[Form 4] Voya Financial, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Voya Financial, Inc. (VOYA) director equity activity: A company director reported acquiring 198 shares of common stock on 11/14/2025 through the exercise of deferred stock units at a price of $70.74 per share, bringing direct ownership to 16,786 common shares. The director also reported derivative holdings, including 196.752 issuer stock units in a deferred fee plan and 8,409 restricted stock units, each representing a right to receive one share of common stock under the company’s equity programs.

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

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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)
11/14/2025

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	11/14/2025		M		198(1)	A	$70.74	16,786	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)	11/14/2025		M			198	(2)	(2)	Common Stock	198	$0	196.752(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 2.330 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	11/18/2025
	** 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 insider transaction did Voya Financial (VOYA) report on this Form 4?

A Voya Financial director reported acquiring 198 shares of common stock on 11/14/2025 through the exercise of previously held deferred stock units.

At what price were the 198 Voya Financial (VOYA) shares acquired?

The 198 shares of Voya Financial common stock were acquired at a price of $70.74 per share.

How many Voya Financial (VOYA) shares does the director own after this transaction?

Following the reported transaction, the director beneficially owns 16,786 shares of Voya Financial common stock in direct ownership.

What deferred stock units and RSUs does the Voya Financial (VOYA) director hold?

The director holds 196.752 issuer stock units in a deferred fee plan, each tied to the cash value of one common share, and 8,409 restricted stock units, each representing a right to receive one share of common stock.

What is the Voya Financial (VOYA) Director Deferred Fee Plan mentioned in the filing?

The filing states that shares were issued in accordance with the Amended and Restated Director Deferred Fee Plan, under which units represent a right to the cash value of Voya common stock and may be reallocated to alternative investments.

Does the Voya Financial (VOYA) insider transaction relate to a Rule 10b5-1 trading plan?

The form includes a checkbox for indicating transactions under a Rule 10b5-1(c) plan, but the provided content does not show that this box was checked for the reported transaction.