Form 4: Corebridge Financial Director Amy L. Schioldager Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Amy L. Schioldager reports acquisition of 5,563 shares of Corebridge Financial, Inc. common stock and disposal of an unspecified amount on June 21, 2024.
Summary
- On June 21, 2024, Amy L. Schioldager, a director of Corebridge Financial, Inc., reported changes in her beneficial ownership of the company's common stock.
- She acquired 5,563 shares of common stock through deferred stock units (DSUs) granted under the company's 2022 Omnibus Incentive Plan.
- Each DSU represents a right to receive one share of common stock upon termination of service or the first anniversary of commencement of service, whichever is later.
- Schioldager also disposed of an unspecified amount of common stock.
- Following these transactions, Schioldager beneficially owns 23,402 shares of Corebridge Financial, Inc. common stock, including deferred stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Positives
- The acquisition of shares through deferred stock units aligns the director's interests with the long-term performance of the company.
Industry Context
Form 4 filings are standard practice for company insiders (directors, officers, and major shareholders) to report transactions in their company's stock, ensuring transparency and compliance with securities regulations.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 06/21/2024 | Date of the transaction involving the acquisition and disposal of Corebridge Financial, Inc. common stock. |
| 06/25/2024 | Date of signature for the Form 4 filing. |
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