Form 4: Corebridge Financial Executive Elizabeth B. Cropper Reports Stock Transaction
SEC Form 4 Filing
EVP & Chief Human Resources Officer Elizabeth B. Cropper reports disposition of shares to cover taxes upon vesting of restricted stock units.
Summary
- On March 3, 2025, Elizabeth B. Cropper, EVP & Chief Human Resources Officer of Corebridge Financial, Inc., reported a transaction involving the disposition of 2,523 shares of common stock to cover taxes upon the vesting of restricted stock units.
- The shares were disposed of at a price of $34.68.
- Following the transaction, Cropper beneficially owns 42,993 shares, which includes restricted stock units.
- The report also reflects an additional 572 shares that were inadvertently omitted from a previous Form 4 filing on February 22, 2024, which was amended on February 28, 2025.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine stock transaction. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common for publicly traded companies.
Comparison to Industry Standards
- Form 4 filings are standard practice for corporate insiders and are comparable across all publicly traded companies.
- The transaction is related to tax obligations arising from the vesting of restricted stock units, a common form of executive compensation.
Key Dates
| Date | Description |
|---|---|
| February 22, 2024 | Date of original Form 4 filing with an omission. |
| February 28, 2025 | Closing price of Corebridge Financial Inc.'s Common Stock, par value $0.01 per share. |
| February 28, 2025 | Date of amended Form 4 filing to correct the omission. |
| March 3, 2025 | Date of transaction: disposition of shares to cover taxes upon vesting of RSUs. |
| March 5, 2025 | Date of signature on the report. |
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