Alliant Energy Director Michael Dennis Garcia Acquires Deferred Stock Units
ALLIANT ENERGY CORP
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Filing Summary
Form 4 Alert: ALLIANT ENERGY CORP ($LNT) Insider: Garcia Michael Dennis (Director) Type: Acquisition (Award) | Security: Deferred Common Stock Units Shares: 926.348 @ $65.85 Total Value: $61,000.02 Post-Transaction Holdings: 27,924.431 units Significance: Low (Standard Director Compensation)
Comprehensive Analysis
Transaction Summary
On October 9, 2026, Alliant Energy Corp ($LNT) Director Michael Dennis Garcia acquired 926.348 Deferred Common Stock Units at an implied price of $65.85 per unit, representing a total transaction value of approximately $61,000.02. Following this award, Garcia holds 27,924.431 deferred stock units directly.
Filing Details
- Security: Deferred Common Stock Units convertible to Common Stock on a 1-for-1 basis.
- Settlement Terms: Units settle into common stock upon the director's termination of service.
- Transaction Code: Code 'A' indicating a grant, award, or other acquisition pursuant to Rule 16b-3 (standard non-employee director compensation).
- Additional Holdings Note: Reported total includes adjustments for accrued dividends under a dividend reinvestment program exempt under Rule 16a-11.
Market Impact & Significance
This filing reflects routine quarterly or annual equity compensation granted to a member of the Board of Directors. Because it is an automated or plan-based compensation award rather than an open-market purchase or sale, it carries Low predictive value for the company's near-term share price performance.
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