MetLife (MET) director Daniel Glaser receives 721-share equity grant and defers payout
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Glaser Daniel S reported acquisition or exercise transactions in this Form 4 filing.
MetLife Inc. director Daniel S. Glaser received an equity award of 721 shares of common stock, valued at $71.17 per share. The award represents a portion of his non-management director retainer fees paid in stock. He elected to defer receipt of these shares under the MetLife Deferred Compensation Plan for Non-Management Directors.
Following this grant, Glaser directly holds 2,101 shares of MetLife common stock. In addition, 198 shares are held indirectly in a GRAT, reflecting an estate-planning vehicle associated with his holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Glaser Daniel S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 721 | $71.17 | $51K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,101 shares (Direct);
Common Stock — 198 shares (Indirect, By GRAT)
Footnotes (1)
- MetLife, Inc.'s non-management director compensation arrangements pay a portion of non-management director retainer fees in MetLife, Inc. common stock. The director elected to defer receipt of these shares under the MetLife Deferred Compensation Plan for Non-Management Directors. These shares are held in a GRAT.
Key Figures
Equity award: 721 shares
Grant valuation price: $71.17 per share
Direct holdings after grant: 2,101 shares
+1 more
4 metrics
Equity award
721 shares
Common stock grant to director Daniel S. Glaser
Grant valuation price
$71.17 per share
Value used for the 721-share stock award
Direct holdings after grant
2,101 shares
MetLife common stock held directly by Glaser after transaction
Indirect GRAT holdings
198 shares
MetLife common stock held indirectly in a GRAT
Key Terms
MetLife Deferred Compensation Plan for Non-Management Directors, GRAT, retainer fees
3 terms
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."
GRAT financial
"These shares are held in a GRAT."
retainer fees financial
"non-management director compensation arrangements pay a portion of non-management director retainer fees in MetLife, Inc. common stock."
FAQ
What insider transaction did MetLife (MET) director Daniel Glaser report?
Daniel S. Glaser reported receiving 721 shares of MetLife common stock as an equity award. The shares were granted as part of his non-management director retainer fees, which MetLife partially pays in common stock instead of entirely in cash.
At what price was Daniel Glaser’s MetLife (MET) stock award valued?
The 721-share award to Daniel Glaser was valued at $71.17 per share. This price is used in the Form 4 to represent the grant’s value for reporting purposes, helping investors understand the approximate dollar size of the compensation-related equity award.
What does it mean that Daniel Glaser deferred his MetLife (MET) stock award?
Glaser elected to defer receipt of the 721 awarded shares under MetLife’s Deferred Compensation Plan for Non-Management Directors. Deferral means he does not immediately take delivery of the shares, which can align equity compensation with long-term incentives and tax planning goals.