McCallion John D. 4
Research Summary
AI-generated summary
MetLife CFO John McCallion Receives Awards, Withholds Shares
What Happened
- John D. McCallion, Chief Financial Officer of MetLife, received two stock awards on Feb 24, 2026: 23,892 restricted stock units (RSUs) and 26,934 shares from a performance share payout (total 50,826 shares). Awarded shares have no purchase price (awards, not open-market purchases).
- As part of the payout, 13,776 shares were withheld to satisfy tax withholding at a disposition price of $75.34 per share, totaling $1,037,884. The withheld shares are reported as a disposition (tax withholding), not an open‑market sale.
Key Details
- Transaction date: 2026-02-24; Form 4 filed 2026-02-26 (timely filing).
- Awards: 23,892 RSUs under the MetLife, Inc. 2025 Stock and Incentive Compensation Plan (F1); 26,934 shares from the 2023–2025 performance share payout under the 2015 plan (F2).
- Tax withholding: 13,776 shares withheld to satisfy tax obligations on the performance share payout; withheld at $75.34 per share for $1,037,884 (F3).
- Considered acquisitions: the awards are coded as "A" (awards/grants); the withholding is coded "F" (tax withholding).
- Shares owned following the transaction: not specified in the filing.
Context
- This activity reflects receipt of equity compensation and routine share withholding to cover taxes, not an open‑market sale or purchase. For retail investors, awards and withholding are common executive-compensation events and do not necessarily indicate buying or selling convictions.