Form 4: F&G Annuities & Life Director Michael Nolan Acquires Shares in Lieu of Fees
SEC Form 4
Director Michael Joseph Nolan acquired 593 shares of F&G Annuities & Life common stock on October 1, 2024, in lieu of director fees.
Summary
- On October 1, 2024, Michael Joseph Nolan, a director of F&G Annuities & Life, acquired 593 shares of common stock.
- The shares were granted in lieu of director fees at a price of $42.17 per share.
- Following the transaction, Nolan directly owns 41,350 shares of F&G Annuities & Life common stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. A director taking shares in lieu of fees suggests confidence, but the transaction itself is routine.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.
Industry Context
Directors receiving stock in lieu of fees is a fairly common practice, aligning their interests with shareholders.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a standard director compensation arrangement.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of transaction: Michael Joseph Nolan acquired 593 shares of F&G Annuities & Life common stock. |
| 10/02/2024 | Date of signature on the Form 4 filing. |
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