Form 4: AIG Director Peter R. Porrino Reports Changes in Beneficial Ownership

Director Peter R. Porrino reports acquisition of deferred stock units in American International Group, Inc. related to director compensation and dividend equivalent rights.

Summary

• On April 1, 2025, Peter R. Porrino, a director of American International Group, Inc. (AIG), acquired deferred stock units (DSUs) as part of his annual compensation for service as a non-employee director.
• He received 475 DSUs under the 2021 Omnibus Incentive Plan, which will be settled in AIG common stock on a 1-to-1 basis when his board service ends, unless he defers the vesting date.
• Additionally, he acquired 209 DSUs representing dividend equivalent rights related to previously awarded DSUs.
• Following these transactions, Porrino directly owns 45,410 DSUs.

Sentiment

Score: 7

Explanation: The sentiment is neutral as it reflects a standard transaction related to director compensation. There are no indications of positive or negative implications for the company's performance.

Future Outlook

The deferred stock units will be settled in shares of AIG common stock 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 filing is a routine disclosure related to director compensation, which is a common practice in publicly traded companies. It provides transparency regarding the alignment of director interests with shareholder value through equity-based compensation.

Key Dates

Keywords

AIG, Director Compensation, Deferred Stock Units, Beneficial Ownership, Form 4, Peter R. Porrino, Dividend Equivalent Rights