4/A: Corebridge Financial Executive Corrects Stock Unit Reporting Error in Amended SEC Filing

Steven Douglas Caldwell JR, Chief Risk Officer of Corebridge Financial, files an amendment to a previous SEC Form 4 to correct an understatement of restricted stock units (RSUs) granted.

Summary

• Steven Douglas Caldwell JR, Chief Risk Officer of Corebridge Financial, Inc., filed an amended Form 4 with the SEC on February 28, 2025, to correct a reporting error.
• The amendment addresses an understatement in the number of restricted stock units (RSUs) reported in the original Form 4 filed on February 22, 2024.
• The original filing inadvertently reported 19,238 RSUs, while the correct number granted on February 20, 2024, was 19,914 RSUs.
• The RSUs were issued under the Corebridge Financial, Inc. 2022 Omnibus Incentive Plan and vest ratably over three years from the grant date.
• The amended filing also includes an additional 676 shares that were inadvertently omitted from the reporting person's original Form 4 and in subsequent reports.

Sentiment

Score: 7

Explanation: The document is a routine correction of a filing error, indicating standard corporate governance practices. The sentiment is neutral to slightly positive as it shows transparency.

Negatives

• The original Form 4 filed on February 22, 2024, contained an error in the reported number of RSUs granted to the reporting person.
• There was an administrative error that led to the understatement of RSUs.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's securities, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

• The correction of the filing ensures accurate information is available to shareholders and the public.

Key Dates