4/A: Corebridge Financial Executive Corrects Stock Ownership in Amended SEC Filing

Lisa Longino, Chief Investment Officer of Corebridge Financial, files an amendment to a previous SEC Form 4 to correct the number of restricted stock units (RSUs) granted.

Summary

• Lisa Longino, Chief Investment Officer of Corebridge Financial, filed an amended SEC Form 4 to correct an administrative error in the original filing from February 22, 2024.
• The amendment addresses an understatement of restricted stock units (RSUs) reported in Column 4 of Table I.
• The corrected number of RSUs granted to Longino as of the original transaction date (February 20, 2024) is 41,666, up from the previously reported 40,252.
• The filing also reflects an additional 1,414 shares that were inadvertently omitted from the reporting person's original Form 4 and in subsequent reports, bringing the total shares beneficially owned to 99,327.
• The RSUs were issued under the Corebridge Financial, Inc. 2022 Omnibus Incentive Plan and will vest ratably over three years from the grant date.

Sentiment

Score: 6

Explanation: The document is a routine regulatory filing correcting a previous error. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.

Negatives

• The original Form 4 filed on February 22, 2024, contained an administrative error that understated the number of RSUs granted to Lisa Longino.

Future Outlook

The RSUs will vest ratably over three years from the grant date, representing a future increase in Longino's holdings of Corebridge Financial common stock.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the holdings of key personnel and ensures compliance with SEC regulations.

Stakeholder Impact

• The correction of the RSU grant ensures accurate reporting to shareholders and the public.

Key Dates