Form 4: Alliant Energy Director Patrick E. Allen Reports Acquisition of Deferred Common Stock Units

Director Patrick E. Allen reports acquisition of deferred common stock units convertible to Alliant Energy Corp [LNT] common stock.

Summary

• On October 11, 2024, Patrick E. Allen, a director of Alliant Energy Corp [LNT], acquired 628.46 deferred common stock units.
• These units will be settled in shares of common stock upon the termination of Allen's services as a director.
• The price of the derivative security is $0.
• Following the transaction, Allen beneficially owns 42,382.556 shares of Alliant Energy Corp common stock.
• This amount includes adjustments for accrued dividends, pursuant to a dividend reinvestment transaction exempt from Section 16 under Rule 16a-11.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects routine insider transactions related to director compensation and dividend reinvestment, indicating confidence in the company's future.

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 changes in their beneficial ownership of company securities, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders as it involves deferred compensation for a director.
• It reflects the director's alignment with shareholder interests through equity ownership.

Key Dates