MetLife (NYSE: MET) director receives 273-share stock award as fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MetLife, Inc. reported a director stock award. Non-management director Michelle Seitz acquired 273 shares of MetLife common stock on a grant basis, with a reported price of $0.00 per share.
After this award, she directly holds 273 common shares, reflecting compensation paid in stock under MetLife’s non-management director fee arrangements.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Seitz Michelle
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 273 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 273 shares (Direct)
Footnotes (1)
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FAQ
What did MetLife (MET) director Michelle Seitz report on this Form 4?
Michelle Seitz reported the acquisition of 273 shares of MetLife common stock. The shares were received as a grant rather than an open-market purchase, and they represent part of her compensation as a non-management director paid in stock.
What is the nature of the MetLife (MET) stock transaction reported by Michelle Seitz?
The transaction is classified as a grant, award, or other acquisition of non-derivative common stock. Michelle Seitz received 273 shares directly, consistent with MetLife’s practice of paying a portion of non-management director retainer fees in company common stock.
How are MetLife (MET) non-management directors compensated according to this filing?
The footnote explains that MetLife’s non-management director compensation arrangements pay a portion of director retainer fees in MetLife common stock. The reported 273-share grant to Michelle Seitz reflects this equity-based component of her non-management director compensation.