Form 4: Voya Financial Executive To My Chi Reports Stock Transactions
SEC Form 4
To My Chi, an executive at Voya Financial, reported the acquisition and disposal of Voya Financial common stock and derivative securities.
Summary
- On February 18, 2025, To My Chi, Executive Vice President, Chief Legal Officer and Corporate Secretary of Voya Financial, reported transactions involving Voya Financial common stock and derivative securities.
- The transactions included the acquisition of 5,696 shares of common stock upon vesting of restricted stock units, the disposal of 3,213 shares for $75.67 each, and the acquisition of 9,090 performance stock units and 8,028 restricted stock units.
- Following these transactions, To My Chi beneficially owns 8,155 shares of common stock, 30,165 performance stock units, and 26,174 restricted stock units.
- The performance stock units will vest on February 15, 2028, with the number of shares delivered ranging from 0% to 150% of the presented number based on performance factors.
- The restricted stock units will vest in three equal installments on February 17, 2026, February 16, 2027, and February 18, 2025.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Future Outlook
The number of shares of common stock that will be delivered for each performance stock unit depends on the achievement of certain performance factors, with the number of common stock delivered upon the vesting date (February 15, 2028) ranging from 0% to 150% of the number presented.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company executive, which is common practice in publicly traded companies to ensure transparency and compliance with securities regulations.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in beneficial ownership of company stock.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of earliest transaction and acquisition/disposal of securities. |
| 02/20/2025 | Date of signature for the Form 4 filing. |
| 02/17/2026 | First vesting date for 1/3 of the restricted stock units. |
| 02/16/2027 | Second vesting date for 1/3 of the restricted stock units. |
| 02/15/2028 | Vesting date for performance stock units. |
Keywords
Voya Financial, To My Chi, stock transactions, Form 4, performance stock units, restricted stock units, beneficial ownership, executive compensation
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