Form 4: AIG Director Bergamaschi Receives Dividend Equivalent Rights in Deferred Stock Units
SEC Form 4 Filing
Paola Bergamaschi, a director at American International Group, Inc. (AIG), received dividend equivalent rights in the form of deferred stock units (DSUs) on July 1, 2024.
Summary
- Paola Bergamaschi, a director at American International Group, Inc. (AIG), reported a transaction on July 1, 2024, involving dividend equivalent rights in the form of deferred stock units (DSUs).
- The transaction involved the acquisition of 39 DSUs related to previously awarded DSUs under the AIG 2021 Omnibus Incentive Plan.
- These DSUs, along with the underlying previously awarded DSUs, will be settled in shares of AIG common stock on a 1-to-1 basis upon the director's service end date, unless deferred.
- Following the reported transaction, Bergamaschi beneficially owns 7,313 DSUs.
Sentiment
Score: 7
Explanation: The document is a neutral regulatory filing detailing a routine transaction. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Future Outlook
The 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
This Form 4 filing is a routine disclosure related to director compensation and equity ownership, common among publicly traded companies like AIG.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it relates to director compensation.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of transaction: acquisition of deferred stock units. |
| 07/02/2024 | Date of signature on the Form 4 filing. |
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