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

Director Raymond Quirk acquired 619 shares of F&G Annuities & Life common stock on April 1, 2024, in lieu of director fees.

Summary

• On April 1, 2024, Raymond R. Quirk, a director of F&G Annuities & Life, acquired 619 shares of common stock.
• The shares were granted in lieu of director fees at a price of $40.44 per share.
• Following the transaction, Quirk directly owns 68,956 shares of F&G Annuities & Life common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction, and there's no indication of significant positive or negative implications.

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 and conserving company cash.

Comparison to Industry Standards

• Comparing director compensation structures across similar insurance and financial services companies would provide context on whether this arrangement is typical.
• Companies like Prudential, MetLife, and Lincoln National could be considered peers for benchmarking purposes.

Stakeholder Impact

• The transaction has a minimal impact on shareholders, as it's a small number of shares relative to the total outstanding.

Key Dates