Newport Roger K 4
Research Summary
AI-generated summary
Alliant Energy (LNT) Director Roger K. Newport Receives Award
What Happened
- Roger K. Newport, a director of Alliant Energy Corp (LNT), was granted a derivative award on 2026-07-10 of 736.257 units priced at $76.40 each, with a total reported value of $56,250. The transaction is reported as an award/grant (code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-07-10; filing date: 2026-07-14 (filed within the typical two business‑day Form 4 window).
- Grant size: 736.257 units at $76.40 per unit; total reported value $56,250.
- Nature of award: Derivative units to be settled in common shares upon the reporting person’s termination of services as a director (Footnote F1).
- Additional note: Amounts include adjustments for accrued dividends under a dividend reinvestment arrangement exempt from Section 16 (Footnote F2).
- Shares owned after transaction: Not specified in the filing.
Context
- This is a compensation/retention-style derivative award that will convert into actual shares only upon Newport’s departure from the board, so it is not an immediate market purchase or sale. Such grants are common for non-employee directors and reflect compensation rather than a direct bullish market trade.