Curtis Monica M 4
Research Summary
AI-generated summary
MetLife (MET) EVP & CLO Monica M. Curtis Receives 8,384 Shares
What Happened
- Monica M. Curtis, EVP & Chief Legal Officer of MetLife, was granted/received a total of 8,384 shares on 2026-02-24 (two awards: 7,964 and 420 shares). Separately, 237 shares were withheld to satisfy tax withholding, a disposition valued at $17,856 (237 shares × $75.34).
- Net effect: Curtis acquired 8,147 shares (8,384 awarded minus 237 withheld). The awards were compensation-related, not open-market purchases or sales.
Key Details
- Transaction date: 2026-02-24; Form 4 filed 2026-02-26 (timely; within the usual two-business-day window).
- Award details:
- 7,964 shares — performance share payout for the 2023–2025 period (footnote F2).
- 420 shares — restricted stock unit (RSU) award under the MetLife, Inc. 2025 Stock and Incentive Compensation Plan (footnote F1).
- Tax withholding: 237 shares were withheld to satisfy tax obligations on the payout (footnote F3); withholding price used = $75.34; total value = $17,856.
- Shares owned after the transaction: not specified in the supplied filing details.
- Transaction codes: A = Award/Acquisition; F = Tax withholding (disposition of shares to cover taxes).
Context
- These transactions are compensation-related awards and a routine tax-withholding disposition, common when companies pay RSUs or performance shares. Such awards reflect company compensation practices rather than an insider open-market buy or sell.