Alliant Energy (LNT) director receives deferred stock unit award tied to shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ALLEN PATRICK E reported acquisition or exercise transactions in this Form 4 filing.
Alliant Energy Corp director Patrick E. Allen received a grant of 512.996 Deferred Common Stock Units, each tied to the company’s common stock at an indicated value of $73.10 per unit. These units will be settled in common shares when his board service ends and now bring his total deferred units to 45,514.856. The position also reflects adjustments from accrued dividends through a dividend reinvestment transaction exempt from Section 16 under Rule 16a-11.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ALLEN PATRICK E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Common Stock Units | 512.996 | $73.10 | $38K |
Holdings After Transaction:
Deferred Common Stock Units — 45,514.856 shares (Direct)
Footnotes (1)
- Units are to be settled in shares of common stock upon the reporting person's termination of services as a director. Includes adjustments for accrued dividends, pursuant to a dividend reinvestment transaction exempt from Section 16 under Rule 16a-11.
Key Figures
Deferred units granted: 512.996 units
Reporting price per unit: $73.10 per unit
Deferred units after grant: 45,514.856 units
+1 more
4 metrics
Deferred units granted
512.996 units
Deferred Common Stock Units granted on 2026-04-10
Reporting price per unit
$73.10 per unit
Value used for the 512.996 Deferred Common Stock Units grant
Deferred units after grant
45,514.856 units
Total Deferred Common Stock Units held directly after transaction
Underlying common stock
512.996 shares
Common Stock underlying the new Deferred Common Stock Units
Key Terms
Deferred Common Stock Units, Section 16, Rule 16a-11, dividend reinvestment transaction
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.
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"
dividend reinvestment transaction financial
"Includes adjustments for accrued dividends, pursuant to a dividend reinvestment transaction"
FAQ
What insider transaction did Alliant Energy (LNT) report for Patrick E. Allen?
Alliant Energy reported that director Patrick E. Allen received 512.996 Deferred Common Stock Units. These derivative units are tied to Alliant’s common stock and were recorded at $73.10 per unit as a compensation-related grant, not as an open-market share purchase or sale.
How many Alliant Energy deferred stock units does Patrick E. Allen hold after this Form 4?
After this grant, Patrick E. Allen holds 45,514.856 Deferred Common Stock Units directly. This figure reflects his cumulative deferred compensation position, including this 512.996-unit award and prior adjustments, giving a clearer picture of his total deferred equity exposure to Alliant Energy.
What does the $73.10 price per Deferred Common Stock Unit for Alliant Energy represent?
The Form 4 lists a transaction price of $73.10 per Deferred Common Stock Unit for Patrick E. Allen’s award. This figure is used for reporting and valuation of the grant and does not reflect an open-market trade, since the transaction is a compensation grant, not a market purchase.
How are dividends handled on Patrick E. Allen’s Alliant Energy deferred stock units?
The footnotes explain that his holdings include adjustments for accrued dividends. These adjustments were made through a dividend reinvestment transaction that is exempt from Section 16 under Rule 16a-11, effectively crediting additional value to his deferred units over time.