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, reported the disposition of 8,560 shares of common stock to cover taxes upon vesting of restricted stock units on March 4, 2024.
Summary
- Terri N Fiedler, President Retirement Services at Corebridge Financial, Inc., filed a Form 4 with the SEC.
- The report details a transaction on March 4, 2024, where 8,560 shares of common stock were disposed of at a price of $24.5 per share.
- This disposition was to cover taxes upon the vesting of restricted stock units.
- Following the transaction, Fiedler directly owns 170,448 shares of Corebridge Financial, Inc., including restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine transaction related to executive compensation and tax obligations, with no inherent positive or negative implications for the company's overall performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax-related stock disposal following the vesting of restricted stock units, a common form of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/04/2024 | Date of stock transaction (disposal of shares). |
| 03/06/2024 | Date of signature on the Form 4 filing. |
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