Director Lynne Biggar shifts deferred units into Voya (NYSE: VOYA) stock

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.

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
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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)
02/18/2026

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	02/18/2026		M		197(1)	A	$74.51	16,983	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)	02/18/2026		M			197	(2)	(2)	Common Stock	197	$0	0.987(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 1.235 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	02/19/2026
	** 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 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.

How many Voya Financial (VOYA) common shares does Lynne Biggar hold after the transactions?

After the reported transactions, Lynne Biggar directly holds 16,983 shares of Voya common stock. In addition, she holds 8,409 restricted stock units and 0.987 issuer stock units, each representing rights tied to the value of one share of Voya common stock.

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.