Form 4: Corebridge Financial Director Amy L. Schioldager Reports Changes in Beneficial Ownership

Sentiment:

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

DateDescription
06/21/2024Date of the transaction involving the acquisition and disposal of Corebridge Financial, Inc. common stock.
06/25/2024Date of signature for the Form 4 filing.

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