Kennard William E 4
Research Summary
AI-generated summary
MetLife (MET) Director William E. Kennard Receives Award of 587 Shares
What Happened
- William E. Kennard, a non-management director of MetLife, received 587 shares of MetLife common stock on 2026-06-16 at $87.40 per share, valued at $51,304. The transaction is reported as an award/grant (code A) and represents compensation rather than an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-06-16; 587 shares at $87.40/share (total ~$51,304).
- Transaction type/code: Award/other acquisition (A).
- Shares owned after transaction: Not disclosed in the information provided in this summary.
- Footnote F1: Director retainer fees are paid partly in MetLife stock; Kennard elected to defer receipt under the MetLife Deferred Compensation Plan for Non-Management Directors.
- Footnote F2: The filing also references shares held in the MetLife Policyholder Trust, which holds shares allocated to eligible policyholders of a MetLife subsidiary.
- Filing timeliness: Report filed 2026-06-18 for a 2026-06-16 transaction — no indication in the filing that it was late.
Context
- This was a compensation award (stock issued as part of director pay) and was deferred into a director deferred compensation plan per the filing. Such awards reflect routine director compensation and are not the same signal as an open-market purchase by an insider.