recognized over a remaining weighted-average amortization period of approximately 1.96 years. As of September 30, 2025, total future compensation expense related to unvested PRSUs was $5