Form 4: AIG Executive Rose Marie Glazer Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Rose Marie Glazer, EVP and General Counsel of American International Group, Inc. (AIG), disposed of 12,196 shares of common stock to cover tax obligations related to the vesting of performance and restricted stock units.
Summary
- On March 4, 2025, Rose Marie Glazer, EVP and General Counsel of American International Group, Inc. (AIG), reported a transaction involving the disposal of AIG common stock.
- The transaction involved the disposal of 12,196 shares at a price of $82.94 per share.
- These shares were withheld for the payment of taxes in connection with the settlement of performance stock units and restricted stock units that vested on various dates in January and February 2025.
- Following the transaction, Glazer directly owns 60,573 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.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into the transactions of company insiders. This filing is typical for executives receiving stock-based compensation.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| January 1, 2025 | Vesting date of 2022 Performance Stock Units. |
| February 20, 2025 | Vesting date of 2024 RSUs. |
| February 21, 2025 | Vesting date of 2023 RSUs. |
| February 22, 2025 | Vesting date of 2022 Restricted Stock Units. |
| March 4, 2025 | Date of stock disposal transaction. |
| March 5, 2025 | Date of signature on the Form 4. |
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