Humana CEO granted 35,633 shares via trusts
Rechtin James A. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Rechtin James A. reported acquisition or exercise transactions in this Form 4 filing.
Humana Inc. President & CEO James A. Rechtin reported an award of 35,633 shares of Humana common stock, held indirectly through two revocable trusts for the benefit of him and his spouse. After this grant, these trusts hold 63,938 shares of Humana common stock.
Rechtin also holds equity awards under Humana’s stock incentive plans, including 2,183 restricted stock units, each representing one future share of Humana common, and stock options covering 15,772 shares at $367.21 per share and 29,230 shares at $458.185 per share, generally vesting in three annual increments from 2025 to 2027 and expiring in 2031.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 35,633 shares
Grant/Award
4 txns
Insider
Rechtin James A.
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Humana Common | 35,633 | $0.00 | $0.00 |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Humana Common — 63,938 shares (Indirect, See Footnote);
Options — 45,002 contracts (Direct);
Restricted Stock Units — 2,183 contracts (Direct)
Footnotes (6)
- F1. All shares held in two revocable trust(s) for the benefit of reporting person and reporting person's spouse, with reporting person and spouse being sole trustees.
- F2. Right to buy pursuant to Company's 2019 Amended & Restated Stock Incentive Plan. Incentive and Non-Qualified stock options granted to reporting person on 1/8/2024, vesting in three annual increments from 1/8/25 to 1/8/27.
- F3. Right to buy pursuant to Company's 2019 Amended & Restated Stock Incentive Plan. Incentive and Non-Qualified stock options granted to reporting person on 2/21/2024, vesting in three annual increments from 2/21/25 to 2/21/27.
- F4. Right to receive one share per restricted stock unit pursuant to the Company's 2019 Amended & Restated Stock Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of Humana Inc. common stock, exempt under Rule 16b-3(d)(1) & (3).
- F5. Restricted stock units granted to reporting person on 1/8/2024, 33% of the award is vesting on 1/8/25, 1/8/26, and 1/8/27.
- F6. Includes 49,687 restricted stock units representing a contingent right to receive one share of Humana Inc. common stock, exempt under Rule 16b-3(d)(1)&(3) under the Company's 2019 Amended & Restated and 2026 Stock Incentive Plans.
Key Figures
Share award: 35,633 shares
Indirect common holdings: 63,938 shares
Restricted stock units: 2,183 units
+5 more
8 metrics
Share award
35,633 shares
Humana common stock granted with code A, held indirectly
Indirect common holdings
63,938 shares
Humana common held in two revocable trusts after award
Restricted stock units
2,183 units
Each unit equals one share of Humana common
Options at $367.21
15,772 shares
Right to buy Humana common at $367.21, expiring 2031-02-21
Options at $458.185
29,230 shares
Right to buy Humana common at $458.185, expiring 2031-01-08
RSU vesting schedule
33% annually
RSUs granted 1/8/2024 vest on 1/8/25, 1/8/26, 1/8/27
Option vesting schedule
Three annual increments
Options vest from 2025 to 2027 per footnotes
Additional RSUs referenced
49,687 units
Restricted stock units under 2019 and 2026 Stock Incentive Plans
Key Terms
Restricted Stock Units, revocable trust(s), Non-Qualified stock options, Rule 16b-3(d)(1) & (3), +1 more
5 terms
Restricted Stock Units financial
"Right to receive one share per restricted stock unit pursuant to the Company's 2019 Amended & Restated Stock Incentive Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
revocable trust(s) financial
"All shares held in two revocable trust(s) for the benefit of reporting person and reporting person's spouse."
Non-Qualified stock options financial
"Incentive and Non-Qualified stock options granted to reporting person on 1/8/2024, vesting in three annual increments."
Non-qualified stock options are a type of employee benefit that gives individuals the right to buy company shares at a set price, usually lower than the market value, within a certain period. Unlike other options that may have special tax advantages, these options are taxed as income when exercised, which can affect how much money the employee or investor ultimately gains. They are important because they can influence company compensation strategies and impact the financial outcomes for employees and investors.
Rule 16b-3(d)(1) & (3) regulatory
"Restricted stock units ... exempt under Rule 16b-3(d)(1) & (3)."
Stock Incentive Plan financial
"under the Company's 2019 Amended & Restated and 2026 Stock Incentive Plans."
A stock incentive plan is a company program that gives employees or directors pieces of ownership or the right to buy shares over time, similar to receiving a bonus paid in company stock instead of cash. Investors pay attention because these plans align staff incentives with long‑term company performance but can also dilute existing shareholders and affect reported profits when grants are expensed, so they influence both ownership percentages and financial results.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Humana (HUM) CEO James A. Rechtin report in this Form 4?
James A. Rechtin reported an award of 35,633 shares of Humana common stock, held indirectly in revocable trusts, bringing those trust holdings to 63,938 shares, plus existing restricted stock units and stock options granted under Humana’s stock incentive plans.
What restricted stock units does the Humana (HUM) CEO hold?
The CEO holds 2,183 restricted stock units, each representing a contingent right to receive one share of Humana common stock. These units were granted under Humana’s 2019 Amended & Restated Stock Incentive Plan and vest in three annual installments from 2025 to 2027.
What stock options are reported for the Humana (HUM) CEO in this filing?
The filing lists options on 15,772 shares at $367.21 per share expiring February 21, 2031, and options on 29,230 shares at $458.185 per share expiring January 8, 2031. Both grants vest in three annual increments starting in 2025.
Are the CEO’s equity awards under a specific Humana stock incentive plan?
Yes. The options and restricted stock units are granted under Humana’s 2019 Amended & Restated Stock Incentive Plan, and 49,687 restricted stock units are also tied to the 2026 Stock Incentive Plan, as disclosed in the footnotes to the Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.
