Senior VP at American Financial (NYSE: AFG) sells 2,247 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
American Financial Group Senior Vice President Michelle A. Gillis reported an open-market sale of 2,247 shares of common stock at a weighted average price of $139 per share. The sale occurred on June 24, 2026 and left her with 13,135 directly owned shares.
She also reports several indirect holdings, including 29,790.074 shares in an entity labeled Indirect #1, 11,454 shares in Indirect #2, 3,249.7158 shares through the Employee Stock Purchase Plan as of December 31, 2025, and 11.0597 ESPP dividend reinvestment shares as of that same date. The sale price reflects multiple trades between $138.95 and $139.06.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,247 shares ($312,333)
Net Sell
5 txns
Insider
Gillis Michelle A
Role
Senior Vice President
Sold
2,247 shs ($312K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,247 | $139.00 | $312K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 13,135 shares (Direct, null);
Common Stock — 29,790.074 shares (Indirect, Indirect #1)
Footnotes (1)
- Indirect #1: MAG Trust U/A 10/3/23 Indirect #2: JSG Trust U/A 10/3/23 Shares owned by the reporting Person in the Issuer's Employee Stock Purchase Plan (the "ESPP"). All ESPP information reporting herein is based on a plan statement dated as of 12/31/2025. Represents ESPP DRIP shares held by reporting person as of 12/31/2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $138.95 to $139.06, inclusive. The reporting person undertakes to provide to American Financial Group, Inc., ("AFG"), any security holder of AFG, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4
Key Figures
Shares sold: 2,247 shares
Weighted average sale price: $139.00 per share
Sale price range: $138.95–$139.06 per share
+5 more
8 metrics
Shares sold
2,247 shares
Open-market sale on June 24, 2026
Weighted average sale price
$139.00 per share
Common stock sale on June 24, 2026
Sale price range
$138.95–$139.06 per share
Price range for multiple sale transactions
Direct holdings after sale
13,135 shares
Common stock directly owned following the transaction
Indirect #1 holdings
29,790.074 shares
Indirect #1 (MAG Trust U/A 10/3/23)
Indirect #2 holdings
11,454.0000 shares
Indirect #2 (JSG Trust U/A 10/3/23)
ESPP holdings
3,249.7158 shares
Employee Stock Purchase Plan as of December 31, 2025
ESPP DRIP holdings
11.0597 shares
ESPP dividend reinvestment as of December 31, 2025
Key Terms
Employee Stock Purchase Plan, ESPP DRIP, weighted average price, Trust U/A 10/3/23, +1 more
5 terms
Employee Stock Purchase Plan financial
"Shares owned by the reporting Person in the Issuer's Employee Stock Purchase Plan (the "ESPP")."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
ESPP DRIP financial
"Represents ESPP DRIP shares held by reporting person as of 12/31/2025."
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Trust U/A 10/3/23 financial
"Indirect #1: MAG Trust U/A 10/3/23"
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did AFG executive Michelle Gillis report on this Form 4?
Michelle A. Gillis reported selling 2,247 shares of American Financial Group common stock in an open-market transaction at a weighted average price of $139 per share. The trades occurred on June 24, 2026, within a narrow price range between $138.95 and $139.06.
What does the ESPP information in Michelle Gillis’s AFG Form 4 represent?
The ESPP holdings represent shares owned through American Financial Group’s Employee Stock Purchase Plan based on a plan statement dated December 31, 2025. The filing also lists a separate ESPP dividend reinvestment balance, giving more detail on her indirect ownership via company-sponsored share accumulation programs.