Form 4: Corebridge Financial Director, Christina Banthin, Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Christina Banthin, a director at Corebridge Financial, reported a transaction involving the withholding of shares to cover taxes upon the vesting of restricted stock units.

Summary

  • On March 3, 2025, Christina Banthin, a director of Corebridge Financial, Inc., had 2,785 shares of common stock withheld to cover taxes upon the vesting of restricted stock units.
  • The price per share for the tax withholding was $34.68, based on the closing price of Corebridge Financial Inc.'s common stock on February 28, 2025.
  • Following the transaction, Banthin beneficially owns 27,105 shares, including restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing regarding stock transactions, and it doesn't inherently convey positive or negative sentiment. It's a neutral disclosure.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency regarding the transactions of company insiders.

Stakeholder Impact

  • Shareholders are informed about changes in beneficial ownership by a company director.
  • The filing ensures transparency and compliance with SEC regulations.

Key Dates

DateDescription
February 28, 2025Closing price of Corebridge Financial Inc.'s Common Stock was $34.68 per share.
March 3, 2025Transaction date: 2,785 shares withheld for taxes upon vesting of RSUs.
March 5, 2025Date of signature for the Form 4 filing.

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