MetLife (NYSE: MET) CEO logs RSU tax-withholding of 22,420 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MetLife Inc. President & CEO Michel Khalaf reported a tax-related share disposition tied to restricted stock units. On this Form 4, 22,420 shares of common stock were withheld at $73.24 per share to cover taxes, a non‑market transaction. After this withholding, he directly holds 697,709 shares of MetLife common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Khalaf Michel
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 22,420 | $73.24 | $1.64M |
Holdings After Transaction:
Common Stock — 697,709 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did MetLife (MET) CEO Michel Khalaf report?
MetLife CEO Michel Khalaf reported a tax-withholding disposition of 22,420 shares of common stock. The shares were withheld at $73.24 each to cover taxes on vested restricted stock units, rather than sold on the open market.
Was the MetLife (MET) CEO’s Form 4 transaction an open-market sale?
The MetLife CEO’s Form 4 transaction was not an open-market sale. It reflects 22,420 shares withheld to satisfy tax obligations on restricted stock units, as noted in the footnote stating they were withheld for taxes on shares issued for RSUs.
What does transaction code F mean in the MetLife (MET) CEO’s Form 4?
Transaction code F indicates payment of exercise price or tax liability by delivering securities. In this case, 22,420 MetLife shares were withheld to cover taxes on restricted stock units, rather than representing a discretionary open-market sale by the CEO.
How is the MetLife (MET) CEO’s ownership type described in this Form 4?
The Form 4 describes Michel Khalaf’s ownership of the reported MetLife shares as direct. The transaction is classified as non-derivative common stock, with total shares following the transaction shown as 697,709 under direct ownership coding and no indirect entity footnotes.