Form 4: Corebridge Financial Executive Terri N Fiedler Reports Stock Transaction

Sentiment:

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

DateDescription
February 22, 2024Date of original Form 4 that inadvertently omitted 1,019 shares.
February 28, 2025Closing price of Corebridge Financial Inc.'s Common Stock, par value $0.01 per share, was $34.68.
February 28, 2025Amendment date of February 22, 2024 Form 4.
March 3, 2025Date of the reported transaction (tax withholding of shares).
March 5, 2025Date of signature on the Form 4 filing.

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