DURIAN ROBERT J 4
Research Summary
AI-generated summary
Alliant Energy (LNT) CFO Robert J. Durian Receives RSUs; Shares Withheld
What Happened
Robert J. Durian, Executive Vice President and Chief Financial Officer of Alliant Energy (LNT), received equity awards and had shares withheld to cover tax obligations on Feb 19, 2026. He was granted two awards totaling 33,832 shares (27,882 + 5,950) recorded as acquisitions at $0 (A). Separately, 16,630 shares were reported as disposed under code F (tax withholding) at $70.01 per share, producing proceeds (withheld value) of $1,164,266.
Key Details
- Transaction date: February 19, 2026 (Form 4 filed Feb 23, 2026). Filing appears to be within the usual 2-business-day window.
- Awards: 27,882 shares (A) and 5,950 shares (A) recorded at $0 — these are RSUs (footnote F2) that convert 1:1 to common stock when vested (vesting date: Dec 31, 2028).
- Tax withholding: 16,630 shares (F) disposed at $70.01 each for $1,164,266 — this represents shares surrendered/withheld to satisfy tax liability, not an open-market sale.
- Footnotes: F1 notes adjustments for accrued dividends via a dividend reinvestment transaction exempt under Rule 16a-11; F2 clarifies the awards are RSUs vesting 12/31/2028; F3 references 401(k) holdings as of the filing date.
- Shares owned after the transaction: not specified in the information provided on the Form 4 excerpt.
Context
- The A code means an award/grant (RSUs). The F code indicates shares were used to pay taxes (share withholding), a common practice when equity awards are granted or vest.
- Because the RSUs have a multi-year vesting date (12/31/2028), the grant is a long-term compensation award rather than an immediate purchase of tradable shares. The withheld shares reduce the net number of shares the insider ultimately receives.
- These actions are routine compensation and tax-withholding transactions and should not be interpreted alone as a bullish or bearish signal.