Form 4: AIG Executive Kathleen Carbone Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Kathleen Carbone, VP & Chief Accounting Officer of American International Group (AIG), reports disposing of shares to cover tax obligations related to vested restricted stock units.
Summary
- Kathleen Carbone, VP & Chief Accounting Officer at American International Group (AIG), filed a Form 4 with the SEC.
- The filing reports a transaction on February 27, 2024, where 2,232 shares of AIG common stock were disposed of.
- The disposal was to cover tax obligations related to the settlement of vested restricted stock units from 2022 and 2023.
- The shares were sold at a price of $71.95 per share.
- Following the transaction, Carbone directly owns 11,420 shares of AIG common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment about the company's performance or future prospects.
Industry Context
Form 4 filings are routine disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions and can be used by investors to gauge management's sentiment about the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 02/21/2024 | 2023 Restricted Stock Units vested |
| 02/22/2024 | 2022 Restricted Stock Units vested |
| 02/27/2024 | Date of stock disposal for tax obligations |
| 02/29/2024 | Date of Form 4 filing |
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