Form 4: AIG Director Wittman Acquires 51 DSUs

AIG Director Vanessa Ames Wittman acquired 51 deferred stock units as dividend equivalent rights, increasing her total beneficial ownership to 9,012 DSUs.

Summary

• Vanessa Ames Wittman, a Director of American International Group, Inc. (AIG), acquired 51 Deferred Stock Units (DSUs).
• These DSUs represent dividend equivalent rights related to previously awarded DSUs under AIG's 2021 Omnibus Incentive Plan.
• The transaction date for this acquisition was October 1, 2025.
• Following this transaction, Ms. Wittman beneficially owns a total of 9,012 DSUs.
• The DSUs, along with the underlying previously awarded DSUs, will be settled in shares of AIG common stock on a 1-to-1 basis.
• Settlement is scheduled for the last trading day of the month in which the director's service on the Board of Directors ends, unless an election to defer the vesting date has been made.

Sentiment

Score: 6

Explanation: The transaction is a routine, non-discretionary acquisition of dividend equivalent rights, which slightly increases director alignment with shareholders. It does not indicate any material change in company performance or outlook.

Positives

• The acquisition of dividend equivalent rights increases the director's overall beneficial ownership, aligning her interests further with those of shareholders.

Future Outlook

The acquired Deferred Stock Units, along with previously awarded DSUs, are scheduled to 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

This transaction represents a routine, non-discretionary component of director compensation, specifically dividend equivalent rights, which are common practice in publicly traded companies to ensure directors' equity holdings reflect dividend distributions.

Stakeholder Impact

• Shareholders: The transaction slightly increases the alignment of a director's interests with those of common shareholders through increased equity-based compensation.

Next Steps

• Settlement of the Deferred Stock Units into AIG common stock upon the termination of the director's service on the Board of Directors, unless a deferral election is made.

Key Dates

Recommendation

This Form 4 filing reports a routine, non-discretionary acquisition of dividend equivalent rights by a director. The transaction size (51 units) is immaterial relative to AIG's market capitalization and does not provide new information that would warrant a change in investment thesis or stock recommendation. It is a standard compensation event and not indicative of discretionary insider buying or selling.

Keywords

AIG, American International Group, Form 4, Insider Transaction, Deferred Stock Units, DSUs, Director Compensation, Dividend Equivalent Rights, Vanessa Ames Wittman