MetLife (MET) director receives 721-share stock grant as deferred board fees
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mumenthaler Christian Stephane
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 721 | $71.17 | $51K |
Holdings After Transaction:
Common Stock — 2,846 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 721 shares
Grant price: $71.17 per share
Shares owned after grant: 2,846 shares
3 metrics
Shares granted
721 shares
Non-management director stock compensation award
Grant price
$71.17 per share
Recorded price for the 721-share award
Shares owned after grant
2,846 shares
Director’s directly reported holdings following the transaction
Key Terms
non-management director retainer fees, Deferred Compensation Plan for Non-Management Directors, Grant, award, or other acquisition
3 terms
non-management director retainer fees financial
"non-management director compensation arrangements pay a portion of non-management director retainer fees in MetLife, Inc. common stock"
Deferred Compensation Plan for Non-Management Directors financial
"elected to defer receipt of these shares under the MetLife Deferred Compensation Plan for Non-Management Directors"
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did MET (MetLife) report for Christian Stephane Mumenthaler?
MetLife reported that director Christian Stephane Mumenthaler received a grant of 721 shares of common stock. The shares represent non-management director compensation and increased his directly reported holdings to 2,846 shares following the transaction.
Was the MetLife (MET) Form 4 transaction a market purchase or a compensation award?
The Form 4 shows a compensation award, not an open-market trade. Code "A" indicates a grant or award acquisition, reflecting non-management director retainer fees paid partly in MetLife common stock rather than a discretionary stock purchase.
Did the MetLife (MET) director defer the stock received in this transaction?
Yes. The footnote states that the director elected to defer receipt of these shares under the MetLife Deferred Compensation Plan for Non-Management Directors, meaning the stock-based retainer is deferred rather than immediately delivered as shares.
How are MetLife (MET) non-management directors compensated according to this filing?
The filing explains that MetLife’s non-management director compensation arrangements pay a portion of retainer fees in MetLife common stock. Directors can elect to defer receipt of these shares under the MetLife Deferred Compensation Plan for Non-Management Directors.