HUBBARD ROBERT GLENN 4
Research Summary
AI-generated summary
MetLife (MET) Director Robert Hubbard Receives 1,248-Share Award
What Happened
Robert Glenn Hubbard, a non-management director of MetLife, received an award of 1,248 shares on April 1, 2026. The shares were valued at $71.17 each for a total of $88,820. This transaction is listed as an acquisition (award) under the company's director compensation program rather than an open-market purchase.
Key Details
- Transaction date: 2026-04-01; Form 4 filed: 2026-04-03 (timely filing).
- Type: Award/Acquisition (code A) — 1,248 shares acquired at $71.17 per share (total $88,820).
- Shares owned after transaction: not specified in the filing.
- Footnote: The shares represent part of MetLife’s non-management director retainer paid in common stock; the director elected to defer receipt under the MetLife Deferred Compensation Plan for Non-Management Directors.
- Not a sale or option exercise; this is compensation-related stock issuance, not a market purchase.
Context
Awards of stock to non-management directors are a routine form of retainer compensation and do not necessarily reflect the director's view on the company's near-term stock performance. Because the director elected to defer receipt, the shares were issued under the company’s deferred compensation plan.