Form 4: Corebridge Financial Executive Palmer Elizabeth Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Elizabeth Palmer, Chief Marketing Officer of Corebridge Financial, reports the disposal of 5,856 common stock shares to cover taxes upon vesting of restricted stock units, leaving a total of 87,542 shares beneficially owned.
Summary
- On March 4, 2024, Elizabeth Palmer, the Chief Marketing Officer of Corebridge Financial, Inc., reported a transaction involving the company's common stock.
- A total of 5,856 shares were disposed of to cover taxes upon the vesting of restricted stock units at a price of $24.5 per share.
- Following the transaction, Palmer directly owns 87,542 shares of Corebridge Financial, Inc., including restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions for tax purposes, and doesn't indicate a particularly positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and their potential impact on the market.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects an executive's stock transactions for tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/04/2024 | Date of transaction: disposal of shares to cover taxes upon vesting of restricted stock units. |
| 03/06/2024 | Date of signature on the Form 4 filing. |
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