MetLife EVP has 4,030 shares withheld for taxes
EVP Bill Pappas settled RSU-related taxes via share withholding, while maintaining substantial direct and GRAT-based holdings in MET common stock.
Rhea-AI Filing Summary
METLIFE INC (MET) reported that executive vice president Bill Pappas had 4,030 shares of common stock withheld on August 31, 2026 at $95.17 per share to pay tax liabilities on shares issued for restricted stock units. After this withholding, he holds 79,716 shares directly, plus 10,220 shares indirectly through a 2024 GRAT and 18,750 shares indirectly through a 2025 GRAT.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 4,030 shares
Tax Withholding
3 txns
Insider
PAPPAS BILL
Role
EVP, Global Tech. & Ops.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 4,030 | $95.17 | $384K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 79,716 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.
Key Figures
Shares withheld for taxes: 4,030 shares
Withholding price per share: $95.17 per share
Direct holdings after transaction: 79,716 shares
+2 more
5 metrics
Shares withheld for taxes
4,030 shares
Common stock withheld on August 31, 2026 to pay tax liability on RSUs
Withholding price per share
$95.17 per share
Value used for the 4,030 shares withheld for tax liability
Direct holdings after transaction
79,716 shares
Direct MET common stock owned by Bill Pappas following the August 31, 2026 withholding
Indirect holdings via 2024 GRAT
10,220 shares
MET common stock held indirectly by 2024 GRAT as reported
Indirect holdings via 2025 GRAT
18,750 shares
MET common stock held indirectly by 2025 GRAT as reported
Key Terms
restricted stock units, GRAT, Payment of tax liability by delivering or withholding securities
3 terms
restricted stock units financial
"Withheld for taxes on shares issued for restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
GRAT financial
"Indirect ownership noted as By 2024 GRAT and By 2025 GRAT"
Payment of tax liability by delivering or withholding securities financial
"Transaction code description for the 4,030-share withholding"
FAQ
What insider transaction did MET EVP Bill Pappas report for MetLife (MET)?
Bill Pappas reported that 4,030 MET shares were withheld on August 31, 2026 at $95.17 per share to pay tax liabilities on shares issued for restricted stock units, classified as a payment of tax liability by delivering or withholding securities.
Was the August 31, 2026 MET transaction an open-market sale by Bill Pappas?
No. The 4,030 MET shares were withheld for taxes on shares issued for restricted stock units, described as a payment of tax liability by delivering or withholding securities, rather than an open-market sale.
What indirect MetLife (MET) holdings does Bill Pappas report through GRATs?
He reports 10,220 MET shares held indirectly through a 2024 GRAT and 18,750 MET shares held indirectly through a 2025 GRAT, both listed as indirect ownership positions as of August 31, 2026.
Was a Rule 10b5-1 trading plan involved in this MET Form 4 transaction?
No. The Form 4 indicates no Rule 10b5-1 trading plan; the document-level checkbox for such a plan is not marked, and the footnote states only that shares were withheld for taxes on restricted stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.
