Form 4: AIG Executive Christopher Schaper Reports Stock Transaction

Christopher Schaper, EVP and Global Chief Underwriting Officer at American International Group (AIG), reports the disposition of shares to cover tax obligations related to vested restricted stock units.

Summary

• On February 27, 2024, Christopher Schaper, an Executive Vice President and Global Chief Underwriting Officer at American International Group, Inc. (AIG), reported a transaction involving AIG common stock.
• The transaction involved the disposition of 2,149 shares of common stock at a price of $71.95 per share.
• These shares were withheld for the payment of taxes related to the settlement of 2022 and 2023 Restricted Stock Units (RSUs) that vested on February 22, 2024, and February 21, 2024, respectively.
• Following the reported transaction, Schaper beneficially owns 60,121 shares of AIG common stock directly.

Sentiment

Score: 5

Explanation: This is a routine transaction related to tax obligations on vested stock, so the sentiment is neutral.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to the vesting of previously granted stock awards and the associated tax obligations, which is a common occurrence.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a standard procedure for covering tax obligations.

Key Dates