Form 4: AIG Executive Charles Fry Reports Routine RSU Vesting and Tax-Related Share Sale

American International Group, Inc. (AIG) EVP Charles Fry reported the vesting of Restricted Stock Units and a subsequent sale of shares to cover tax obligations, as detailed in a recent SEC Form 4 filing.

Summary

• Charles Fry, EVP of Reinsurance & Risk Capital Optimization at American International Group, Inc. (AIG), reported transactions related to his beneficial ownership.
• On June 16, 2025, 4,531 Restricted Stock Units (RSUs) from a grant on June 16, 2023, vested. This represents the second tranche of that grant.
• These RSUs converted into 4,531 shares of AIG common stock.
• Concurrently, 2,266 shares were disposed of (withheld) at a price of $85.44 per share to cover tax obligations associated with the RSU settlement.
• Following these transactions, Mr. Fry beneficially owns 39,504 shares of AIG common stock, which includes 18,166 unvested RSUs.
• He also holds 4,532 derivative securities (RSUs) directly.

Sentiment

Score: 5

Explanation: The document reports a routine, pre-scheduled executive compensation event (RSU vesting and tax withholding). There is no indication of positive or negative discretionary action by the insider, nor any new information about the company's performance or outlook that would shift sentiment.

Positives

• Vesting of 4,531 Restricted Stock Units (RSUs) indicates the fulfillment of executive compensation plans.
• The continued beneficial ownership of 39,504 shares, including 18,166 unvested RSUs, demonstrates the executive's ongoing equity alignment with the company.

Negatives

• 2,266 shares were disposed of at $85.44 per share to cover tax liabilities, resulting in a reduction of direct common stock holdings.

Risks

• No specific company or operational risks are disclosed in this Form 4 filing, as it pertains solely to an insider transaction.

Future Outlook

The remaining tranche of Restricted Stock Units (RSUs) granted on June 16, 2023, is scheduled to vest on June 16, 2026, contingent upon Mr. Fry's continued employment with AIG through that date.

Industry Context

This Form 4 filing details a routine insider transaction related to executive compensation. It does not provide information relevant to broader industry trends or competitive analysis within the insurance or financial services sector. Such filings are standard disclosures for publicly traded companies regarding executive stock ownership changes.

Comparison to Industry Standards

• Not applicable. This document is a routine insider transaction report (Form 4) detailing the vesting of executive compensation and subsequent tax-related share disposition. It does not contain financial results or operational data that would allow for a comparison to global benchmarks or specific comparable companies/projects.

Related Party Transactions

• The RSU vesting and subsequent share disposition are part of an executive compensation plan, which is a standard arrangement between an executive and the company. No other related party transactions are disclosed.

Stakeholder Impact

• Shareholders: Minimal direct impact, as this is a routine compensation event. It reflects the ongoing alignment of executive incentives with shareholder value through equity ownership.
• Employees: No direct impact on general employees.
• Customers/Suppliers/Creditors: No direct impact.

Next Steps

• The remaining Restricted Stock Units (RSUs) from the June 16, 2023 grant are scheduled to vest on June 16, 2026, subject to Charles Fry's continued employment.

Key Dates

Keywords

AIG, American International Group, Charles Fry, Form 4, SEC filing, insider transaction, Restricted Stock Units, RSU vesting, executive compensation, share ownership, tax withholding