Form 4: AIG Executive Donald Bailey Reports Stock Transactions
SEC Form 4 Filing
Donald Bailey, EVP & CEO North Amer Insur at American International Group, Inc. (AIG), reports the disposal of shares to cover tax obligations related to vested Restricted Stock Units.
Summary
- On March 4, 2025, Donald Bailey, an EVP & CEO North Amer Insur at American International Group, Inc. (AIG), reported a transaction involving AIG common stock.
- Bailey disposed of 2,391 shares of common stock at a price of $82.94 per share to cover tax obligations.
- This disposal was related to the settlement of 2023 and 2024 Restricted Stock Units (RSUs) that vested on February 21, 2025, and February 20, 2025, respectively.
- Following the transaction, Bailey beneficially owns 14,789 shares of AIG common stock.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction related to executive compensation and does not indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into the trading activities of company insiders. This transaction is related to the vesting of previously granted stock awards and the subsequent tax obligations.
Key Dates
| Date | Description |
|---|---|
| February 20, 2025 | 2024 RSUs vested |
| February 21, 2025 | 2023 RSUs vested |
| March 04, 2025 | Date of stock transaction (disposal of shares) |
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