MetLife (NYSE: MET) director granted 1,248 deferred shares as fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HUBBARD ROBERT GLENN reported acquisition or exercise transactions in this Form 4 filing.
MetLife Inc. director Robert Glenn Hubbard received a grant of 1,248 shares of common stock valued at $71.17 per share as part of non-management director compensation. This award reflects retainer fees that are paid in MetLife stock rather than cash.
The director elected to defer receipt of these shares under the MetLife Deferred Compensation Plan for Non-Management Directors, so the shares are credited rather than immediately delivered. Following this grant, he holds 105,878 shares of MetLife common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HUBBARD ROBERT GLENN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,248 | $71.17 | $89K |
Holdings After Transaction:
Common Stock — 105,878 shares (Direct)
Footnotes (1)
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Key Figures
Shares granted: 1,248 shares
Grant value per share: $71.17 per share
Total shares after grant: 105,878 shares
3 metrics
Shares granted
1,248 shares
Director stock grant as retainer fees
Grant value per share
$71.17 per share
Recorded value of common stock grant
Total shares after grant
105,878 shares
Director’s direct holdings following transaction
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 of non-management director retainer fees"
retainer fees financial
"pay a portion of non-management director retainer fees and Board Chair retainer fees in MetLife, Inc. common stock"
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"
FAQ
What did MetLife (MET) director Robert Glenn Hubbard report in this Form 4?
Robert Glenn Hubbard reported receiving 1,248 shares of MetLife common stock as a grant tied to his director retainer fees. The shares were valued at $71.17 each and increase his directly held position to 105,878 shares.
Was the MetLife (MET) Form 4 transaction an open-market purchase or sale?
The transaction was a grant or award, not an open-market trade. Shares were issued as part of non-management director compensation, reflecting retainer fees paid in MetLife common stock rather than a discretionary market buy or sell.
How are MetLife (MET) non-management directors compensated in stock?
MetLife’s non-management director compensation arrangements pay a portion of director and Board Chair retainer fees in MetLife common stock. Directors can elect to defer receipt of these shares into the MetLife Deferred Compensation Plan for Non-Management Directors, as Robert Glenn Hubbard did here.