Form 4: Voya Financial Executive Lavallee Reports Changes in Beneficial Ownership

Heather H. Lavallee, a Voya Financial executive, filed a Form 4 detailing changes in her beneficial ownership of the company's securities.

Summary

• On October 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 5,581.431 Deferred Savings Plan Issuer Stock Units, 181,431 Performance Stock Units, and 89,688 Restricted Stock Units.
• The Deferred Savings Plan Issuer Stock Units represent the right to receive the cash value of one share of Voya Financial common stock upon separation from the company.
• The Performance Stock Units and Restricted Stock Units were awarded as compensation and will convert to common stock based on the achievement of certain performance factors.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Future Outlook

The performance and restricted stock units will convert to common stock based on the achievement of certain performance factors, indicating potential future increases in Lavallee's common stock holdings.

Management Comments

• President and CEO Heather H. Lavallee reported the changes in beneficial ownership.

Industry Context

Form 4 filings are standard practice for corporate insiders to report changes in their ownership of company securities, providing transparency to investors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership of company securities by a key executive.

Key Dates