Form 4: Alliant Energy Corp Director Garcia Reports Acquisition of Deferred Common Stock Units

Sentiment:

SEC Form 4 Filing


Director Michael Dennis Garcia reports acquisition of deferred common stock units in Alliant Energy Corp.

Summary

  • Michael Dennis Garcia, a director of Alliant Energy Corp, filed a Form 4 on July 16, 2024, reporting a transaction on July 12, 2024.
  • Garcia acquired 1,104.5109 deferred common stock units.
  • These units will be settled in shares of common stock upon termination of Garcia's service as a director.
  • The reporting person also owns 17,698.4664 shares of Alliant Energy Corp common stock, which includes adjustments for accrued dividends.

Sentiment

Score: 7

Explanation: The sentiment is neutral as it reflects a routine transaction by a company director. The acquisition of deferred stock units is a common form of compensation and doesn't necessarily indicate a positive or negative outlook for the company.

Future Outlook

The deferred common stock units will be settled in shares of common stock upon the reporting person's termination of services as a director.

Industry Context

Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's securities.

Stakeholder Impact

  • The transaction has a minimal direct impact on stakeholders as it involves deferred compensation for a director.

Key Dates

DateDescription
07/12/2024Date of transaction: Acquisition of deferred common stock units
07/16/2024Date of Form 4 filing

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