Form 4: MetLife Director Jeh C. Johnson Acquires Shares Under Deferred Compensation Plan
SEC Form 4
Director Jeh C. Johnson acquired 594 shares of MetLife common stock on April 1, 2024, under the company's deferred compensation plan for non-management directors.
Summary
- On April 1, 2024, Jeh C. Johnson, a director of MetLife, Inc., acquired 594 shares of common stock.
- The acquisition was made under MetLife's Deferred Compensation Plan for Non-Management Directors.
- The price per share was $73.69.
- Following the transaction, Johnson directly owns 3,812 shares of MetLife common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It reflects a routine transaction related to director compensation. There is no indication of significant positive or negative news.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future performance.
Industry Context
Directors receiving stock as part of their compensation is a common practice in publicly traded companies. Deferred compensation plans are often used to align the interests of directors with those of long-term shareholders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is part of a pre-existing compensation arrangement.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of transaction: Jeh C. Johnson acquired 594 shares of MetLife common stock. |
| 04/03/2024 | Date of signature: Timothy J. Ring, Authorized Signer, signed the Form 4. |
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