MetLife (MET) director Daniel Glaser corrects insider share ownership via Form 3/A
Filing Impact
Filing Sentiment
Form Type
3/A
Rhea-AI Filing Summary
MetLife Inc. director Daniel S. Glaser updated his initial ownership report for the company’s common stock. The amended Form 3 shows he holds 1,107 shares directly and 198 shares indirectly through a Grantor Retained Annuity Trust (GRAT).
The footnote explains the GRAT-held shares were previously reported as directly owned due to an administrative error, and this amendment corrects the ownership classification without indicating any new purchase or sale of shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Glaser Daniel S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,107 shares (Direct);
Common Stock — 198 shares (Indirect, By GRAT)
Footnotes (1)
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FAQ
What does Daniel S. Glaser’s amended Form 3 for MET show?
The amended Form 3 shows Daniel S. Glaser’s corrected holdings of MetLife common stock, with 1,107 shares reported as directly owned and 198 shares reported as indirectly owned through a Grantor Retained Annuity Trust, fixing an earlier ownership classification error.
What is the role of the Grantor Retained Annuity Trust in Glaser’s MET holdings?
The Grantor Retained Annuity Trust holds 198 MetLife shares attributed to Daniel S. Glaser as indirect ownership. These shares were previously misclassified as directly owned, and the amendment clarifies that they reside in the GRAT structure instead.
Why was Daniel S. Glaser’s MetLife Form 3 amended?
The Form 3 was amended to correct an administrative error in the original ownership report. Shares held in a Grantor Retained Annuity Trust had been reported as directly owned, and the amendment reclassifies these 198 shares as indirectly owned through the GRAT.