Form 4: AIG Director Vanessa Wittman Reports Acquisition of Dividend Equivalent Rights

Director Vanessa Wittman reports acquisition of dividend equivalent rights in AIG deferred stock units.

Summary

• Vanessa Wittman, a director at American International Group, Inc. (AIG), filed a Form 4 on April 2, 2025, reporting a transaction that occurred on April 1, 2025.
• The transaction involved the acquisition of 31 deferred stock units (DSUs) representing dividend equivalent rights related to previously awarded DSUs under AIG's 2021 Omnibus Incentive Plan.
• These DSUs will be settled in shares of AIG common stock on a 1-to-1 basis upon the director's service end date, unless deferred.
• Following the reported transaction, Wittman beneficially owns 6,656 DSUs.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, and the transaction itself is a standard part of director compensation. Therefore, the sentiment is neutral.

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

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, ensuring fair market practices.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves the acquisition of dividend equivalent rights by a director, which is part of their compensation package.

Key Dates

Keywords

Form 4, AIG, Vanessa Wittman, Director, Deferred Stock Units, Dividend Equivalent Rights, Beneficial Ownership, 2021 Omnibus Incentive Plan