Form 4: AIG Executive Charles Fry Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Charles Fry, EVP at American International Group, reports disposing of 2,277 shares of common stock to cover tax obligations related to vested Restricted Stock Units.
Summary
- On March 4, 2025, Charles Fry, an Executive Vice President at American International Group (AIG), reported a transaction involving AIG common stock.
- Fry disposed of 2,277 shares of common stock at a price of $82.94 per share.
- This disposal was to cover tax obligations related to the settlement of 2023 and 2024 Restricted Stock Units (RSUs) that vested in February 2025.
- Following the transaction, Fry directly owns 37,239 shares of AIG common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a common transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard practice of executives covering tax obligations through stock disposals.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it represents a small percentage of the outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | 2024 RSUs vested |
| 02/21/2025 | 2023 RSUs vested |
| 03/04/2025 | Date of transaction (stock disposal) |
| 03/05/2025 | Date of signature on the Form 4 |
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