Director Lynne Biggar shifts deferred units into Voya (NYSE: VOYA) stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Voya Financial director Lynne Biggar exercised 197 Deferred Fee Plan issuer stock units into 197 shares of common stock. The deferred units, issued under the Amended and Restated Director Deferred Fee Plan, converted at a reference price of $74.51 per share.
After these transactions, she directly holds 16,983 shares of common stock, 8,409 restricted stock units, and 0.987 issuer stock units. Each deferred unit and restricted stock unit represents a right to receive the value of one share of Voya common stock under plan terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
197 shares exercised/converted
Mixed
3 txns
Insider
Biggar Lynne
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Deferred Fee Plan Issuer Stock Units | 197 | $0.00 | -- |
| Exercise | Common Stock | 197 | $74.51 | $15K |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Deferred Fee Plan Issuer Stock Units — 0.987 shares (Direct);
Common Stock — 16,983 shares (Direct);
Restricted Stock Units — 8,409 shares (Direct)
Footnotes (1)
- Shares issued in accordance with the terms of the Amended and Restated Director Deferred Fee Plan. 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. Includes dividend of 1.235 shares. Each stock unit represents a conditional right to receive one share of the company's common stock.
FAQ
What did Voya Financial (VOYA) director Lynne Biggar report on this Form 4?
Lynne Biggar reported exercising 197 Deferred Fee Plan issuer stock units into 197 shares of Voya common stock. The conversion followed the Amended and Restated Director Deferred Fee Plan, reflecting routine director compensation rather than an open-market stock purchase or sale.
What are the Deferred Fee Plan issuer stock units reported for Voya Financial (VOYA)?
The Deferred Fee Plan issuer stock units are director fee-based units that track Voya’s common stock. Each unit represents a right to receive the cash value of one share upon separation from the company or an earlier elected in-service date, subject to the plan’s terms.
At what price were Lynne Biggar’s Voya Financial (VOYA) stock units converted?
The 197 Deferred Fee Plan issuer stock units were converted into common shares at a reference price of $74.51 per share. This reflects the value used for the derivative exercise, not an open-market trade, and is part of director compensation arrangements.
What restricted stock units does Lynne Biggar hold in Voya Financial (VOYA)?
Lynne Biggar holds 8,409 restricted stock units in Voya Financial after the reported transactions. Each restricted stock unit represents a conditional right to receive one share of the company’s common stock, typically subject to vesting and other plan conditions over time.