Form 4: Corebridge Financial Executive Alan Leonard Smith Reports Changes in Beneficial Ownership

Alan Leonard Smith, Chief Human Resources Officer of Corebridge Financial, reports the withholding of 2,668 common stock shares for tax liability upon vesting of restricted stock units on March 1, 2024, resulting in a beneficial ownership of 66,740 shares.

Summary

• On March 1, 2024, Alan Leonard Smith, the Chief Human Resources Officer of Corebridge Financial, Inc., had 2,668 shares of common stock withheld for payment of tax liability upon the vesting of restricted stock units.
• The transaction was executed at a price of $24.5 per share, which represents the closing price of Corebridge Financial Inc.'s common stock on that date.
• Following the transaction, Smith's beneficial ownership of Corebridge Financial, Inc. common stock is 66,740 shares, which includes restricted stock units previously reported.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing an insider transaction. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about changes in beneficial ownership.

Industry Context

This filing is a routine disclosure related to insider transactions and is required by the SEC to ensure transparency and prevent insider trading. It provides information about the trading activities of company executives, allowing investors to monitor their actions.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it reflects a change in the beneficial ownership of a company executive.

Key Dates