Form 4: Corebridge Financial EVP Amber Miller Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Amber Miller, EVP and Chief Auditor of Corebridge Financial, reports the withholding of shares to cover taxes upon vesting of restricted stock units.
Summary
- On March 3, 2025, Amber Miller, EVP and Chief Auditor of Corebridge Financial, reported changes in beneficial ownership to the SEC.
- 2,520 shares of common stock were disposed of to cover taxes upon the vesting of restricted stock units (RSUs) at a price of $34.68 per share.
- Following the transaction, Miller directly owns 44,449 shares of Corebridge Financial, Inc.
- This amount includes RSUs and also reflects an additional 389 shares that were inadvertently omitted from the reporting person's February 22, 2024 Form 4, amended on February 28, 2025.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction related to executive compensation and does not indicate any significant positive or negative sentiment.
Industry Context
This is a routine SEC filing related to changes in beneficial ownership by a company insider. It is standard practice for executives to have shares withheld to cover taxes when RSUs vest.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering taxes on vested RSUs.
Key Dates
| Date | Description |
|---|---|
| February 22, 2024 | Date of original Form 4 which inadvertently omitted 389 shares. |
| February 28, 2025 | Closing price of Corebridge Financial Inc.'s Common Stock, par value $0.01 per share, on this date was $34.68. |
| February 28, 2025 | Date of amendment to February 22, 2024 Form 4. |
| March 3, 2025 | Date of transaction: shares withheld to cover taxes upon vesting of restricted stock units ('RSUs'). |
| March 5, 2025 | Date of signature on the Form 4 filing. |
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