Form 4: AIG Director Vanessa Wittman Reports Acquisition of Deferred Stock Units

Director Vanessa Wittman reports the acquisition of deferred stock units (DSUs) in American International Group, Inc. (AIG) as part of her compensation.

Summary

• Vanessa Wittman, a director at American International Group, Inc. (AIG), reported the acquisition of 2,259 deferred stock units (DSUs) on May 14, 2025.
• These DSUs were granted under the 2021 Omnibus Incentive Plan as part of her compensation for serving as a non-employee director.
• The DSUs will vest without any cash consideration or conditions and will be settled in shares of AIG common stock on a 1-to-1 basis upon the end of her service on the AIG Board, unless she 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 reported transaction, Wittman beneficially owns 8,915 DSUs previously granted pursuant to the 2021 Plan.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing indicating standard compensation practices. It doesn't contain any particularly positive or negative news, but the alignment of director interests with shareholders is generally viewed favorably.

Positives

• The acquisition of DSUs aligns the director's interests with those of the shareholders.
• The vesting of DSUs upon the end of board service encourages long-term commitment.

Future Outlook

The DSUs will be settled in shares of AIG common stock upon the end of the director's service on the AIG Board, 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 executive compensation in the financial services industry, similar to practices at companies like Goldman Sachs and JP Morgan Chase.
• The vesting terms, tied to the director's service on the board, are also standard practice to ensure long-term commitment.

Stakeholder Impact

• The acquisition of DSUs by a director can positively impact shareholders by aligning management's interests with the company's long-term success.

Key Dates

Keywords

AIG, deferred stock units, DSUs, director compensation, Vanessa Wittman, Form 4, beneficial ownership, 2021 Omnibus Incentive Plan