Form 4: AIG Director Diana M. Murphy Reports Acquisition of Deferred Stock Units
SEC Form 4 Filing
Director Diana M. Murphy reports acquisition of deferred stock units related to previous awards under AIG's 2021 Omnibus Incentive Plan.
Summary
- On July 1, 2024, Diana M. Murphy, a director of American International Group, Inc. (AIG), acquired 34 deferred stock units (DSUs).
- These DSUs represent dividend equivalent rights related to previously awarded DSUs under the company's 2021 Omnibus Incentive Plan.
- The 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, Murphy beneficially owns 6,553 DSUs.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding stock ownership, indicating a neutral sentiment.
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 filing is a routine disclosure of a director's acquisition of deferred stock units, a common form of compensation for non-employee directors in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of transaction: Acquisition of 34 deferred stock units. |
| 07/02/2024 | Date of signature on the Form 4 filing. |
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