Form 4: Corebridge Financial Director Christopher S. Lynch Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Christopher S. Lynch reports acquisition and disposal of Corebridge Financial, Inc. common stock and deferred stock units.
Summary
- On June 21, 2024, Christopher S. Lynch, a director of Corebridge Financial, Inc., reported changes in beneficial ownership of the company's common stock.
- Lynch acquired 55,631 deferred stock units (DSUs) under the Corebridge Financial, Inc. 2022 Omnibus Incentive Plan.
- These DSUs represent the right to receive one share of common stock upon termination of service or the first anniversary of commencement of service, whichever is later.
- Lynch also disposed of 23,402 shares, which includes deferred stock units.
- Following these transactions, Lynch's beneficial ownership includes both direct holdings and deferred stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating neutral sentiment. It reports transactions without expressing any positive or negative outlook.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 06/21/2024 | Date of earliest transaction (acquisition and disposal of shares). |
| 06/25/2024 | Date of signature by Attorney-in-Fact. |
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