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

Sentiment:

SEC Form 4 Filing


Director Patrick E. Allen reports acquisition of deferred common stock units convertible to 781.25 shares of Alliant Energy Corp (LNT) common stock.

Summary

  • On April 12, 2024, Patrick E. Allen, a director of Alliant Energy Corp (LNT), acquired deferred common stock units that will be settled in shares of common stock upon termination of service as a director.
  • The transaction involved the acquisition of units convertible to 781.25 shares of common stock at a price of $48.
  • Following the transaction, Allen directly owns 40,336.5251 shares of Alliant Energy Corp common stock, which includes adjustments for accrued dividends.

Sentiment

Score: 5

Explanation: This is a neutral report of a transaction by a company director. It doesn't inherently indicate positive or negative sentiment.

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

This Form 4 filing is a routine disclosure of a company insider's transactions in the company's stock, as required by the SEC. It provides transparency into the actions of company directors and officers.

Stakeholder Impact

  • The transaction provides transparency to shareholders regarding the director's stake in the company.

Key Dates

DateDescription
04/12/2024Date of transaction: Acquisition of deferred common stock units.
04/16/2024Date of report signature.

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