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MetLife (MET) EVP Bill Pappas reports stock awards and tax withholding

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

MetLife Inc. executive Bill Pappas reported equity awards and related tax withholding transactions in company stock. On February 24, 2026, he acquired 20,508 and 22,866 shares of MetLife common stock at $0 per share through stock awards, and 11,683 shares were withheld at $75.34 per share to cover tax obligations. After these transactions, he directly owned 89,735 shares. The filing also notes additional indirect holdings of 10,220 and 18,750 shares through 2024 and 2025 Grantor Retained Annuity Trusts.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
PAPPAS BILL

(Last) (First) (Middle)
METLIFE, INC.
200 PARK AVENUE

(Street)
NEW YORK NY 10166

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
METLIFE INC [ MET ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, Global Tech. & Ops.
3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/24/2026 A 20,508 A (1) 78,552(2) D
Common Stock 02/24/2026 A 22,866 A (3) 101,418 D
Common Stock 02/24/2026 F(4) 11,683 D $75.34 89,735 D
Common Stock 10,220(2) I By 2024 GRAT
Common Stock 18,750(5) I By 2025 GRAT
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Restricted stock unit award under the MetLife, Inc. 2025 Stock and Incentive Compensation Plan.
2. On September 26, 2025, 10,050 shares were distributed to the reporting person in accordance with the terms of the 2024 GRAT, and are now reported as directly owned.
3. Shares acquired from the determination of the performance factor for and payout of 2023-2025 performance share award under the MetLife, Inc. 2015 Stock and Incentive Compensation Plan.
4. Shares withheld to satisfy the reporting person's tax withholding obligation due on the performance share payout.
5. These shares were previously reported as directly beneficially owned but were contributed to a Grantor Retained Annuity Trust ("2025 GRAT") in October 2025.
Remarks:
/s/ Taylor McInerney Jansen, Attorney-in-fact 02/26/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did MetLife (MET) executive Bill Pappas report?

Bill Pappas reported stock awards and related tax withholding. He received 20,508 and 22,866 MetLife common shares through equity grants, while 11,683 shares were withheld at $75.34 per share to satisfy tax obligations tied to these awards and performance share payouts.

How many MetLife (MET) shares does Bill Pappas own after these Form 4 transactions?

After the reported transactions, Bill Pappas directly owned 89,735 MetLife common shares. He also reported indirect ownership of 10,220 shares via a 2024 GRAT and 18,750 shares via a 2025 GRAT, reflecting holdings through grantor retained annuity trusts associated with him.

Were Bill Pappas’s MetLife (MET) stock transactions open-market buys or sales?

The filing shows no open-market buys or sales. Shares were acquired through equity awards and performance-based grants, while 11,683 shares were disposed of only to cover tax withholding at $75.34 per share, rather than as discretionary sales into the market.

What equity plans are referenced in Bill Pappas’s MetLife (MET) Form 4 filing?

The Form 4 references MetLife’s 2025 Stock and Incentive Compensation Plan and the 2015 Stock and Incentive Compensation Plan. Awards and performance share payouts under these plans resulted in additional stock being credited to Bill Pappas as part of his executive compensation.

How are MetLife (MET) shares held indirectly for Bill Pappas?

Some MetLife shares are held indirectly for Bill Pappas through grantor retained annuity trusts. The filing reports 10,220 shares held by a 2024 GRAT and 18,750 shares held by a 2025 GRAT, reflecting structured estate-planning or wealth-transfer vehicles associated with him.
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