Form 4: MetLife Director Laura J. Hay Reports Stock Acquisition and Disposal
SEC Form 4 Filing
Director Laura J. Hay reports acquiring and disposing of 237 shares of MetLife common stock on February 27, 2024, due to deferred compensation arrangements.
Summary
- On February 27, 2024, Laura J. Hay, a director at MetLife, Inc., engaged in a transaction involving the company's common stock.
- Hay acquired 237 shares of MetLife common stock at a price of $69.16 per share.
- Simultaneously, Hay disposed of 237 shares.
- These transactions are related to MetLife's non-management director compensation arrangements, where a portion of retainer fees are paid in MetLife common stock.
- Hay elected to defer receipt of these shares under the MetLife Deferred Compensation Plan for Non-Management Directors.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine transaction related to director compensation.
Industry Context
This filing is a routine disclosure related to director compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has minimal direct impact on stakeholders as it relates to director compensation.
Key Dates
| Date | Description |
|---|---|
| 02/27/2024 | Date of transaction: Acquisition and disposal of MetLife common stock. |
| 02/28/2024 | Date of signature on the report. |
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