Form 4: AIG Director James Cole Jr. Reports Acquisition of Deferred Stock Units
SEC Form 4 Filing
Director James Cole Jr. reports acquiring additional deferred stock units (DSUs) in American International Group, Inc. (AIG) as dividend equivalents related to previous DSU awards.
Summary
- On April 1, 2025, James Cole Jr., a director of American International Group, Inc. (AIG), acquired 65 deferred stock units (DSUs).
- These DSUs represent dividend equivalent rights related to previously awarded DSUs under AIG's 2013 and 2021 Omnibus Incentive Plans.
- The DSUs will be settled in shares of AIG common stock on a 1-to-1 basis upon the director's service ending, unless the vesting date is deferred.
- Following the reported transaction, Cole beneficially owns 14,100 DSUs.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a routine transaction related to director compensation.
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 related to director compensation and holdings, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it relates to director compensation.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of transaction: Acquisition of deferred stock units. |
| 04/02/2025 | Date of signature for the SEC filing. |
Keywords
AIG, James Cole Jr., Director, Deferred Stock Units, DSUs, Dividend Equivalents, Beneficial Ownership, SEC Form 4, American International Group, Incentive Plans
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