Form 4: Corebridge Financial Executive Filiaggi Reports Stock Transaction
SEC Form 4 Filing
Christopher Filiaggi, Chief Accounting Officer of Corebridge Financial, reports the withholding of shares to cover taxes upon vesting of restricted stock units.
Summary
- On March 3, 2025, Christopher Filiaggi, the Chief Accounting Officer of Corebridge Financial, Inc., reported a transaction involving the company's common stock.
- 1,446 shares were withheld to cover taxes upon the vesting of restricted stock units (RSUs).
- The price per share was $34.68, representing the closing price on February 28, 2025.
- Following the transaction, Filiaggi beneficially owns 25,413 shares, including RSUs.
- The report also reflects an additional 249 shares that were inadvertently omitted from a previous Form 4 filing on February 22, 2024, which was amended on February 28, 2025.
Sentiment
Score: 7
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. There is nothing inherently positive or negative about the information, but it provides transparency into executive compensation and ownership, which is generally viewed neutrally to slightly positive.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- Shareholders are informed about executive stock transactions, promoting transparency.
Key Dates
| Date | Description |
|---|---|
| February 22, 2024 | Date of original Form 4 filing that was later amended. |
| February 28, 2025 | Closing price of Corebridge Financial Inc.'s Common Stock was $34.68 per share; Amendment date of February 22, 2024 Form 4. |
| March 3, 2025 | Date of the reported transaction (withholding of shares for taxes). |
| March 5, 2025 | Date of signature on the Form 4 filing. |
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