Form 4: AIG Director Juan R. Perez Reports Acquisition of Deferred Stock Units

Director Juan R. Perez reports the acquisition of deferred stock units (DSUs) in American International Group, Inc. (AIG) as part of compensation for service as a non-employee director.

Summary

• On May 14, 2025, Juan R. Perez, a director of American International Group, Inc. (AIG), reported the acquisition of 2,259 deferred stock units (DSUs).
• These DSUs were granted under the AIG 2021 Omnibus Incentive Plan as compensation for his service as a non-employee director.
• The DSUs will vest and be settled in shares of AIG common stock on a 1-to-1 basis upon the end of his service on the AIG Board of Directors, unless he elects to defer the vesting date.
• The award includes dividend equivalent rights that accrue during the vesting period in the form of DSUs.
• Following the transaction, Perez beneficially owns 2,833 DSUs.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing regarding director compensation. It doesn't contain any particularly positive or negative information, but the granting of equity aligns director interests with shareholders, which is generally viewed favorably.

Positives

• The acquisition of DSUs aligns the director's interests with those of the shareholders, as the value of the DSUs is tied to the performance of AIG's common stock.
• The dividend equivalent rights provide additional compensation to the director during the vesting period.

Future Outlook

The DSUs will vest and be settled in shares of AIG common stock upon the end of the director's service on the AIG Board of Directors, unless the director has elected to defer the vesting date.

Industry Context

This filing is a routine disclosure of a director's compensation in the form of deferred stock units, which is a common practice among publicly traded companies to align the interests of directors with those of shareholders.

Comparison to Industry Standards

• Deferred stock units are a common form of equity compensation for non-employee directors in publicly traded companies.
• Companies like Berkshire Hathaway, JP Morgan Chase, and Goldman Sachs also use similar equity-based compensation plans for their directors.
• The vesting schedules and terms of these plans vary, but the underlying principle is to incentivize directors to act in the best interests of the company's shareholders.

Stakeholder Impact

• The granting of DSUs to the director aligns their interests with those of the shareholders, potentially leading to better corporate governance and decision-making.
• Employees may view the equity compensation positively, as it demonstrates a commitment to aligning the interests of management with the company's performance.

Key Dates

Keywords

AIG, deferred stock units, DSUs, director compensation, Form 4, Juan R. Perez, American International Group, 2021 Omnibus Incentive Plan