Form 4: AIG Executive Roshan Navagamuwa Reports Stock Transactions
SEC Form 4 Filing
Roshan Navagamuwa, EVP and Chief Information Officer of American International Group (AIG), reports the vesting and subsequent tax withholding of shares related to sign-on restricted stock units.
Summary
- Roshan Navagamuwa, an executive at American International Group (AIG), filed a Form 4 detailing changes in beneficial ownership of AIG common stock.
- On April 1, 2025, 17,339 sign-on restricted stock units (RSUs) vested and were converted to common stock.
- Also on April 1, 2025, 8,852 shares were withheld for the payment of taxes related to the RSU vesting at a price of $86.81 per share.
- Following these transactions, Navagamuwa directly owns 35,928 shares of AIG common stock and 19,704 sign-on restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation, with no inherent positive or negative implications for the company's overall performance.
Future Outlook
The remaining RSUs will vest on April 1, 2026, contingent upon the reporting person's continued employment.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into the trading activities of company insiders.
Key Dates
| Date | Description |
|---|---|
| December 11, 2023 | Date of grant for Sign-On Restricted Stock Units |
| 04/01/2025 | Date of RSU vesting and stock transactions |
| 04/02/2025 | Date of Form 4 filing |
| April 1, 2026 | Date of vesting for remaining RSUs |
Keywords
Form 4, AIG, Roshan Navagamuwa, Restricted Stock Units, Beneficial Ownership, Stock Transactions, Vesting
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