Alliant Energy (LNT) EVP receives stock grants and withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Alliant Energy Executive Vice President Raja Sundararajan reported equity compensation transactions in company common stock. He acquired 18,768 and 8,784 shares through grants at a price of $0.0000 per share, reflecting stock-based awards. A portion of these awards represents restricted stock units that convert to common stock on a one-to-one basis and vest on December 31, 2028. To cover tax obligations on the awards, 11,324 shares were disposed of at $70.0100 per share under a tax-withholding arrangement. After these transactions, he continues to hold common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Sundararajan Raja
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock . | 18,768 | $0.00 | -- |
| Grant/Award | Common Stock . | 8,784 | $0.00 | -- |
| Tax Withholding | Common Stock . | 11,324 | $70.01 | $793K |
Holdings After Transaction:
Common Stock . — 35,590 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What did Alliant Energy (LNT) executive Raja Sundararajan report on this Form 4?
Raja Sundararajan reported stock-based compensation activity, including grants of company common stock and a related share disposition for taxes. These transactions reflect routine executive equity awards rather than open-market purchases or sales, and they adjust his directly held share balance accordingly.
What are the restricted stock units (RSUs) mentioned for Alliant Energy (LNT)?
The filing notes restricted stock units that convert into Alliant Energy common stock on a one-to-one basis when vested. These RSUs are scheduled to vest on December 31, 2028, providing the executive with future share delivery subject to continued service or applicable conditions.
Is Raja Sundararajan’s Form 4 activity in Alliant Energy (LNT) a buy or a sell?
The activity is mixed, with share grants and a tax-driven disposition. He acquired shares through equity awards at no cash cost and simultaneously had 11,324 shares withheld at $70.0100 per share to cover tax liabilities associated with those awards.
How does this Alliant Energy (LNT) Form 4 affect Raja Sundararajan’s ownership?
The grants increase his direct stake in Alliant Energy common stock, while the tax-withholding disposition reduces it by 11,324 shares. Overall, his ownership remains significant, and the transactions align with typical executive compensation practices using equity awards.