STOCK TITAN

[Form 4] VOYA FINANCIAL, INC. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Positive)
Form Type
4

Lynne Biggar, a director of Voya Financial (VOYA), reported equity awards and a purchase under director compensation arrangements executed on 08/14/2025. The filing shows an acquisition of 196 shares of common stock at $74.96 under transaction code M, and total direct beneficial ownership of 16,588 shares after the transaction. The report also discloses 8,409 restricted stock units and 392.422 deferred fee plan issuer stock units, the latter including a dividend credit of 3.745 shares. The deferred units reflect rights to cash value tied to one share per unit payable upon separation or an earlier elected in-service date.

The filing reflects routine director compensation through the Amended and Restated Director Deferred Fee Plan and outstanding equity awards rather than a market purchase outside of a compensation plan. All holdings are reported as direct beneficial ownership.

Lynne Biggar, amministratrice di Voya Financial (VOYA), ha dichiarato premi azionari e un acquisto nell'ambito delle misure di compenso per amministratori eseguite il 14/08/2025. La comunicazione riporta l'acquisizione di 196 azioni ordinarie a $74,96 con codice di transazione M, e una partecipazione diretta complessiva di 16.588 azioni dopo l'operazione. La segnalazione indica inoltre 8.409 unità azionarie soggette a restrizioni e 392,422 unità di piano di compenso differito emesse in azioni, queste ultime comprendenti un accredito da dividendi di 3,745 azioni. Le unità differite rappresentano diritti a un valore in contanti collegato a una azione per unità, pagabile al momento della separazione o in una data in servizio anticipatamente scelta.

Il filing riflette la compensazione ordinaria per amministratori tramite l'Amended and Restated Director Deferred Fee Plan e premi azionari in essere, e non un acquisto sul mercato al di fuori di un piano di compenso. Tutte le partecipazioni sono dichiarate come proprietà diretta beneficiaria.

Lynne Biggar, directora de Voya Financial (VOYA), declaró adjudicaciones de acciones y una compra en el marco de los arreglos de compensación de directores ejecutados el 14/08/2025. El informe muestra la adquisición de 196 acciones ordinarias a $74,96 bajo el código de operación M, y una titularidad directa total de 16.588 acciones después de la transacción. El reporte también revela 8.409 unidades restringidas de acciones y 392,422 unidades de acciones del plan de honorarios diferidos del emisor, estas últimas incluyendo un crédito por dividendos de 3,745 acciones. Las unidades diferidas representan derechos a un valor en efectivo vinculado a una acción por unidad, pagadero al separarse o en una fecha en servicio anticipada elegida.

La presentación refleja la compensación rutinaria por director a través del Amended and Restated Director Deferred Fee Plan y adjudicaciones de acciones pendientes, en lugar de una compra en el mercado fuera de un plan de compensación. Todas las participaciones se informan como propiedad beneficiaria directa.

Voya Financial(VOYA) 이사인 Lynne Biggar는 2025년 8월 14일 실행된 이사 보상 제도에 따른 주식 보상 및 매수를 신고했습니다. 제출서류에는 거래 코드 M으로 196주 보통주$74.96에 취득했으며, 거래 후 총 직접 실소유 주식 수는 16,588주로 표시되어 있습니다. 보고서에는 또한 8,409 제한부 주식 단위(RSU)392.422 지급유예 수수료 계획 발행주식 단위가 기재되어 있고, 후자에는 배당 크레딧 3.745주가 포함되어 있습니다. 이 지급유예 단위는 각 단위당 1주에 연동된 현금 가치를 받을 권리를 의미하며, 퇴사 시 또는 사전에 선택한 근무 중 지급 시점에 지급됩니다.

해당 신고는 보상 플랜 외의 시장 매수가 아닌, 개정·재정비된 이사 지급유예 수수료 플랜(Amended and Restated Director Deferred Fee Plan)을 통한 통상적인 이사 보상 및 기존 주식 보상을 반영한 것입니다. 모든 보유는 직접 실소유로 신고되었습니다.

Lynne Biggar, administratrice de Voya Financial (VOYA), a déclaré des attributions d'actions et un achat dans le cadre des arrangements de rémunération des administrateurs exécutés le 14/08/2025. Le dépôt indique l'acquisition de 196 actions ordinaires à 74,96 $ sous le code de transaction M, et une propriété bénéficiaire directe totale de 16 588 actions après la transaction. Le rapport révèle également 8 409 unités d'actions restreintes et 392,422 unités d'actions du plan d'honoraires différés de l'émetteur, ces dernières incluant un crédit de dividendes de 3,745 actions. Les unités différées représentent des droits à une valeur en espèces liée à une action par unité, payable lors de la séparation ou à une date en service choisie antérieurement.

Le dépôt reflète la rémunération habituelle des administrateurs via l'Amended and Restated Director Deferred Fee Plan et des attributions d'actions en cours, et non un achat sur le marché en dehors d'un plan de rémunération. Toutes les positions sont déclarées comme propriété bénéficiaire directe.

