Form 4: Corebridge Financial CEO Kevin T. Hogan Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Corebridge Financial's CEO, Kevin T. Hogan, reports the disposal of shares to cover taxes upon vesting of restricted stock units, resulting in an updated beneficial ownership.
Summary
- On March 4, 2024, Kevin T. Hogan, CEO of Corebridge Financial, Inc., reported a transaction involving common stock.
- 29,132 shares were disposed of to cover taxes upon the vesting of restricted stock units at a price of $24.5 per share.
- Following the transaction, Hogan's direct ownership amounts to 243,621 shares, including restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity related to vested restricted stock units and tax obligations, which is a common occurrence.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects routine tax-related stock disposals by the CEO.
Key Dates
| Date | Description |
|---|---|
| 03/04/2024 | Date of transaction: disposal of shares to cover taxes. |
| 03/06/2024 | Date of signature on the report. |
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