Company: ALIT
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-049916
Chunk: 66

Company: Alight, Inc. / Delaware
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 66
---
 (21)(21)Net current period other comprehensive income (loss), net of tax— (17)(17)Balance at September 30, 2025$4 $26 $30 _______________________________________________________(1) Reclassifications from this category are recorded in Interest expense. See Note 13 “Derivative Financial Instruments” for additional     informationForeign Currency TranslationAdjustments (1)Interest Rate Swaps (2)TotalBalance at December 31, 2023$(3)$74 $71 Other comprehensive income (loss) before reclassifications5 15 20 Tax (expense) benefit3 12 15 Other comprehensive income (loss) before reclassifications, net of tax8 27 35 Amounts reclassified from accumulated other comprehensive income— (58)(58)Tax expense— — — Amounts reclassified from accumulated other comprehensive income, net of tax— (58)(58)Net current period other comprehensive income (loss), net of tax8 (31)(23)Balance at September 30, 2024$5 $43 $48 _______________________________________________________(1) Foreign currency translation adjustments include $1 million loss related to intercompany loans that had been designated long-term investment nature.(2) Reclassifications from this category are recorded in Interest expense. See Note 13 “Derivative Financial Instruments” for additional information

10. Share-Based CompensationThe Company has an active equity incentive plan, the Alight, Inc. 2021 Omnibus Incentive Plan (the "Incentive Plan"), under which the Company has been authorized to grant share-based awards to key employees and non-employee directors, which consist primarily of time-based restricted stock units ("RSUs") and performance share units ("PRSUs"). Under this plan, for grants issued during the nine months ended September 30, 2025, approximately 58% of the units are subject to time-based vesting requirements and approximately 42% are subject to additional performance-based vesting requirements. As of September 30, 2025, there were 89,384,120 remaining shares of common stock authorized for issuance pursuant to the Company’s stock-based compensation plans under its 2021 Omnibus Incentive Plan. RSU and PSU nonvested share-based payment awards contain rights to receive forfeitable dividends and therefore are not participating securities.

22

Restricted Share Units and Performance Share Units Time-based RSUs are