Form 4: AIG Director Linda Mills Acquires Deferred Stock Units

AIG Director Linda A. Mills acquired 2,441 deferred stock units as part of her non-employee director compensation.

Summary

• Linda A. Mills, a Director at American International Group, Inc. (AIG), acquired 2,441 deferred stock units (DSUs) on May 13, 2026.
• These DSUs were awarded as compensation for her services as a non-employee director.
• 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 her service on the Board of Directors ends, unless she elects to defer the vesting date.
• The award includes dividend equivalent rights that accrue during the vesting period in the form of additional DSUs.
• Following this transaction, Ms. Mills beneficially owns a total of 47,344 DSUs.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard compensation award to a director rather than a significant strategic or financial event.

Positives

• Director compensation awarded in company stock aligns management interests with shareholders.
• The acquisition of DSUs indicates continued commitment and participation by a board member.
• Dividend equivalent rights provide potential for increased value over the vesting period.

Risks

• The value of the DSUs is subject to the future performance and stock price of AIG.
• Potential for deferred vesting could delay the realization of value for the director.

Future Outlook

The deferred stock units will settle in 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. Dividend equivalent rights will accrue during the vesting period.

Industry Context

StockSavvy.ai notes that the use of deferred stock units for director compensation is a common practice in the financial services industry, aiming to retain experienced board members and align their incentives with long-term shareholder value.

Stakeholder Impact

• Shareholders: The issuance of stock for compensation dilutes existing share ownership slightly, but aligns director incentives with long-term company performance.
• Employees: No direct impact.
• Customers: No direct impact.
• Suppliers: No direct impact.
• Creditors: No direct impact.

Next Steps

• Settlement of deferred stock units in AIG common stock upon the end of the director's service on the Board of Directors, or upon a deferred vesting date if elected.
• Accrual of dividend equivalent rights in the form of additional DSUs during the vesting period.

Key Dates

Keywords

AIG, Deferred Stock Units, Director Compensation, Form 4, Insider Transaction, Equity Award, Beneficial Ownership