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

Bryan A. Pinsky, a Corebridge Financial officer, files an amendment to a previous SEC Form 4 to correct the number of restricted stock units (RSUs) granted.

Summary

• Bryan A. Pinsky, President of Individual Retirement at Corebridge Financial, Inc., filed an amended SEC Form 4 on February 28, 2024.
• The amendment corrects an error in the original Form 4 filed on February 22, 2024, which understated the number of restricted stock units (RSUs) granted to Pinsky.
• The corrected filing shows that Pinsky was granted 13,786 RSUs on February 20, 2024, instead of the previously reported 13,318 RSUs.
• The RSUs vest ratably over three years from the grant date and represent a contingent right to receive one share of Corebridge Financial common stock upon vesting.
• The amended filing also includes an additional 468 shares that were inadvertently omitted from the reporting person's original Form 4 and in subsequent reports, bringing the total shares beneficially owned to 51,084.

Sentiment

Score: 5

Explanation: The document is a routine correction of a previous filing. While the error is a negative, the correction itself is a positive. Overall, the sentiment is neutral.

Negatives

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

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, which is common for publicly traded companies like Corebridge Financial.

Key Dates