Alliant Energy director granted 875 deferred stock units
Garcia Michael Dennis reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Garcia Michael Dennis reported acquisition or exercise transactions in this Form 4 filing.
ALLIANT ENERGY CORP director Michael Dennis Garcia received a grant of 875.513 Deferred Common Stock Units. These units relate to the company’s common stock and were valued at $73.10 per unit on the grant date. After this award, he holds 25,762.222 deferred units in total. The units will be settled in shares of common stock when his service as a director ends, and the balance includes adjustments for accrued dividends through a dividend reinvestment mechanism.
Insider Trade Summary
Grant/Award: 875.513 shares
Grant/Award
1 txn
Insider
Garcia Michael Dennis
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Common Stock Units | 875.513 | $73.10 | $64K |
Holdings After Transaction:
Deferred Common Stock Units — 25,762.222 contracts (Direct)
Footnotes (2)
- F1. Units are to be settled in shares of common stock upon the reporting person's termination of services as a director.
- F2. Includes adjustments for accrued dividends, pursuant to a dividend reinvestment transaction exempt from Section 16 under Rule 16a-11.
Key Figures
Deferred units granted: 875.513 units
Grant valuation price: $73.10 per unit
Total deferred units after grant: 25,762.222 units
+2 more
5 metrics
Deferred units granted
875.513 units
Grant of Deferred Common Stock Units on 2026-04-10
Grant valuation price
$73.10 per unit
Reference price for Deferred Common Stock Units grant
Total deferred units after grant
25,762.222 units
Holdings following the reported Form 4 transaction
Underlying security
875.513 common shares
Underlying common stock related to the deferred units
Conversion price
$0.00
Deferred units convert to common stock without exercise price
Key Terms
Deferred Common Stock Units, dividend reinvestment transaction, Section 16, Rule 16a-11
4 terms
Deferred Common Stock Units financial
"security_title: "Deferred Common Stock Units""
Deferred common stock units are promises to deliver company shares or cash tied to the company’s stock value at a later date, typically used as part of employee or executive pay. Think of them like a paycheck you elect to receive in company stock at a future date; they can affect the number of shares outstanding and company expenses, so investors watch them for potential dilution and to understand management’s incentives.
dividend reinvestment transaction financial
"Includes adjustments for accrued dividends, pursuant to a dividend reinvestment transaction"
A dividend reinvestment transaction is when an investor uses cash dividends paid by a company to automatically buy more of that company's shares instead of taking the money as cash. Like choosing to roll interest back into a savings account, it increases your share count over time and can speed up growth through compounding, so investors care because it changes ownership stake, long‑term returns, and sometimes tax or record‑keeping implications.
Section 16 regulatory
"dividend reinvestment transaction exempt from Section 16 under Rule 16a-11"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
Rule 16a-11 regulatory
"dividend reinvestment transaction exempt from Section 16 under Rule 16a-11"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did ALLIANT ENERGY CORP (LNT) director Michael Dennis Garcia report on this Form 4?
He reported receiving 875.513 Deferred Common Stock Units tied to ALLIANT ENERGY CORP common stock. These units represent a compensation-related award for board service rather than an open-market stock purchase or sale, and increase his deferred equity-based holdings in the company.
How many ALLIANT ENERGY CORP (LNT) deferred units does Garcia hold after this transaction?
After the award, Garcia holds a total of 25,762.222 Deferred Common Stock Units. This figure reflects his cumulative deferred equity balance as a director, including the new grant and prior units adjusted for dividend-related reinvestment transactions under the company’s compensation and reinvestment arrangements.
What is the nature of the 875.513 Deferred Common Stock Units granted to Garcia at ALLIANT ENERGY CORP (LNT)?
The 875.513 units are Deferred Common Stock Units that track ALLIANT ENERGY CORP common stock. They are classified as a grant or award acquisition, not an open-market trade, and are part of director compensation rather than a discretionary investment decision in the public market.
When will Garcia’s Deferred Common Stock Units in ALLIANT ENERGY CORP (LNT) be settled into shares?
The units are scheduled to be settled in shares of common stock upon Garcia’s termination of services as a director. Until that termination event occurs, the units remain deferred and are not delivered as actual shares, according to the filing’s footnote disclosure.
How were dividends treated in Garcia’s Deferred Common Stock Units at ALLIANT ENERGY CORP (LNT)?
The reported holdings include adjustments for accrued dividends through a dividend reinvestment transaction. This reinvestment is described as exempt from Section 16 under Rule 16a-11, meaning dividends effectively increase the number of deferred units instead of being paid out in cash directly.
AI-generated analysis. How Rhea-AI works. Not financial advice.
