Form 4: Corebridge Financial Executive John P. Byrne Reports Stock Transaction
SEC Form 4 Filing
EVP and PFD of Corebridge Financial, John P. Byrne, reports disposition of shares to cover taxes upon vesting of restricted stock units.
Summary
- On March 3, 2025, John P. Byrne, an Executive Vice President and PFD of Corebridge Financial, Inc., reported a transaction involving the disposition of 1,995 shares of common stock to cover taxes upon the vesting of restricted stock units (RSUs).
- The shares were disposed of at a price of $34.68 per share.
- Following the transaction, Byrne beneficially owns 23,652 shares, which includes RSUs.
- The report also reflects an additional 405 shares that were inadvertently omitted from the reporting person's February 22, 2024 Form 4, amended on February 28, 2025.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company's stock.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| February 22, 2024 | Date of original Form 4 filing that inadvertently omitted 405 shares |
| 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 include 405 shares |
| March 3, 2025 | Date of the reported stock transaction (disposition of shares) |
| March 5, 2025 | Date of signature on the Form 4 filing |
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