Form 4: F&G Director Raymond Quirk Receives Stock Grant

F&G Annuities & Life, Inc. director Raymond R. Quirk was granted 892 shares of common stock in lieu of cash director fees.

Summary

• Raymond R. Quirk, a Director of F&G Annuities & Life, Inc. (FG), acquired 892 shares of common stock.
• The transaction occurred on October 1, 2025, and was a grant of unrestricted common stock.
• The shares were granted in lieu of cash director fees, with a transaction price of $0 per share.
• Following this transaction, Mr. Quirk directly beneficially owns 17,870 shares of common stock.
• Additionally, Mr. Quirk indirectly beneficially owns 41 shares through a 401(k) plan and 152,696 shares through the Quirk 2002 Trust.

Sentiment

Score: 6

Explanation: The filing reports a routine insider transaction (stock grant for director fees), which is generally a neutral to slightly positive event as it aligns director interests with shareholders. It does not indicate any significant positive or negative operational or financial news.

Positives

• The grant of common stock aligns the director's interests more closely with those of shareholders.
• Receiving stock in lieu of cash fees demonstrates confidence in the company's future performance.

Industry Context

This is a routine disclosure of director compensation, a common practice across industries where non-executive directors receive a portion of their fees in company stock to align their interests with long-term shareholder value.

Comparison to Industry Standards

• Granting stock in lieu of cash fees is a standard practice for director compensation in many publicly traded companies, including those in the financial services and insurance sectors, such as Prudential Financial, MetLife, and Lincoln National Corporation, which often use equity awards to incentivize long-term performance and alignment.

Stakeholder Impact

• Shareholders: The grant of stock to a director can be seen as a positive, as it further aligns the director's financial interests with the long-term performance of the company, potentially leading to more shareholder-friendly decisions.

Key Dates

Keywords

F&G Annuities & Life, FG, Form 4, insider transaction, stock grant, director compensation, equity compensation, beneficial ownership