Butler Yvette S. 4
Research Summary
AI-generated summary
Voya (VOYA) Director Yvette Butler Receives RSUs Worth $170K
What Happened
- Yvette S. Butler, a director of Voya Financial, received a grant of 2,062 restricted stock units (RSUs) on May 21, 2026 at a per-unit value of $82.42, totaling $169,950 (transaction code A = award/grant). On the same date there are two related derivative entries (transaction code M) showing conversion/exercise of 2,547 derivative units at $0.00 (acquired) and a corresponding disposition of 2,547 derivative units at $0.00. The award is an acquisition (grant) rather than an open‑market purchase.
Key Details
- Transaction date: May 21, 2026.
- Award: 2,062 RSUs @ $82.42 = $169,950 (code A).
- Derivative entries: 2,547 units acquired and 2,547 units disposed at $0.00 (code M); these are recorded as exercises/conversions of derivatives.
- Shares owned after the transactions: not disclosed in the provided filing data.
- Footnotes: F1 — each stock unit is a conditional right to one share; F2 — RSUs vest per award agreements; F3 — 100% of these RSUs vest at 11:59pm ET on the date of Voya’s 2027 Annual Meeting of Shareholders.
- Filing timeliness: Report filed May 26, 2026 for transactions on May 21, 2026 (no late‑filing flag indicated).
Context
- Transaction codes: M = exercise/conversion of derivative (e.g., option/unit conversion); A = award/grant (RSUs). The M entries record derivative activity at $0.00 (no cash paid), while the A entry is a standard director RSU grant valued at about $170k. RSU awards are common director compensation and will fully vest on the company’s 2027 annual meeting date per the footnote.