Lynne Biggar, Direktorin von Voya Financial (VOYA), meldete Aktienzuwendungen und einen Kauf im Rahmen von am 14.08.2025 durchgeführten Direktorenvergütungsvereinbarungen. Die Meldung weist einen Erwerb von 196 Stammaktien zu $74,96 unter Transaktionscode M aus und eine gesamte direkte wirtschaftliche Beteiligung von 16.588 Aktien nach der Transaktion. Der Bericht nennt außerdem 8.409 Restricted Stock Units und 392,422 Einheiten des Deferred Fee Plan in Emittentenaktien, letztere inklusive einer Dividenden-Gutschrift von 3,745 Aktien. Die Deferred Units spiegeln Ansprüche auf einen in bar auszuzahlenden Wert wider, der sich auf je eine Aktie pro Einheit bezieht und bei Ausscheiden oder zu einem zuvor gewählten In-Service-Termin ausgezahlt wird.

Die Einreichung stellt die übliche Direktorenvergütung über den Amended and Restated Director Deferred Fee Plan und bestehende Aktienzuteilungen dar und nicht einen Marktankauf außerhalb eines Vergütungsplans. Alle Bestände werden als direkte wirtschaftliche Eigentümerschaft gemeldet.

Positive
  • Director equity alignment: Reporting person holds 16,588 shares total, plus 8,409 RSUs, indicating continued alignment with shareholders
  • Compensation transparency: Deferred fee units and RSUs are disclosed, including a 3.745-share dividend credit, clarifying plan mechanics
Negative
  • None.

Insights

TL;DR: Director received compensation-linked equity and purchased 196 shares at $74.96, modestly increasing direct holdings to 16,588 shares.

The transaction is primarily compensation-related: 196 shares were acquired under transaction code M, consistent with issuance or plan mechanics rather than an open-market opportunistic purchase. The combination of 8,409 RSUs and 392.422 deferred units indicates meaningful equity exposure tied to service and deferred-pay arrangements. For valuation context, the 196-share acquisition at $74.96 represents a small incremental change relative to total reported direct holdings. This disclosure does not present immediate balance-sheet or cash-flow implications for the issuer; it is a routine beneficial ownership update reflecting director compensation and deferred fee election.

TL;DR: Routine Section 16 filing documenting director compensation and grant mechanics, with no governance red flags apparent.

The Form 4 documents equity awarded and deferred under the company’s Amended and Restated Director Deferred Fee Plan and restricted stock unit grants. The filing clarifies the nature of deferred units as cash-settled rights to the value of one share per unit and notes inclusion of a 3.745-share dividend credit. All reported holdings are direct, simplifying beneficiary chain analysis. There are no disclosed transfers to affiliates, pledges, or unusual derivative positions. From a governance perspective, this is a routine, transparent disclosure of director compensation and outstanding equity.

Lynne Biggar, amministratrice di Voya Financial (VOYA), ha dichiarato premi azionari e un acquisto nell'ambito delle misure di compenso per amministratori eseguite il 14/08/2025. La comunicazione riporta l'acquisizione di 196 azioni ordinarie a $74,96 con codice di transazione M, e una partecipazione diretta complessiva di 16.588 azioni dopo l'operazione. La segnalazione indica inoltre 8.409 unità azionarie soggette a restrizioni e 392,422 unità di piano di compenso differito emesse in azioni, queste ultime comprendenti un accredito da dividendi di 3,745 azioni. Le unità differite rappresentano diritti a un valore in contanti collegato a una azione per unità, pagabile al momento della separazione o in una data in servizio anticipatamente scelta.

Il filing riflette la compensazione ordinaria per amministratori tramite l'Amended and Restated Director Deferred Fee Plan e premi azionari in essere, e non un acquisto sul mercato al di fuori di un piano di compenso. Tutte le partecipazioni sono dichiarate come proprietà diretta beneficiaria.

Lynne Biggar, directora de Voya Financial (VOYA), declaró adjudicaciones de acciones y una compra en el marco de los arreglos de compensación de directores ejecutados el 14/08/2025. El informe muestra la adquisición de 196 acciones ordinarias a $74,96 bajo el código de operación M, y una titularidad directa total de 16.588 acciones después de la transacción. El reporte también revela 8.409 unidades restringidas de acciones y 392,422 unidades de acciones del plan de honorarios diferidos del emisor, estas últimas incluyendo un crédito por dividendos de 3,745 acciones. Las unidades diferidas representan derechos a un valor en efectivo vinculado a una acción por unidad, pagadero al separarse o en una fecha en servicio anticipada elegida.

La presentación refleja la compensación rutinaria por director a través del Amended and Restated Director Deferred Fee Plan y adjudicaciones de acciones pendientes, en lugar de una compra en el mercado fuera de un plan de compensación. Todas las participaciones se informan como propiedad beneficiaria directa.

