MetLife EVP has 5,989 shares withheld for taxes
MetLife executive Bill Pappas had 5,989 common shares withheld for taxes at $73.24 per share related to restricted stock units.
Rhea-AI Filing Summary
MetLife executive Bill Pappas had 5,989 common shares withheld for taxes at $73.24 per share related to restricted stock units. After this tax-withholding disposition, he directly holds 83,746 common shares. He also reports indirect holdings of 10,220 shares in a 2024 GRAT and 18,750 shares in a 2025 GRAT.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 5,989 shares
Exercise Price or Tax Liability
3 txns
Insider
PAPPAS BILL
Role
EVP, Global Tech. & Ops.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 5,989 | $73.24 | $439K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 83,746 shares (Direct);
Common Stock — 10,220 shares (Indirect, By 2024 GRAT);
Common Stock — 18,750 shares (Indirect, By 2025 GRAT)
Footnotes (1)
- F1. Withheld for taxes on shares issued for restricted stock units.
FAQ
What insider transaction did MetLife (MET) executive Bill Pappas report?
Bill Pappas reported a tax-withholding disposition of 5,989 MetLife common shares. The shares were withheld at $73.24 each to cover taxes on restricted stock units, rather than being sold in an open-market transaction.
Was the MetLife (MET) Form 4 transaction an open-market sale?
The Form 4 describes the transaction as a tax-withholding disposition, not an open-market sale. 5,989 shares were withheld at $73.24 per share to satisfy tax obligations on restricted stock units issued to Bill Pappas.
What does the tax-withholding disposition mean for MetLife EVP Bill Pappas?
The tax-withholding disposition means some shares from vested restricted stock units were retained to pay taxes. Bill Pappas therefore received fewer net shares but still reports 83,746 directly owned common shares after the transaction on March 2, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.