Form 4: AIG Director John G. Rice Reports Acquisition of Deferred Stock Units
SEC Form 4 Filing
Director John G. Rice reports the acquisition of additional deferred stock units (DSUs) related to previous awards under AIG's 2021 Omnibus Incentive Plan.
Summary
- On April 1, 2025, John G. Rice, a director of American International Group, Inc. (AIG), acquired 56 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 end of the director's board service, unless the director has elected to defer the vesting date.
- Following the reported transaction, Rice beneficially owns 12,100 DSUs.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, neither inherently positive nor negative. It reflects routine compensation practices.
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
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates ongoing compensation in the form of deferred stock units for a non-employee director.
Stakeholder Impact
- The acquisition of DSUs by a director signals continued alignment of interests between the director and shareholders.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of transaction: Acquisition of 56 deferred stock units. |
| 04/02/2025 | Date of report filing. |
Keywords
AIG, John G. Rice, Director, Deferred Stock Units, DSUs, Dividend Equivalent Rights, 2021 Omnibus Incentive Plan, Beneficial Ownership, Form 4
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