Form 4: F&G Annuities & Life Director Acquires Shares in Lieu of Fees
SEC Form 4 Filing
Director Douglas K. Ammerman acquired 1,017 shares of F&G Annuities & Life common stock on January 6, 2025, in lieu of director fees.
Summary
- Douglas K. Ammerman, a director at F&G Annuities & Life, acquired 1,017 shares of common stock on January 6, 2025.
- The shares were granted in lieu of director fees.
- The price per share was $41.52.
- Following the transaction, Mr. Ammerman directly owns 45,718 shares of F&G Annuities & Life.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction, indicating a positive alignment of interests between the director and the company. There is no indication of any negative sentiment.
Positives
- The acquisition of shares by a director demonstrates confidence in the company's future.
- The use of stock in lieu of fees aligns director interests with shareholder interests.
Industry Context
This is a routine transaction for a director of a public company, where stock grants are often used as part of compensation packages.
Comparison to Industry Standards
- Stock grants to directors are a common practice across the industry, often used to align director interests with those of shareholders.
- The value of the grant is consistent with typical director compensation packages in similar financial services companies.
Stakeholder Impact
- The transaction increases the director's stake in the company, aligning his interests with those of shareholders.
- The use of stock in lieu of fees can be seen as a positive sign by investors.
Key Dates
| Date | Description |
|---|---|
| 01/06/2025 | Date of the stock acquisition by Douglas K. Ammerman. |
| 01/08/2025 | Date of signature on the SEC Form 4 filing. |
Keywords
director, stock acquisition, common stock, director fees, beneficial ownership, F&G Annuities & Life, equity
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