Form 4: Corebridge Financial Executive Palmer Elizabeth Reports Stock Transaction
SEC Form 4
Chief Marketing Officer Elizabeth Palmer reports the withholding of shares to cover taxes upon vesting of restricted stock units.
Summary
- Elizabeth Palmer, Chief Marketing Officer of Corebridge Financial, Inc., reported a transaction involving the withholding of 5,443 common stock shares on March 3, 2025, to cover taxes upon the vesting of restricted stock units (RSUs).
- The shares were withheld at a price of $34.68 per share.
- Following the transaction, Palmer directly owns 86,786 shares of Corebridge Financial, Inc., which includes RSUs.
- The report also reflects an additional 520 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: The document is a standard SEC filing detailing a routine stock transaction. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 02/22/2024 | Date of original Form 4 filing that inadvertently omitted 520 shares. |
| 02/28/2025 | Date of amendment to the February 22, 2024 Form 4 filing. |
| 02/28/2025 | Closing price of Corebridge Financial Inc.'s Common Stock, par value $0.01 per share. |
| 03/03/2025 | Date of the reported transaction (withholding of shares for taxes). |
| 03/05/2025 | Date of signature on the Form 4 filing. |
Keywords
Corebridge Financial, Elizabeth Palmer, Form 4, stock transaction, restricted stock units, RSUs, Chief Marketing Officer, beneficial ownership, SEC filing
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