MetLife (NYSE: MET) director defers 721-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MCKENZIE DIANA reported acquisition or exercise transactions in this Form 4 filing.
MetLife Inc. director Diana McKenzie received a grant of 721 shares of common stock, valued at $71.17 per share, as part of non-management director retainer fees. Following this award, she directly holds 24,472 shares. She elected to defer receipt of these shares under the MetLife Deferred Compensation Plan for Non-Management Directors.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MCKENZIE DIANA
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 721 | $71.17 | $51K |
Holdings After Transaction:
Common Stock — 24,472 shares (Direct)
Footnotes (1)
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Key Figures
Stock grant size: 721 shares
Grant valuation price: $71.17 per share
Shares held after transaction: 24,472 shares
3 metrics
Stock grant size
721 shares
Common stock award to director Diana McKenzie
Grant valuation price
$71.17 per share
Value used for the 721-share stock award
Shares held after transaction
24,472 shares
Direct holdings following the grant
Key Terms
non-management director compensation arrangements, retainer fees, MetLife Deferred Compensation Plan for Non-Management Directors
3 terms
non-management director compensation arrangements financial
"MetLife, Inc.'s non-management director compensation arrangements pay a portion..."
retainer fees financial
"pay a portion of non-management director retainer fees in MetLife, Inc. common stock"
MetLife Deferred Compensation Plan for Non-Management Directors financial
"elected to defer receipt of these shares under the MetLife Deferred Compensation Plan for Non-Management Directors"
FAQ
What insider transaction did MetLife (MET) director Diana McKenzie report?
Director Diana McKenzie reported receiving a grant of 721 shares of MetLife common stock as part of her non-management director retainer fees. This is a compensation-related award, not an open-market purchase, and increases her directly held position to 24,472 shares.
At what price was the MetLife (MET) stock award to Diana McKenzie valued?
The 721-share stock award to Diana McKenzie was valued at $71.17 per share. This per-share value is used for reporting the compensation grant and does not indicate that she bought shares on the open market at that price.
Was the MetLife (MET) director stock grant an open-market purchase?
No, the transaction was coded as a grant or award, not an open-market purchase. The shares represent part of non-management director retainer fees paid in MetLife common stock, making this a compensation-related acquisition rather than a discretionary market trade.
Did Diana McKenzie defer her MetLife (MET) stock award under a plan?
Yes, she elected to defer receipt of these shares under the MetLife Deferred Compensation Plan for Non-Management Directors. This means the granted shares are credited under that plan instead of being immediately delivered to her brokerage or personal account.
What does the Form 4 transaction code A mean for MetLife (MET)?
For this MetLife Form 4, transaction code A indicates a grant, award, or other acquisition of common stock. It reflects equity compensation given to director Diana McKenzie as part of her retainer, rather than a voluntary buy or sell in the open market.