Form 4: MetLife Executive Bill Pappas Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Bill Pappas, EVP at MetLife, reports a transaction involving common stock due to tax withholding on restricted stock units.
Summary
- On March 3, 2025, Bill Pappas, EVP of Global Technology & Operations at MetLife Inc., reported a change in beneficial ownership of MetLife common stock.
- The transaction involved the withholding of 4,465 shares of common stock at a price of $85.7 per share for tax purposes related to the issuance of restricted stock units.
- Following the transaction, Pappas directly owns 85,746 shares of MetLife common stock.
- Pappas also indirectly owns 11,682 shares through a 2023 GRAT and 20,270 shares through a 2024 GRAT.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding stock transactions, and does not contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies like MetLife.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it primarily reflects internal compensation adjustments for an executive.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Date of transaction (tax withholding of shares). |
| 03/05/2025 | Date of signature on the report. |
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