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

Bryan A. Pinsky, a Corebridge Financial executive, files an amended Form 4 to correct the number of shares beneficially owned following a grant of restricted stock units.

Summary

• Bryan A. Pinsky, President of Individual Insurance at Corebridge Financial, filed an amended Form 4 with the SEC on May 12, 2025.
• The amendment corrects an error in the original Form 4 filed on February 21, 2025, which overstated the number of shares of Common Stock beneficially owned.
• The corrected filing shows that Pinsky beneficially owns 52,366 shares of Common Stock as of February 19, 2025, instead of the previously reported 59,898 shares.
• On February 19, 2025, Pinsky received 6,441 Restricted Stock Units (RSUs) under the company's 2022 Omnibus Incentive Plan.
• These RSUs vest in equal installments over three years from the grant date, contingent upon continued employment.
• Each RSU represents the right to receive one share of Corebridge common stock upon vesting.

Sentiment

Score: 7

Explanation: The document is a routine correction of an administrative error, indicating a neutral to slightly positive sentiment due to the company's commitment to accuracy and compliance.

Positives

• The correction of the stock ownership demonstrates transparency and adherence to regulatory requirements.

Negatives

• The original overstatement of shares beneficially owned indicates a potential administrative oversight.

Risks

• Administrative errors in SEC filings can lead to scrutiny and potential compliance issues.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, ensuring transparency in the market.

Stakeholder Impact

• The correction of the stock ownership ensures accurate information for shareholders.

Key Dates

Keywords

Corebridge Financial, SEC Form 4, Beneficial Ownership, Restricted Stock Units, Amendment, Pinsky, CRBG