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

Director Michael Joseph Nolan acquired 664 shares of F&G Annuities & Life common stock on July 1, 2024, in lieu of director fees.

Summary

• On July 1, 2024, Michael Joseph Nolan, a director of F&G Annuities & Life, acquired 664 shares of common stock.
• The shares were granted in lieu of director fees at a price of $37.69 per share.
• Following the transaction, Nolan directly owns 40,757 shares of F&G Annuities & Life common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects a director's increased stake in the company, aligning interests with shareholders. The transaction itself is routine.

Positives

• The acquisition of shares by a director demonstrates confidence in the company.

Industry Context

Directors receiving stock in lieu of fees is a common practice to align their interests with shareholders and conserve company cash.

Related Party Transactions

• The grant of unrestricted common stock to Michael Joseph Nolan is a related party transaction as he is a director of F&G Annuities & Life.

Stakeholder Impact

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

Key Dates