Form 4: Alliant Energy Director Acquires Deferred Stock Units

Alliant Energy director Michael Dennis Garcia acquired 1,094.246 deferred common stock units, convertible to common stock upon termination of service.

Summary

• Michael Dennis Garcia, a director at Alliant Energy Corp, acquired 1,094.246 deferred common stock units on January 10, 2025.
• These units will be settled in shares of common stock when Mr. Garcia ceases to be a director.
• The transaction also includes adjustments for accrued dividends, which are exempt from Section 16 under Rule 16a-11.
• Following this transaction, Mr. Garcia beneficially owns 20,087.395 shares of Alliant Energy common stock.

Sentiment

Score: 7

Explanation: The transaction is a routine part of director compensation and indicates confidence in the company's future. The sentiment is neutral to slightly positive.

Positives

• The acquisition of deferred stock units by a director signals confidence in the company's future performance.
• The dividend reinvestment indicates a long-term commitment to the company.

Future Outlook

The deferred stock units will convert to common stock upon the director's termination of service.

Industry Context

This is a routine filing related to director compensation and is common in publicly traded companies.

Comparison to Industry Standards

• Director compensation packages often include deferred stock units as a way to align the interests of directors with those of shareholders.
• The use of dividend reinvestment programs is a standard practice for long-term equity compensation.
• Similar transactions are regularly reported by directors of other utility companies such as NextEra Energy (NEE) and Duke Energy (DUK).

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director interests with company performance.

Key Dates

Keywords

Alliant Energy, Director, Stock Units, Deferred Stock, Beneficial Ownership, Dividend Reinvestment, SEC Form 4