Form 4: AIG Director Acquires 43 Dividend Equivalent DSUs

AIG Director James J. Dunne III acquired 43 deferred stock units as dividend equivalent rights, increasing his beneficial ownership to 7,756 DSUs.

Summary

• James J. Dunne III, a Director of American International Group, Inc. (AIG), reported an acquisition of 43 Deferred Stock Units (DSUs).
• The transaction occurred on October 1, 2025, and was executed under a Rule 10b5-1 plan.
• These DSUs represent dividend equivalent rights related to previously awarded DSUs under the AIG 2021 Omnibus Incentive Plan.
• The DSUs will be settled in AIG common stock on a 1-to-1 basis upon the director's termination of service, unless a deferral election is made.
• Following this transaction, Mr. Dunne beneficially owns a total of 7,756 DSUs.

Sentiment

Score: 7

Explanation: The acquisition of dividend equivalent rights by a director, executed under a Rule 10b5-1 plan, indicates continued alignment of management interests with shareholders and is a standard component of non-employee director compensation.

Positives

• The acquisition of 43 Deferred Stock Units (DSUs) as dividend equivalent rights demonstrates continued alignment of Director James J. Dunne III's interests with those of shareholders.
• The transaction was made pursuant to a Rule 10b5-1 plan, indicating a pre-arranged, systematic approach to equity compensation and ownership.

Future Outlook

The acquired Deferred Stock Units (DSUs) will be settled in shares of AIG common stock on a 1-to-1 basis on the last trading day of the month in which the director's service on the Board of Directors ends, unless the director has elected to defer the vesting date.

Industry Context

NA

Corporate Governance

Stakeholder Impact

• Shareholders: The director's continued accumulation of equity, even through dividend equivalents, aligns their interests with long-term shareholder value.

Next Steps

• Settlement of Deferred Stock Units (DSUs) in AIG common stock upon the director's termination of service, unless a deferral election is made.

Key Dates

Recommendation

This Form 4 reports a routine acquisition of dividend equivalent rights by a director, which is a positive sign of alignment but not a material event that would typically warrant a change in an investment thesis or a strong buy/sell recommendation. It confirms ongoing director compensation and alignment with shareholder interests.

Keywords

AIG, American International Group, James J. Dunne III, Director, Form 4, SEC filing, Deferred Stock Units, DSU, insider transaction, equity compensation, dividend equivalent rights