Form 4: Corebridge Financial Director Christopher Lynch Receives Deferred Stock Units

Corebridge Financial, Inc. Director Christopher S. Lynch was granted 5,007 deferred stock units (DSUs) on June 3, 2025, increasing his total beneficial ownership to 28,409 DSUs.

Summary

• Christopher S. Lynch, a Director of Corebridge Financial, Inc. (CRBG), acquired 5,007 shares of Common Stock in the form of Deferred Stock Units (DSUs) on June 3, 2025.
• These DSUs were granted under the Corebridge Financial, Inc. 2022 Omnibus Incentive Plan and are exempt under Rule 16b-3.
• Each DSU represents a right to receive one share of common stock upon the director's termination of service or, if later, upon the first anniversary of the director's commencement of service.
• Following this transaction, Mr. Lynch beneficially owns 28,409 shares, all of which are DSUs.
• A Power of Attorney document was also filed, authorizing several individuals, including William Langston, to act as attorney-in-fact for Christopher Lynch regarding SEC filings (Forms 3, 4, 5, 13D, 13G, 144) and EDGAR system management.

Sentiment

Score: 6

Explanation: Slightly positive as it indicates continued alignment of a director's interests with the company's long-term performance through equity compensation, which is a standard and healthy practice.

Positives

• Grant of 5,007 Deferred Stock Units (DSUs) to Director Christopher S. Lynch aligns his interests with long-term shareholder value.
• The DSUs are granted under the company's 2022 Omnibus Incentive Plan, indicating a structured approach to executive compensation and retention.

Negatives

• No negative information is presented in this routine insider transaction filing.

Risks

• The Power of Attorney explicitly states that neither the Company nor the Attorney-in-Fact assumes liability for the undersigned's responsibility to comply with Section 13 or Section 16 of the Exchange Act or Rule 144, or for disgorgement of profits under Section 16(b) of the Exchange Act. This highlights the individual's ultimate responsibility for compliance.

Future Outlook

The Deferred Stock Units granted to Director Christopher S. Lynch are scheduled to convert into shares of common stock upon his termination of service or, if later, upon the first anniversary of his commencement of service, aligning his long-term interests with the company's performance.

Management Comments

• Reflects deferred stock units (DSUs) granted under the Corebridge Financial, Inc. 2022 Omnibus Incentive Plan exempt under Rule 16b-3.
• Each DSU represents a right to receive one share of common stock of the Issuer upon the director's termination of service or, if later, upon the first anniversary of the director's commencement of service.
• Includes 28,409 DSUs.

Industry Context

This filing represents a routine insider equity grant, common across publicly traded companies as a form of director compensation and retention, aiming to align the director's long-term financial interests with the company's performance and shareholder value.

Comparison to Industry Standards

• The grant of Deferred Stock Units (DSUs) as part of director compensation is a standard practice in the financial services industry, similar to compensation structures observed at companies like Prudential Financial (PRU), MetLife (MET), and Lincoln National Corporation (LNC), which often utilize equity-based incentives to align executive and director interests with long-term company performance.

Corporate Governance

Related Party Transactions

• The grant of Deferred Stock Units to Director Christopher S. Lynch constitutes a related party transaction, as it involves compensation from the company to an insider.

Stakeholder Impact

• Shareholders: The grant of DSUs aligns the director's financial interests with long-term shareholder value, potentially encouraging decisions that benefit the company's stock performance.
• Management/Directors: Reinforces the compensation structure for directors, providing long-term incentives and retention.

Next Steps

• The granted Deferred Stock Units (DSUs) will convert into shares of common stock upon the director's termination of service.
• Alternatively, the DSUs will convert upon the first anniversary of the director's commencement of service, if that date is later than the termination of service.

Key Dates

Keywords

Corebridge Financial, CRBG, Form 4, Insider Transaction, Deferred Stock Units, DSU, Director Compensation, Equity Grant, SEC Filing, Christopher Lynch