Form 4: F&G Annuities & Life Director Acquires Shares in Lieu of Fees

Raymond R. Quirk, a director at F&G Annuities & Life, acquired 641 shares of common stock on January 6, 2025, in lieu of director fees.

Summary

• Raymond R. Quirk, a director of F&G Annuities & Life, acquired 641 shares of the company's common stock on January 6, 2025.
• The shares were granted as compensation in lieu of director fees.
• The acquisition price was $41.52 per share.
• Following this transaction, Mr. Quirk directly owns 21,406 shares of F&G Annuities & Life common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction, which is generally positive as it shows alignment of interests between the director and shareholders. 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 can align director interests with shareholder interests.

Industry Context

This is a routine transaction for a director of a public company, where compensation is often provided in the form of company stock.

Comparison to Industry Standards

• It is common practice for directors of publicly traded companies to receive stock as part of their compensation.
• The amount of stock granted is typical for director compensation, and the price is consistent with the market value of the stock at the time of the transaction.
• Many companies, such as Prudential Financial and MetLife, also use stock grants as part of their director compensation packages.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director interests with the company's performance.

Key Dates

Keywords

F&G Annuities & Life, Director Share Acquisition, Form 4, Raymond R. Quirk, Director Fees, Common Stock, SEC Filing