Form 4: Corebridge Financial Executive Caldwell Jr. Reports Stock Transaction
SEC Form 4 Filing
Steven Douglas Caldwell Jr., Chief Risk Officer of Corebridge Financial, reports the withholding of shares to cover taxes upon vesting of restricted stock units.
Summary
- On March 3, 2025, Steven Douglas Caldwell Jr., Chief Risk Officer of Corebridge Financial, Inc., reported a transaction involving the company's common stock.
- 11,724 shares were withheld to cover taxes upon the vesting of restricted stock units (RSUs).
- The price per share for the tax withholding was $34.68, representing the closing price of Corebridge Financial Inc.'s Common Stock on February 28, 2025.
- Following the transaction, Caldwell's beneficial ownership includes 13,115 shares, including RSUs.
- The report also reflects an additional 676 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 is a standard SEC filing related to stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it relates to executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| February 22, 2024 | Date of original Form 4 filing that inadvertently omitted 676 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 the reported transaction (stock withholding for taxes) |
| March 5, 2025 | Date of signature on the Form 4 filing |
Keywords
Corebridge Financial, Caldwell, Stock Transaction, Form 4, RSUs, Beneficial Ownership, Tax Withholding
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