Voya insider reports new stock awards and tax share use
Voya Financial insider Thompson Brannigan C reported equity compensation activity involving performance stock units, restricted stock units, and common shares.
Rhea-AI Filing Summary
Voya Financial insider Thompson Brannigan C reported equity compensation activity involving performance stock units, restricted stock units, and common shares. He received 14,965 performance stock units and 12,244 restricted stock units as compensation awards, with no cash paid for the grants.
Some previously awarded units were converted into common stock through derivative exercises, adding 793 and 4,925 common shares in separate transactions. To cover tax obligations tied to these equity events, 2,661 shares of common stock were disposed of at $74.39 per share. After these transactions, he directly owned 10,796 shares of Voya common stock. Footnotes state that performance unit payouts can range from 0% to 150% of the reported amount based on performance, with vesting dates extending to February 20, 2029, and restricted stock units vesting in three annual installments.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Unit | 14,965 | $0.00 | $0.00 |
| Exercise | Performance Stock Unit | 793 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 12,244 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 4,925 | $0.00 | $0.00 |
| Exercise | Common Stock | 793 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,925 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,661 | $74.39 | $198K |
| holding | Performance-Based Stock Options | -- | -- | -- |
Footnotes (7)
- F1. Delivery of shares of the company's common stock was made to the reporting person without the payment of any consideration in connection with the vesting of the underlying restricted and performance stock units that were awarded as compensation.
- F2. The stock units will vest based on their respective award agreements.
- F3. The number of shares of common stock that will be delivered for each performance unit depends on the achievement of certain performance factors. Depending on actual performance, the number of common stock delivered upon the vesting date (February 20, 2029) can range from 0% to 150% of the number presented above.
- F4. The performance stock units were awarded as compensation and converted to common stock based on the achievement of certain performance factors.
- F5. 1/3 of the restricted stock units will vest on February 16, 2027, 1/3 on February 15, 2028 and 1/3 on February 20, 2029.
- F6. The restricted stock units were awarded as compensation and converted to common stock on a 1 to 1 basis upon the vesting date.
- F7. The options vest based on conditions set forth in their respective agreements.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did Thompson Brannigan C receive from Voya Financial (VOYA)?
How do the Voya Financial (VOYA) performance stock units for Thompson Brannigan C vest?
What is the vesting schedule for Thompson Brannigan C’s restricted stock units at Voya (VOYA)?
What derivative holdings does Thompson Brannigan C have in Voya Financial (VOYA) after this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.