Tressy Rachel 4
Research Summary
AI-generated summary
Voya (VOYA) EVP Tressy Rachel Receives Stock Award
What Happened
- Tressy Rachel, Executive Vice President and Chief Auditor of Voya Financial (VOYA), received shares from the vesting/conversion of restricted and performance stock units on Feb 17, 2026. The filing shows a total of 9,737 shares acquired that day (2,103 shares reported as exercises/conversions and 7,634 shares reported as awards/awarded conversions). To cover tax withholding, 1,069 shares were surrendered/withheld at an indicated value of $74.39 per share (totaling ~$79,523). Several derivative disposals of 452 and 1,651 shares are also listed with $0 proceeds in the filing.
Key Details
- Transaction date: Feb 17, 2026; Form 4 filed Feb 19, 2026 (appears timely).
- Acquisitions: 2,103 shares via exercise/conversion (reported at $0) + 7,634 shares via grants/award conversions = 9,737 shares acquired.
- Disposal for tax withholding: 1,069 shares @ $74.39 = $79,523 (code F).
- Additional derivative disposals: 452 and 1,651 shares recorded as exercise/conversion disposals at $0 (no cash proceeds reported).
- Shares owned after the transactions: not stated in this filing.
- Relevant transaction codes: A = award/grant, M = exercise/conversion of derivative, F = payment of tax liability (share withholding).
Context
- These transactions reflect compensation vesting/conversion (restricted stock units and performance stock units), not open-market purchases or sales. Footnotes state the delivered shares were awarded as compensation and delivered without cash payment on vesting; restricted stock units convert 1:1 on vesting and performance units convert based on achievement (possible payout range 0%–150% and a specified vesting date of Feb 20, 2029 for performance units).
- The 1,069-share disposition is a tax-withholding event (common when equity awards vest); such withholdings are routine and do not necessarily indicate buying or selling intent.