Form 4: AIG Executive Kathleen Carbone Reports Stock Transactions Following RSU Vesting

Kathleen Carbone, VP & Chief Accounting Officer of American International Group, Inc. (AIG), reported the vesting and conversion of restricted stock units into AIG common stock on February 21 and 22, 2025.

Summary

• Kathleen Carbone, VP & Chief Accounting Officer of American International Group, Inc. (AIG), filed a Form 4 detailing changes in beneficial ownership.
• On February 21, 2025, 2,108 shares of AIG common stock were acquired upon the vesting of the second tranche of 2023 Restricted Stock Units (RSUs).
• On February 22, 2025, 1,927 shares of AIG common stock were acquired upon the vesting of the third and final tranche of 2022 Restricted Stock Units (RSUs).
• The RSUs convert to AIG common stock on a 1-to-1 basis.
• Following these transactions, Ms. Carbone directly owns 28,851 shares of AIG common stock and 2,109 derivative securities.

Sentiment

Score: 5

Explanation: This is a routine filing related to executive compensation, with no particularly positive or negative implications.

Positives

• The vesting of RSUs indicates a form of compensation and alignment of the executive's interests with the company's performance.

Future Outlook

The remaining 2023 RSUs will vest on the third anniversary of the grant date, subject to the reporting person's continued employment through the vesting date, and are settled in shares of AIG common stock.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions, which are closely monitored by investors.

Stakeholder Impact

• Shareholders may view the vesting of RSUs as a sign of alignment between management and shareholder interests.

Key Dates