John L. Lahey - 23 Dec 2024 Form 4 Insider Report for Avangrid, Inc.

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
23 Dec 2024, 17:10:08 UTC
Prior SEC filing
16 Feb 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Elizabeth K. Riotte by Power of Attorney

Key filing fact

John L. Lahey filed Form 4 for Avangrid, Inc. on 23 Dec 2024.

Key facts

  • This page summarizes John L. Lahey's Form 4 filing for Avangrid, Inc..
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 23 Dec 2024, 17:10.

Change

  • Previous filing in this sequence was filed on 16 Feb 2022.
  • Current net transaction value: -$3,336,288.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

AGR transaction

Common Stock

Disposed to Issuer

Transaction value
$788,206
Shares
-22,048
Change %
-100%
Price
$35.75
Shares after
0
Date
23 Dec 2024
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

AGR transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value
$2,548,081
Shares
-71,275
Change %
-100%
Price
$35.75
Shares after
0
Date
23 Dec 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
71,275
Exercise price
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

John L. Lahey is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote F1

Disposed of pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of May 17, 2024, by and among the Issuer, Iberdrola, S.A., and Arizona Merger Sub, Inc., pursuant to which Arizona Merger Sub, Inc. merged with and into the Issuer with the Issuer continuing as the surviving corporation and a wholly-owned subsidiary of Iberdrola, S.A. in exchange for $35.75 (the per share merger consideration set forth in the Merger Agreement).

Footnote F2

Restricted stock units represent restricted shares granted to the reporting person and deferred under Avangrid's Deferred Compensation Plan ("DCP") and were cancelled pursuant to the Merger Agreement in exchange for cash equal to $35.75 multiplied by the number restricted stock units held by the reporting person in the DCP.

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