MET Form 144 Filed for 17 Shares; Recent 2,628-Share Dispositions Total $208K
Rhea-AI Filing Summary
MetLife, Inc. (MET) filed a Form 144 reporting a proposed sale of 17 shares of common stock through Bernstein Institutional Services LLC with an aggregate market value of $1,344.19. The filing lists the approximate sale date as 09/19/2025 and shows 665,026,054 shares outstanding. The 17 shares were acquired on 10/11/2021 in a purchase from Citigroup Global Markets with payment completed in cash on 10/13/2021. The filing also discloses prior sales by related MetLife accounts over the past three months totaling 2,628 shares for gross proceeds of $208,112.38. The notice includes the standard representation that the seller knows of no undisclosed material adverse information.
Positive
- Small proposed sale size (17 shares, $1,344.19) is immaterial relative to 665,026,054 shares outstanding
- Acquisition details provided (acquired 10/11/2021 from Citigroup; cash paid 10/13/2021), supporting Form 144 disclosure completeness
Negative
- Multiple recent dispositions in the prior three months totaling 2,628 shares for $208,112.38, indicating ongoing sell activity
- No trading plan date or explicit 10b5-1 instruction is indicated in the filing text provided
Insights
TL;DR: Routine Form 144; proposed sale is immaterial relative to outstanding shares and follows multiple recent plan-related sales.
The filing documents a proposed sale of 17 MetLife shares valued at $1,344.19, which is negligible against the 665 million shares outstanding. The disclosed acquisition date and cash payment indicate these are previously purchased shares, and the broker is Bernstein Institutional Services. The table of recent transactions shows systematic sales from MetLife-related accounts aggregating 2,628 shares and $208,112.38 in gross proceeds over the last three months, consistent with plan-driven or routine disposition activity rather than a single large insider liquidation. Impact on market capitalization or control is immaterial based on amounts disclosed.
TL;DR: Filing appears compliant and includes required seller representation; no undisclosed material information is asserted.
The Form 144 includes the acquisition details, broker information, and seller representation about public disclosure of material information, meeting Rule 144 form content requirements. The presence of multiple small sales from retirement and separate accounts suggests transfers consistent with plan or account rebalancing. There is no indication in the filing of a trading plan date or other 10b5-1 instruction, and the signature/remarks section reiterates criminal penalties for misstatement. From a compliance standpoint the submission appears routine and complete for the disclosed transactions.