Voya director granted 78.7 deferred stock units
GILLIS RUTH ANN M reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
GILLIS RUTH ANN M reported acquisition or exercise transactions in this Form 4 filing.
Voya Financial director Ruth Ann M. Gillis reported an award of deferred stock-based units as part of her compensation. She received 78.703 Deferred Fee Plan Issuer Stock Units tied to Voya common stock, bringing her total holdings in this plan to 5,944.188 units.
Each unit represents the right to receive the cash value of one share of Voya common stock upon her separation from the company or on an earlier elected in-service date, and she may later reallocate these investments. Separately, she holds 29,595 Restricted Stock Units linked to common shares and 7,162 common shares in a trust for her benefit, which she serves as trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 78.703 shares
Grant/Award
3 txns
Insider
GILLIS RUTH ANN M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Fee Plan Issuer Stock Units | 78.703 | $90.53 | $7K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Deferred Fee Plan Issuer Stock Units — 5,944.188 contracts (Direct);
Restricted Stock Units — 29,595 contracts (Direct);
Common Stock — 7,162 shares (Indirect, By Trust)
Footnotes (4)
- F1. These shares are held in a trust for the benefit of the reporting person. The reporting person is the trustee of the trust.
- F2. 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 on 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.
- F3. Includes dividend of 30.092 shares.
- F4. The stock units will vest based on their respective award agreements.
Key Figures
Deferred fee units granted: 78.703 units
Reference price per unit: $90.5300 per unit
Total deferred fee units after award: 5,944.188 units
+2 more
5 metrics
Deferred fee units granted
78.703 units
Deferred Fee Plan Issuer Stock Units awarded to director
Reference price per unit
$90.5300 per unit
Price per Deferred Fee Plan Issuer Stock Unit on grant
Total deferred fee units after award
5,944.188 units
Deferred Fee Plan Issuer Stock Units held after this grant
Restricted Stock Units outstanding
29,595 units
Restricted Stock Units linked to Voya common stock, direct holding
Common shares in trust
7,162 shares
Voya common stock held in a trust for the director
Key Terms
Deferred Fee Plan Issuer Stock Units, Restricted Stock Units, separation from the company, dividend
4 terms
Deferred Fee Plan Issuer Stock Units financial
"Each of these units represents a right to receive the cash value of one share of the company's common stock"
Restricted Stock Units financial
"The stock units will vest based on their respective award agreements."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
separation from the company financial
"receive the cash value of one share of the company's common stock upon the reporting person's separation from the company"
dividend financial
"Includes dividend of 30.092 shares."
A dividend is a payment that a company gives to its shareholders, usually from its profits. It’s like a bonus or reward for owning the company's stock, and it can provide a steady income stream for investors. Companies pay dividends to share their success with the people who own their stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Voya Financial (VOYA) director Ruth Ann M. Gillis report on this Form 4?
Ruth Ann M. Gillis reported an award of 78.703 Deferred Fee Plan Issuer Stock Units. These units are a form of stock-based compensation linked to Voya common stock and increase her total deferred fee plan holdings to 5,944.188 units.
How do the Voya (VOYA) Deferred Fee Plan Issuer Stock Units work for the director?
Each Deferred Fee Plan Issuer Stock Unit represents the right to receive the cash value of one Voya common share. Payment occurs after the director’s separation from the company or an earlier elected in-service date, with flexibility to reallocate investments later.
What other equity or unit holdings does the Voya (VOYA) director report?
The director reports 29,595 Restricted Stock Units linked to Voya common stock and 7,162 Voya common shares held in a trust. She is trustee of that trust, and these positions sit alongside her 5,944.188 deferred fee stock units.
Do the Voya (VOYA) stock units reported here vest immediately for the director?
The stock units do not all vest immediately. The filing states that the stock units will vest based on their respective award agreements, which govern the timing and conditions for these compensation-related awards to become payable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
