Form 4: Voya Financial Executive Heather H. Lavallee Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Heather H. Lavallee, a Voya Financial executive, filed a Form 4 disclosing changes in her beneficial ownership of company stock and derivative securities.
Summary
- On April 16, 2024, Heather H. Lavallee, President and CEO of Voya Financial, filed a Form 4 with the SEC.
- The filing reports changes in her beneficial ownership of Voya Financial securities.
- Lavallee directly owns 29,918 shares of Voya Financial common stock.
- She also holds derivative securities, including Deferred Savings Plan Issuer Stock Units representing 7.035 shares acquired on April 15, 2024, at a price of $67.52, bringing her total to 5,441.41 units.
- Additionally, she holds 181,431 Performance Stock Units and 89,688 Restricted Stock Units, both convertible to common stock based on performance factors.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, reflecting standard reporting requirements for insider transactions.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in company stock.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
- It helps stakeholders understand the alignment of management's interests with those of the company.
Key Dates
| Date | Description |
|---|---|
| 04/15/2024 | Transaction date for acquisition of Deferred Savings Plan Issuer Stock Units |
| 04/16/2024 | Date of Form 4 filing |
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