Alliant Energy (LNT) EVP has 1,259 shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ALLIANT ENERGY CORP Executive Vice President Antonio P. Smyth reported a routine tax-related share disposition. The company withheld 1,259 shares of common stock at $72.18 per share to cover tax obligations tied to the vesting and settlement of restricted stock units.
The footnotes clarify this is not an open-market sale by Smyth but a mechanistic tax-withholding event. After the transaction, he directly holds 20,678 shares of Alliant Energy common stock, reflecting his ongoing equity stake in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Smyth Antonio P
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,259 | $72.18 | $91K |
Holdings After Transaction:
Common Stock — 20,678 shares (Direct)
Footnotes (1)
- Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of restricted stock units and does not represent a sale by the Reporting Person. Includes shares acquired pursuant to transactions exempt from Section 16 under Rule 16a-11.
Key Figures
Shares withheld for taxes: 1,259 shares
Withholding reference price: $72.18 per share
Shares held after transaction: 20,678 shares
+1 more
4 metrics
Shares withheld for taxes
1,259 shares
Tax withholding on RSU vesting for Antonio P. Smyth
Withholding reference price
$72.18 per share
Value used for tax-withholding shares
Shares held after transaction
20,678 shares
Smyth’s direct Alliant Energy common stock holdings post-transaction
Tax-withholding transactions
1 transaction, 1,259 shares
Summary of tax withholding events in this Form 4
Key Terms
restricted stock units, tax withholding obligations, Section 16, Rule 16a-11
4 terms
restricted stock units financial
"in connection with the vesting and settlement of restricted stock units"
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.
tax withholding obligations financial
"shares withheld by the Issuer to satisfy tax withholding obligations"
Section 16 regulatory
"Includes shares acquired pursuant to transactions 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
"transactions exempt from Section 16 under Rule 16a-11."
FAQ
What did Alliant Energy (LNT) executive Antonio P. Smyth report in this Form 4?
Executive Vice President Antonio P. Smyth reported a tax-related share disposition. Alliant Energy withheld 1,259 common shares to cover taxes on vested restricted stock units, leaving him with 20,678 directly held shares after the transaction.
Was Antonio P. Smyth’s Alliant Energy (LNT) Form 4 a stock sale?
No, the Form 4 does not show an open-market sale. The 1,259 shares were withheld by Alliant Energy to satisfy tax obligations on restricted stock unit vesting, as the footnote states, and are not a discretionary sale by Smyth.
What are restricted stock units mentioned in Alliant Energy (LNT) filing?
Restricted stock units are share-based compensation that vest over time. In this Form 4, Smyth’s RSUs vested and settled into shares, and Alliant Energy withheld 1,259 of those shares to pay required taxes on the compensation event.