Santhosh Keshavan - 16 Sep 2024 Form 4 Insider Report for Voya Financial, Inc. (VOYA)

Role
Executive Vice President, Chief Information Security Officer
Signature
/s/ My Chi To, Attorney-in-Fact
Issuer symbol
VOYA
Transactions as of
16 Sep 2024
Net transactions value
-$356,288
Form type
4
Filing time
17 Sep 2024, 16:05:42 UTC
Previous filing
12 Sep 2024
Next filing
20 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VOYA Common Stock Sale $178,144 -2,344 -11% $76.00 18,498 16 Sep 2024 Direct F1
transaction VOYA Common Stock Sale $178,144 -2,344 -13% $76.00 16,154 16 Sep 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding VOYA Performance Stock Unit 44,940 16 Sep 2024 Common Stock 44,940 Direct F2
holding VOYA Restricted Stock Units 21,456 16 Sep 2024 Common Stock 21,456 Direct F3
holding VOYA Performance-Based Stock Options 35,587 16 Sep 2024 Common Stock 35,587 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 7, 2024.
F2 The performance stock units were awarded as compensation and will convert to common stock based on the achievement of certain performance factors.
F3 The restricted stock units were awarded as compensation and will convert to common stock based on the achievement of certain performance factors.
F4 The options vest based on the conditions set forth in their respective agreements.

Remarks:

Executive Vice President, Chief Information Security Officer