Form 4: AIG Executive Roshan Navagamuwa Reports Stock Transaction
SEC Form 4 Filing
Roshan Navagamuwa, EVP and Chief Information Officer of American International Group (AIG), reports the disposal of 975 common stock shares to cover tax obligations related to vested restricted stock units.
Summary
- On March 4, 2025, Roshan Navagamuwa, EVP and Chief Information Officer of American International Group (AIG), disposed of 975 shares of AIG common stock.
- The transaction was executed to cover tax obligations related to the settlement of 2024 Restricted Stock Units that vested on February 20, 2025.
- The shares were disposed of at a price of $82.94 per share.
- Following the transaction, Navagamuwa directly owns 27,441 shares of AIG common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reflects a routine transaction for tax purposes and doesn't indicate any significant positive or negative outlook for the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like executives and directors, trade their company's stock. This provides transparency to the market regarding the transactions of those with privileged information.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | 2024 Restricted Stock Units vested. |
| 03/04/2025 | Transaction date: Disposal of 975 shares of AIG common stock. |
| 03/05/2025 | Date of signature for the Form 4 filing. |
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