Form 4: Alliant Energy Director Acquires Deferred Common Stock Units
SEC Form 4 Filing
Director Michael Dennis Garcia acquired deferred common stock units in Alliant Energy Corporation, to be settled in shares upon termination of service.
Summary
- On April 11, 2025, Michael Dennis Garcia, a director of Alliant Energy Corporation, acquired 1,023.271 deferred common stock units.
- These units will be settled in shares of common stock upon Garcia's termination of service as a director.
- The transaction occurred at a price of $60.59 per share.
- Following the transaction, Garcia directly owns 21,275.972 shares of Alliant Energy common stock, which includes adjustments for accrued dividends.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects a director's continued investment in the company, which is generally viewed favorably. However, it's a routine transaction.
Positives
- The director's acquisition of deferred common stock units demonstrates a continued investment and alignment with the company's future performance.
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 practice for corporate insiders to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding the director's holdings in the company.
Key Dates
| Date | Description |
|---|---|
| 04/11/2025 | Date of transaction: Acquisition of deferred common stock units. |
| 04/15/2025 | Date of signature on the Form 4 filing. |
Keywords
Alliant Energy, Director, Garcia, Deferred Common Stock Units, Beneficial Ownership, Form 4, LNT
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