Form 4: AIG Director John G. Rice Reports Acquisition of Deferred Stock Units

Director John G. Rice reports acquisition of deferred stock units related to previous awards under AIG's 2021 Omnibus Incentive Plan.

Summary

• On July 1, 2024, John G. Rice, a director of American International Group, Inc. (AIG), acquired 63 deferred stock units (DSUs).
• These DSUs represent dividend equivalent rights related to previously awarded DSUs under AIG'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 on the last trading day of the month in which the director's service on the Board ends, unless the director has elected to defer the vesting date.
• Following the reported transaction, Rice beneficially owns 11,912 DSUs.

Sentiment

Score: 5

Explanation: This is a neutral report on a routine transaction. It doesn't indicate positive or negative 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 at publicly traded companies.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it involves a small number of deferred stock units granted to a director.

Key Dates