Director William Kennard receives 721-share stock grant at MetLife (NYSE: MET)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kennard William E reported acquisition or exercise transactions in this Form 4 filing.
MetLife Inc. director William E. Kennard received a grant of 721 shares of MetLife common stock on April 1, 2026, as part of non‑management director compensation. The shares were valued at $71.17 each and he elected to defer receipt under the MetLife Deferred Compensation Plan for Non-Management Directors.
Following this award, Kennard is reported as beneficially owning 46,501 shares of MetLife common stock directly, and an additional 10 shares are held indirectly in the MetLife Policyholder Trust that holds stock allocated to eligible policyholders.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Kennard William E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 721 | $71.17 | $51K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 46,501 shares (Direct);
Common Stock — 10 shares (Indirect, By the MetLife Policyholder Trust)
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. Shares held in trust under the MetLife Policyholder Trust established to hold shares of common stock allocated to eligible policyholders of Metropolitan Life Insurance Company, a wholly-owned subsidiary of MetLife, Inc.
Key Figures
Director stock grant: 721 shares
Grant valuation price: $71.17 per share
Direct holdings after grant: 46,501 shares
+1 more
4 metrics
Director stock grant
721 shares
Common stock award on April 1, 2026
Grant valuation price
$71.17 per share
Value used for 721-share director grant
Direct holdings after grant
46,501 shares
Common stock directly held after April 1, 2026 grant
Indirect holdings in trust
10 shares
Common stock held via MetLife Policyholder Trust
Key Terms
MetLife Deferred Compensation Plan for Non-Management Directors, MetLife Policyholder Trust, non-management director compensation arrangements, beneficially owning
4 terms
MetLife Deferred Compensation Plan for Non-Management Directors financial
"The director elected to defer receipt of these shares under the MetLife Deferred Compensation Plan for Non-Management Directors."
MetLife Policyholder Trust financial
"Shares held in trust under the MetLife Policyholder Trust established to hold shares of common stock allocated"
non-management director compensation arrangements financial
"MetLife, Inc.'s non-management director compensation arrangements pay a portion of non-management director retainer fees in MetLife, Inc. common stock."
beneficially owning financial
"Following this award, Kennard is reported as beneficially owning 46,501 shares of MetLife common stock directly"
FAQ
What did MetLife (MET) director William E. Kennard report in this Form 4?
Director William E. Kennard reported receiving a grant of 721 MetLife common shares as part of non-management director compensation. The award is a share-based fee, not an open-market stock purchase or sale, and reflects routine board compensation practices at MetLife Inc.
What is the MetLife Deferred Compensation Plan for Non-Management Directors?
The MetLife Deferred Compensation Plan for Non-Management Directors allows directors to defer receipt of common stock granted as part of their fees. In this filing, William E. Kennard elected to defer the 721-share grant into this plan instead of receiving shares immediately.
What is the MetLife Policyholder Trust mentioned in the MET Form 4?
The MetLife Policyholder Trust holds MetLife common stock allocated to eligible policyholders of Metropolitan Life Insurance Company. In this filing, 10 shares attributed to William E. Kennard are held in this trust, representing a small indirect ownership position separate from his direct holdings.