MetLife director granted 721 deferred stock units
Mumenthaler Christian Stephane reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Mumenthaler Christian Stephane reported acquisition or exercise transactions in this Form 4 filing.
METLIFE INC director Christian Stephane Mumenthaler received an equity grant of MetLife common stock as part of his board compensation. On this Form 4, he was awarded 721 shares of common stock at $71.17 per share, increasing his directly reported holdings to 2,846 shares. The footnote explains that MetLife pays a portion of non-management director retainer fees in common stock and that he elected to defer receipt of these shares under the MetLife Deferred Compensation Plan for Non-Management Directors, so the compensation is taken in stock units rather than immediate cash.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 721 | $71.17 | $51K |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
non-management director retainer fees financial
Deferred Compensation Plan for Non-Management Directors financial
Grant, award, or other acquisition financial
FAQ
What insider transaction did MET (MetLife) report for Christian Stephane Mumenthaler?
Was the MetLife (MET) Form 4 transaction a market purchase or a compensation award?
Did the MetLife (MET) director defer the stock received in this transaction?
How are MetLife (MET) non-management directors compensated according to this filing?
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