Form 4: AIG Director Linda A. Mills Reports Acquisition of Deferred Stock Units

Director Linda A. Mills reports the acquisition of deferred stock units (DSUs) related to previous awards under AIG's incentive plans.

Summary

• On July 1, 2024, Linda A. Mills, a director of American International Group, Inc. (AIG), acquired 207 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 end of the director's service on the Board, unless a deferral election is made.
• Following the reported transaction, Mills beneficially owns 38,739 DSUs.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing a routine transaction. It doesn't inherently convey 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 Form 4 filing is a routine disclosure of insider transactions, providing transparency into the holdings of company directors. It reflects ongoing compensation practices using deferred stock units, common in publicly traded companies.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves deferred compensation for a director.
• The disclosure provides transparency to shareholders regarding director compensation.

Key Dates