4Filed Jul 13, 8:00 PM ET
Alliant Energy (LNT) Director Ignacio Cortina Receives Award
$LNT · ALLIANT ENERGY CORPResearch Summary
AI-generated summary of this SEC filing
Alliant Energy (LNT) Director Ignacio Cortina Receives Award
What Happened
Ignacio A. Cortina, a director of Alliant Energy Corp (LNT), was granted 638.089 derivative units on July 10, 2026. The grant is reported at an acquisition price of $76.40 per unit for a total reported value of $48,750. This transaction is an award/acquisition (not an open-market purchase or sale) and reflects director compensation rather than a direct market bet.
Key Details
- Transaction type: Award/Grant (code A) of derivative units
- Date of transaction: 2026-07-10; Form 4 filed 2026-07-14 (filed within the SEC’s two-business-day window)
- Units and valuation: 638.089 units × $76.40 = $48,750 (reported as derivative)
- Shares owned after transaction: not specified in the provided filing
- Footnotes:
- F1: Units will be settled in shares of common stock upon the reporting person’s termination of services as a director (deferred settlement).
- F2: Includes adjustments for accrued dividends pursuant to a dividend reinvestment transaction exempt under Rule 16a-11.
Context
These are deferred/share-settling units typically used for director compensation and do not represent an immediate purchase of tradable shares. Because the units settle into shares on termination of service, they are a long-term, non-cash award rather than a routine open-market buy or sell.