Form 4: AIG Director Peter R. Porrino Reports Acquisition of Deferred Stock Units

Director Peter R. Porrino reports the acquisition of 2,259 deferred stock units (DSUs) of American International Group, Inc. (AIG) as part of compensation for service as a non-employee director.

Summary

• Peter R. Porrino, a director of American International Group, Inc. (AIG), filed a Form 4 to report changes in beneficial ownership.
• On May 14, 2025, Porrino acquired 2,259 deferred stock units (DSUs) under the AIG 2021 Omnibus Incentive Plan as compensation for his service as a non-employee director.
• These 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, unless he elects to defer the vesting date.
• The report also reflects a total of 47,669 DSUs beneficially owned following the reported transaction, including those previously granted under the AIG 2013 Omnibus Incentive Plan and the 2021 Plan.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, indicating a neutral to slightly positive sentiment as it aligns director interests with company performance.

Positives

• The acquisition of DSUs reflects ongoing compensation for Porrino's service as a non-employee director, aligning his interests with the company's performance.

Future Outlook

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

Industry Context

This filing is a routine disclosure related to director compensation and aligns with standard practices for publicly traded companies.

Stakeholder Impact

• The acquisition of DSUs aligns the director's interests with those of shareholders, as the value of the DSUs is tied to the performance of AIG's common stock.

Key Dates

Keywords

AIG, deferred stock units, DSUs, Form 4, beneficial ownership, director compensation, Peter R. Porrino, American International Group