Alliant Energy director receives deferred stock units
Alliant Energy Corp director Ignacio A. Cortina received a grant of deferred stock units, acquiring 666.895 Deferred Common Stock Units at an assigned value of $73.10 per unit.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Alliant Energy Corp director Ignacio A. Cortina received a grant of deferred stock units, acquiring 666.895 Deferred Common Stock Units at an assigned value of $73.10 per unit. Following this award, his total deferred units position is 10,227.316, held directly.
The units represent Deferred Common Stock and will be settled in shares of common stock when Cortina’s service as a director ends. The reported total also reflects adjustments for accrued dividends through a dividend reinvestment transaction exempt from Section 16 under Rule 16a-11.
Insider Trade Summary
Grant/Award: 666.895 shares
Grant/Award
1 txn
Insider
Cortina Ignacio A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Common Stock Units | 666.895 | $73.10 | $49K |
Holdings After Transaction:
Deferred Common Stock Units — 10,227.316 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: 666.895 units
Grant value per unit: $73.10 per unit
Total deferred units after grant: 10,227.316 units
+1 more
4 metrics
Deferred units granted
666.895 units
Deferred Common Stock Units grant on April 10, 2026
Grant value per unit
$73.10 per unit
Assigned value for Deferred Common Stock Units grant
Total deferred units after grant
10,227.316 units
Deferred Common Stock Units held directly after transaction
Conversion price
$0.00
Conversion or exercise price for Deferred Common Stock Units
Key Terms
Deferred Common Stock Units, Deferred Common Stock, dividend reinvestment transaction, Section 16, +1 more
5 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.
Deferred Common Stock financial
"underlying_security_title: "Deferred Common Stock""
dividend reinvestment transaction financial
"Includes adjustments for accrued dividends, pursuant to a dividend reinvestment transaction exempt"
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 insider transaction did Alliant Energy (LNT) report for Ignacio A. Cortina?
Alliant Energy reported that director Ignacio A. Cortina received 666.895 Deferred Common Stock Units as a grant. These units are a form of deferred equity compensation and increase his total deferred holdings to 10,227.316 units, all reported as directly owned.
At what value were the deferred stock units granted to the Alliant Energy director?
The deferred stock units granted to the Alliant Energy director were valued at $73.10 per unit. This value is used for reporting and compensation purposes and does not necessarily represent a cash transaction in the open market at that price.
How many deferred stock units does Ignacio A. Cortina hold after this Alliant Energy Form 4?
After this transaction, Ignacio A. Cortina holds 10,227.316 Deferred Common Stock Units. This total includes the new 666.895-unit grant plus prior holdings, with adjustments for accrued dividends through an exempt dividend reinvestment mechanism.
When will the Alliant Energy deferred stock units for Ignacio A. Cortina be settled?
The deferred stock units for Ignacio A. Cortina will be settled in shares of Alliant Energy common stock upon the end of his service as a director. Until then, they remain deferred units rather than currently deliverable common shares.
Does the Alliant Energy Form 4 mention dividend adjustments on Cortina’s deferred units?
Yes. The filing notes that Cortina’s total deferred units include adjustments for accrued dividends. These are credited through a dividend reinvestment transaction that is exempt from Section 16 reporting under SEC Rule 16a-11.
AI-generated analysis. How Rhea-AI works. Not financial advice.
