Form 4: Corebridge Financial Executive Terri N Fiedler Reports Stock Transaction
SEC Form 4 Filing
Terri N Fiedler, President of Retirement Services at Corebridge Financial, reports the withholding of shares to cover taxes upon vesting of restricted stock units.
Summary
- On March 3, 2025, Terri N Fiedler, President of Retirement Services at Corebridge Financial, Inc., reported a transaction involving Corebridge Financial common stock.
- 12,499 shares were withheld to cover taxes upon the vesting of restricted stock units (RSUs).
- The price per share for the tax withholding was $34.68, which was the closing price of Corebridge Financial Inc.'s Common Stock on February 28, 2025.
- Following the reported transaction, Fiedler beneficially owns 164,464 shares of Corebridge Financial, Inc., including RSUs.
- The report also reflects an additional 1,019 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 a routine stock transaction. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock transactions. It's a standard practice for executives to have shares withheld to cover taxes upon the vesting of RSUs.
Key Dates
| Date | Description |
|---|---|
| February 22, 2024 | Date of original Form 4 that inadvertently omitted 1,019 shares. |
| February 28, 2025 | Closing price of Corebridge Financial Inc.'s Common Stock, par value $0.01 per share, was $34.68. |
| February 28, 2025 | Amendment date of February 22, 2024 Form 4. |
| March 3, 2025 | Date of the reported transaction (tax withholding of shares). |
| March 5, 2025 | Date of signature on the Form 4 filing. |
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