Ogle Trevor 4
Research Summary
AI-generated summary
Voya (VOYA) EVP Trevor Ogle Exercises Awards; Shares Withheld
What Happened Trevor Ogle, Executive Vice President and Chief Legal Officer of Voya Financial (VOYA), reported multiple derivative conversions and award-related share deliveries on Feb 17, 2026. The filing shows conversions/awards that resulted in 48,938 shares being delivered to Ogle (reported as exercise/conversion and grant/acquisition transactions at $0.00 per share). To satisfy tax withholding obligations, 4,906 shares were disposed (withheld) at $74.39 per share, generating proceeds of $364,957. These transactions were reported on a Form 4 filed Feb 19, 2026.
Key Details
- Transaction date: Feb 17, 2026; Form 4 filed Feb 19, 2026 (timely filing).
- Reported activity: mixture of exercise/conversion of derivatives (code M), grants/awards (code A), and tax withholding/disposition (code F).
- Quantities reported: 48,938 shares acquired through conversion/awards; 4,906 shares disposed/withheld for taxes (4,906 x $74.39 = $364,957).
- Price: $0.00 reported for the conversions/awards (reflects delivery on vesting/conversion, not an open-market purchase); withholding disposed at $74.39 per share.
- Footnotes: filing notes shares delivered without payment in connection with vesting (RSUs/PSUs); some awards are performance-based (PSUs) and other RSUs have multi-year vesting schedules. One footnote clarifies PSUs convert to common stock based on performance (possible 0%–150% payout), and RSUs vest over future dates per award agreements.
- Shares owned after the transactions: not specified in the summary filing excerpts provided.
Context
- These transactions appear to be compensation-related conversions/vestings rather than open-market purchases or discretionary sales. The $0.00 per-share entries and footnotes indicate delivery on vesting or conversion of restricted or performance stock units.
- The withholding of 4,906 shares to cover tax liabilities is a routine administrative step (not an open-market sale) often used when equity awards vest.
- No allegation of insider timing or motive should be inferred from these administrative compensation-related filings; they are standard for executive equity compensation.