Form 4: AIG Executive Christopher Schaper Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Christopher Schaper, EVP and Chief Risk Officer of American International Group (AIG), disposed of 6,744 shares of common stock to cover tax obligations related to the vesting of performance and restricted stock units.
Summary
- On March 4, 2025, Christopher Schaper, the EVP and Chief Risk Officer of American International Group (AIG), reported a transaction involving the disposal of 6,744 shares of AIG common stock.
- The shares were disposed of to cover tax obligations associated with the vesting of performance stock units and restricted stock units.
- The transaction was executed at a price of $82.94 per share.
- Following the transaction, Schaper directly owns 80,998 shares of AIG common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't convey any particularly 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 that an executive disposed of shares to cover tax obligations, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 01/01/2025 | Vesting date of 2022 Performance Stock Units. |
| 02/20/2025 | Vesting date of 2024 Restricted Stock Units (RSUs). |
| 02/21/2025 | Vesting date of 2023 Restricted Stock Units (RSUs). |
| 02/22/2025 | Vesting date of 2022 Restricted Stock Units (RSUs). |
| 03/04/2025 | Date of stock disposal transaction. |
| 03/05/2025 | Date of signature on the Form 4 filing. |
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