[Form 4] American Financial Group, Inc. Insider Trading Activity

Rhea-AI Filing Summary

American Financial Group’s (AFG) Senior Vice President & General Counsel, Mark A. Weiss, filed a Form 4 reporting a single insider transaction dated 24 June 2025.

• Transaction type: Code G (bona-fide gift) of 200 common shares held indirectly through a trust at a price of $0.
• Post-transaction ownership: 9,167 shares indirectly (trust) and 10,134 shares directly, totaling 19,301 shares.
• Impact: The gifted amount represents an immaterial reduction in ownership and does not indicate a sale for personal gain.

No derivative securities were involved, and there are no indications of a Rule 10b5-1 trading plan. Given the small size of the transfer relative to AFG’s outstanding share count, the filing is routine and unlikely to influence the company’s valuation or governance outlook.

Insights

Corporate Governance Expert

Sr. VP Weiss gifted 200 shares; negligible impact on AFG investors.

The filing shows a non-monetary disposition (Code G) of 200 shares from an indirect trust, leaving the executive with roughly 19.3 k shares. Such a minor, no-price transfer neither signals insider pessimism nor materially changes his economic exposure. The absence of sales for consideration or derivative activity suggests normal estate or charitable planning. Accordingly, the event is neutral for investors—informative from a compliance standpoint but not value-moving.

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Weiss Mark A

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Sr. VP & General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
06/24/2025

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	06/24/2025		G		200	D	$0	9,167	I	By Trust
Common Stock								10,134	D

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:

	Mark A. Weiss By: Joseph C. Alter, as Attorney-in-Fact	06/26/2025
	** 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

How many AFG shares did Mark A. Weiss transfer on 24 June 2025?

200 common shares were transferred as a bona-fide gift.

What is Mark A. Weiss’s total AFG ownership after the gift?

He holds 19,301 shares in total—9,167 indirectly and 10,134 directly.

What does transaction code "G" signify in the Form 4?

Code G denotes a bona-fide gift of securities with no consideration received.

Were any derivative securities reported in this filing?

No; Table II is blank, indicating no derivative positions were affected.

Does the filing reference a Rule 10b5-1 trading plan?

The form does not indicate that the transaction was made under a 10b5-1 plan.