Voya Financial(VOYA) 이사인 Lynne Biggar는 2025년 8월 14일 실행된 이사 보상 제도에 따른 주식 보상 및 매수를 신고했습니다. 제출서류에는 거래 코드 M으로 196주 보통주$74.96에 취득했으며, 거래 후 총 직접 실소유 주식 수는 16,588주로 표시되어 있습니다. 보고서에는 또한 8,409 제한부 주식 단위(RSU)392.422 지급유예 수수료 계획 발행주식 단위가 기재되어 있고, 후자에는 배당 크레딧 3.745주가 포함되어 있습니다. 이 지급유예 단위는 각 단위당 1주에 연동된 현금 가치를 받을 권리를 의미하며, 퇴사 시 또는 사전에 선택한 근무 중 지급 시점에 지급됩니다.

해당 신고는 보상 플랜 외의 시장 매수가 아닌, 개정·재정비된 이사 지급유예 수수료 플랜(Amended and Restated Director Deferred Fee Plan)을 통한 통상적인 이사 보상 및 기존 주식 보상을 반영한 것입니다. 모든 보유는 직접 실소유로 신고되었습니다.

Lynne Biggar, administratrice de Voya Financial (VOYA), a déclaré des attributions d'actions et un achat dans le cadre des arrangements de rémunération des administrateurs exécutés le 14/08/2025. Le dépôt indique l'acquisition de 196 actions ordinaires à 74,96 $ sous le code de transaction M, et une propriété bénéficiaire directe totale de 16 588 actions après la transaction. Le rapport révèle également 8 409 unités d'actions restreintes et 392,422 unités d'actions du plan d'honoraires différés de l'émetteur, ces dernières incluant un crédit de dividendes de 3,745 actions. Les unités différées représentent des droits à une valeur en espèces liée à une action par unité, payable lors de la séparation ou à une date en service choisie antérieurement.

Le dépôt reflète la rémunération habituelle des administrateurs via l'Amended and Restated Director Deferred Fee Plan et des attributions d'actions en cours, et non un achat sur le marché en dehors d'un plan de rémunération. Toutes les positions sont déclarées comme propriété bénéficiaire directe.

Lynne Biggar, Direktorin von Voya Financial (VOYA), meldete Aktienzuwendungen und einen Kauf im Rahmen von am 14.08.2025 durchgeführten Direktorenvergütungsvereinbarungen. Die Meldung weist einen Erwerb von 196 Stammaktien zu $74,96 unter Transaktionscode M aus und eine gesamte direkte wirtschaftliche Beteiligung von 16.588 Aktien nach der Transaktion. Der Bericht nennt außerdem 8.409 Restricted Stock Units und 392,422 Einheiten des Deferred Fee Plan in Emittentenaktien, letztere inklusive einer Dividenden-Gutschrift von 3,745 Aktien. Die Deferred Units spiegeln Ansprüche auf einen in bar auszuzahlenden Wert wider, der sich auf je eine Aktie pro Einheit bezieht und bei Ausscheiden oder zu einem zuvor gewählten In-Service-Termin ausgezahlt wird.

Die Einreichung stellt die übliche Direktorenvergütung über den Amended and Restated Director Deferred Fee Plan und bestehende Aktienzuteilungen dar und nicht einen Marktankauf außerhalb eines Vergütungsplans. Alle Bestände werden als direkte wirtschaftliche Eigentümerschaft gemeldet.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Biggar Lynne

(Last) (First) (Middle)
200 PARK AVENUE

(Street)
NEW YORK NY 10166

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Voya Financial, Inc. [ VOYA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/14/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/14/2025 M 196(1) A $74.96 16,588 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Deferred Fee Plan Issuer Stock Units (2) 08/14/2025 M 196 (2) (2) Common Stock 196 $0 392.422(3) D
Restricted Stock Units (4) (4) (4) Common Stock 8,409 8,409 D
Explanation of Responses:
1. Shares issued in accordance with the terms of the Amended and Restated Director Deferred Fee Plan.
2. Each of these units represents a right to receive the cash value of one share of the company's common stock upon the reporting person's separation from the company or an earlier in-service date that the reporting person elected. The reporting person may reallocate investments in these units to alternative investments in the future.
3. Includes dividend of 3.745 shares.
4. Each stock unit represents a conditional right to receive one share of the company's common stock.
/s/ Julie Watson, Attorney-in-Fact 08/18/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Lynne Biggar report on Voya (VOYA)?

The Form 4 reports an acquisition of 196 shares at $74.96 on 08/14/2025, reported under transaction code M.

How many shares does Lynne Biggar beneficially own after the reported transaction?

The filing shows 16,588 shares of common stock beneficially owned following the transaction.

What equity awards were disclosed in the Form 4 for VOYA?

The filing discloses 8,409 restricted stock units and 392.422 deferred fee plan issuer stock units (the deferred units include a 3.745-share dividend credit).

Are the deferred fee plan units cash- or stock-settled?

Per the filing, each deferred unit represents a right to receive the cash value of one share upon separation or an earlier elected in-service date.

Is the reported ownership direct or indirect?

All reported holdings in the Form 4 are indicated as direct beneficial ownership.
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