Alliant Energy Corp (NASDAQ: LNT) grants director new deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cortina Ignacio A reported acquisition or exercise transactions in this Form 4 filing.
ALLIANT ENERGY CORP director Ignacio A. Cortina received a grant of 638.089 Deferred Common Stock Units, referenced at $76.40 per unit. Following this award, Cortina holds 10,942.579 Deferred Common Stock Units directly. These units are to be settled in shares of common stock upon his termination of service as a director and include adjustments for 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
Cortina Ignacio A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Common Stock Units | 638.089 | $76.40 | $49K |
Holdings After Transaction:
Deferred Common Stock Units — 10,942.579 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 Common Stock Units granted: 638.089 units
Transaction price per unit: $76.4000
Total Deferred Common Stock Units after grant: 10,942.579 units
+1 more
4 metrics
Deferred Common Stock Units granted
638.089 units
Grant of Deferred Common Stock Units to director Ignacio A. Cortina on 2026-07-10
Transaction price per unit
$76.4000
Recorded transaction price per Deferred Common Stock Unit for the 638.089-unit grant
Total Deferred Common Stock Units after grant
10,942.579 units
Cortina’s direct holdings of Deferred Common Stock Units following the reported award
Conversion or exercise price
0.0000
Deferred Common Stock Units to be settled in common stock without additional exercise price
Key Terms
Deferred Common Stock Units, dividend reinvestment transaction, Rule 16a-11
3 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.
Rule 16a-11 regulatory
"dividend reinvestment transaction exempt from Section 16 under Rule 16a-11"
FAQ
What insider transaction did ALLIANT ENERGY CORP (LNT) report for Ignacio A. Cortina?
ALLIANT ENERGY CORP reported that director Ignacio A. Cortina received a grant of 638.089 Deferred Common Stock Units. The award is referenced at $76.40 per unit and increases his direct holdings of deferred units to 10,942.579.
How many Deferred Common Stock Units does Ignacio A. Cortina now hold at ALLIANT ENERGY CORP (LNT)?
After the reported grant, Ignacio A. Cortina holds 10,942.579 Deferred Common Stock Units directly. This total includes the new 638.089-unit grant and prior accumulated units, plus adjustments for accrued dividends via dividend reinvestment.
At what price were the new Deferred Common Stock Units for LNT’s director Cortina recorded?
The newly granted 638.089 Deferred Common Stock Units for Ignacio A. Cortina are recorded at $76.40 per unit. This figure reflects the transaction price per unit associated with the grant disclosed for ALLIANT ENERGY CORP.
When will Ignacio A. Cortina’s Deferred Common Stock Units at ALLIANT ENERGY CORP (LNT) be settled?
Cortina’s Deferred Common Stock Units are to be settled in shares of common stock upon his termination of services as a director. Settlement occurs only at that time, rather than immediately when the units are granted.
How are dividends handled for Ignacio A. Cortina’s Deferred Common Stock Units at LNT?
The total for Cortina’s Deferred Common Stock Units includes adjustments for accrued dividends. These arise from a dividend reinvestment transaction that is exempt from Section 16 reporting under Rule 16a-11, effectively reinvesting dividends into additional units.
Is the reported transaction for Ignacio A. Cortina at ALLIANT ENERGY CORP (LNT) a market buy or a compensation grant?
The transaction is a grant/award acquisition of Deferred Common Stock Units, coded as “A” for a grant or award. It is part of director compensation rather than an open-market purchase or sale of ALLIANT ENERGY CORP common stock.