Sundararajan Raja 4
Research Summary
AI-generated summary
Alliant Energy (LNT) EVP Sundararajan Raja Receives RSU Award
What Happened
Sundararajan Raja, Executive Vice President of Alliant Energy (LNT), received equity awards (RSUs) on Feb 19, 2026 totaling 27,552 restricted stock units (18,768 + 8,784). On the same date, 11,324 shares were disposed to satisfy tax withholding obligations at $70.01 per share, generating approximately $792,793. These transactions reflect an award/grant with accompanying tax-related share disposition, not an open‑market investment purchase or sale.
Key Details
- Transaction date: 2026-02-19; Form 4 filed 2026-02-23 (filing appears timely).
- Awards: 18,768 RSUs and 8,784 RSUs granted (total 27,552 RSUs) at $0.00 acquisition price (code A).
- Tax withholding/disposition: 11,324 shares disposed at $70.01 each, total ~$792,793 (code F).
- Footnote: RSUs convert to common stock on a one-for-one basis when vested; vesting date is December 31, 2028.
- Shares owned after the transaction: not disclosed in the provided filing extract.
- Transaction codes: A = award/grant; F = payment of exercise price or tax liability (shares used to satisfy tax withholding).
Context
This filing documents an equity award (RSUs) with shares delivered/retired to cover taxes. For retail investors, award grants increase potential future share holdings once vested, while the F-code disposition indicates shares were surrendered for tax obligations rather than an open‑market sale expressing a view on the stock.