Form 4: Corebridge Financial Executive Reports Stock Transaction
SEC Form 4 Filing
Bryan A. Pinsky, President of Individual Insurance at Corebridge Financial, reports the withholding of shares to cover taxes upon vesting of restricted stock units.
Summary
- On March 3, 2025, Bryan A. Pinsky, President of Individual Insurance at Corebridge Financial, reported a transaction involving Corebridge Financial common stock.
- A total of 6,897 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 of Corebridge Financial Inc.'s Common Stock on February 28, 2025.
- Following the transaction, Pinsky beneficially owns 53,469 shares, which includes RSUs.
- The report also reflects an additional 468 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 regulatory filing detailing an insider transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives who receive stock-based compensation. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine tax-related withholding of shares.
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, par value $0.01 per share. |
| February 28, 2025 | Date of amendment to Form 4. |
| March 3, 2025 | Date of the reported transaction. |
| March 5, 2025 | Date of signature on the report. |
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