American Financial Group (NYSE: AFG) director discloses common stock gifts

Rhea-AI Filing Summary

American Financial Group director S. Craig Lindner Jr. reported several bona fide gifts of common stock dated December 15, 2025. Each transaction used code G, indicating a gift, with a reported price of $0 per share.

The disclosures show gifts of 276 shares to an indirect account labeled "Indirect #1," 828 shares to an account labeled "Indirect #2," and 276 shares held by his spouse. Following these transactions, he is reported as indirectly owning 326,432 shares through trusts, 53,179 shares held for the benefit of his children, and 10,180 shares through his spouse.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lindner Stephen Craig Jr

(Last) (First) (Middle)

301 EAST FOURTH STREET

(Street)

CINCINNATI OH 45202

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
AMERICAN FINANCIAL GROUP INC [ AFG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/15/2025		G		276	A	$0	326,432	I	By Indirect #1(1)
Common Stock	12/15/2025		G		828	A	$0	53,179	I	By Indirect #2(2)
Common Stock	12/15/2025		G		276	A	$0	10,180	I	By Spouse

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Held in trusts for which reporting person has voting and dispositive power.

2. Held for the benefit of reporting person's children.

	S. Craig Lindner, Jr. By: Joseph C. Alter, as Attorney-in-Fact	12/16/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did American Financial Group (AFG) disclose in this Form 4?

The filing reports that director S. Craig Lindner Jr. made bona fide gifts of American Financial Group common stock on December 15, 2025, using transaction code G with a reported price of $0 per share.

Who is the reporting person in this American Financial Group (AFG) Form 4?

The reporting person is S. Craig Lindner Jr., identified as a Director of American Financial Group Inc., filing the form as a single reporting person.

How many AFG shares does S. Craig Lindner Jr. indirectly own after the reported gifts?

After the reported transactions, he is shown as indirectly owning 326,432 shares in trusts labeled "Indirect #1," 53,179 shares in an account labeled "Indirect #2" for the benefit of his children, and 10,180 shares through his spouse.

Were these AFG transactions purchases, sales, or gifts of stock?

All reported transactions are coded G, which indicates bona fide gifts of American Financial Group common stock, each with a reported price of $0 per share rather than a purchase or sale.

How are the indirect AFG holdings of the reporting person structured?

The filing explains that the "Indirect #1" holdings are held in trusts for which the reporting person has voting and dispositive power, while the "Indirect #2" holdings are held for the benefit of his children, and additional shares are held through his spouse.

Does this Form 4 include any derivative securities of American Financial Group (AFG)?

The section for derivative securities (Table II) is present but does not list any derivative security transactions for this reporting person in the provided excerpt.