MetLife (NYSE: MET) director granted 273 deferred common shares
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
MetLife Inc. director Daniel S. Glaser reported an acquisition of 273 shares of common stock as a grant under non-management director compensation arrangements. The grant was valued at $75.34 per share, and he elected to defer receipt of these shares into the MetLife Deferred Compensation Plan for Non-Management Directors.
Following this award, Glaser directly holds 1,380 common shares. The filing also notes 198 common shares held indirectly in a Grantor Retained Annuity Trust, which were previously reported as directly owned due to an administrative error and are now correctly classified as indirectly held.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Glaser Daniel S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 273 | $75.34 | $21K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,380 shares (Direct);
Common Stock — 198 shares (Indirect, By GRAT)
Footnotes (1)
- MetLife, Inc.'s non-management director compensation arrangements pay a portion of non-management director retainer fees in MetLife, Inc. common stock. The director elected to defer receipt of these shares under the MetLife Deferred Compensation Plan for Non-Management Directors. These shares are held in a Grantor Retained Annuity Trust (GRAT) and were previously reported as directly owned due to administrative error.
FAQ
What insider transaction did MetLife (MET) director Daniel Glaser report?
Daniel S. Glaser reported receiving 273 MetLife common shares as a grant. The award is part of non-management director compensation and was valued at $75.34 per share, with the shares deferred into a company deferred compensation plan.
What does the MetLife (MET) Form 4/A say about deferred compensation for directors?
The filing explains that non-management director retainer fees are partly paid in MetLife common stock. Daniel S. Glaser elected to defer receipt of his 273-share grant under the MetLife Deferred Compensation Plan for Non-Management Directors rather than receiving the shares immediately.