Form 4: AFG Director Thompson Sells Shares for Tax

American Financial Group Director David L. Thompson Jr. reported a disposition of 1,098 common shares to cover tax liabilities.

Summary

• David Lawrence Thompson Jr., a Director and President of a Subsidiary of American Financial Group Inc. (AFG), reported a transaction.
• The transaction occurred on February 23, 2026, and involved the disposition of 1,098 shares of Common Stock.
• The shares were disposed of at a price of $129.8475 per share, under transaction code 'F', indicating payment of tax liability by withholding securities.
• Following this transaction, Mr. Thompson beneficially owns 590,241.586 shares directly and indirectly.
• Additionally, 357,044 shares are held indirectly by trusts for which Mr. Thompson has voting and dispositive power, and 29,750.258 shares are held indirectly as custodian for minor children.
• The total shares reported include dividend shares held as of December 22, 2025.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the disposition of shares is a routine transaction for tax withholding purposes and does not reflect a discretionary sale or change in investment sentiment.

Industry Context

StockSavvy.ai notes that insider transactions, particularly those coded 'F' for tax withholding, are routine events for executives receiving equity compensation and are generally not indicative of broader industry trends or a change in the company's operational outlook.

Related Party Transactions

• Shares are held in trusts for the benefit of members of the reporting person's family, where the reporting person or their spouse serves as trustee.
• Shares are held in trusts for which the reporting person has voting and dispositive power, with beneficial ownership disclaimed except to the extent of the pecuniary interest held by their family.

Key Dates

Recommendation

The reported transaction is a non-discretionary disposition of shares to cover tax liabilities, which is a routine event for executives. It does not indicate a change in the company's fundamentals or the insider's long-term view, thus a 'hold' recommendation is appropriate.

Keywords

American Financial Group, AFG, Form 4, insider transaction, share disposition, tax withholding, David Thompson