Garcia Michael Dennis 4
Research Summary
AI-generated summary
Alliant Energy Director Michael D. Garcia Receives Award
What Happened
- Michael D. Garcia, a director of Alliant Energy Corp. (LNT), received a grant of 837.696 deferred share units on July 10, 2026. The units are recorded at $76.40 each, representing a total value of approximately $64,000. This was an award (non-cash compensation), not an open-market purchase or sale.
Key Details
- Transaction date and price: July 10, 2026 — 837.696 units at $76.40 per unit (total ≈ $64,000).
- Shares owned after transaction: not specified in the Form 4 filing.
- Footnotes: F1 — units will be settled in common stock when the director’s service terminates; F2 — amount includes adjustments for accrued dividends under a dividend reinvestment transaction exempt under Rule 16a-11.
- Filing date: Form 4 was filed July 14, 2026 (the filing shows the grant date as July 10).
Context
- This was a deferred equity award (derivative units) as part of director compensation. Such awards are routine compensation and are not the same as an insider buying shares in the open market; the units will convert to shares later per the filing’s footnote.