American Financial Group filings document the regulatory record of a specialty property and casualty insurance holding company. Its 8-K reports include operating and financial results, investor supplements, dividend declarations, share repurchase authorization, executive compensation plan matters and debt-related capital-structure disclosures.
AFG's proxy materials cover board elections, auditor ratification and advisory executive compensation votes. Its securities disclosures identify NYSE-listed common stock under AFG and listed subordinated debentures, while material-event filings describe senior note and debenture obligations, governance actions and other corporate finance matters.
American Financial Group director Stephen Craig Lindner Jr reported an acquisition of restricted stock through indirect holdings. On February 26, 2026, entities associated with him received a grant of 3,389 shares of common stock at $0.0000 per share, described as restricted stock that vests four years from the grant date.
After this grant, one indirect holding shows 329,163 common shares, held in trusts for which he has voting and dispositive power. Additional indirect holdings include 53,620 shares, 10,327 shares held by his spouse, and 4,212.01 share-equivalents in a retirement plan, each economically equivalent to one common share.
American Financial Group President and director John B. Berding reported an acquisition of 8,847 shares of common stock on February 26, 2026. This was a grant of restricted stock at $0.00 per share that, according to the disclosure, vests four years from the grant date.
Following this award, Berding directly owns 77,616 common shares. He also reports indirect holdings, including 1,899 shares held by a trust, 5,153 shares in the Employee Stock Purchase Plan as of December 31, 2025, 1,045.2238 ESPP DRIP shares as of that same date, and 51,904.2124 share-equivalent units in a retirement plan where each unit is economically equivalent to one share of common stock.
American Financial Group reports solid 2025 results grounded in specialty property and casualty insurance. Net written premiums were $7.11 billion, with a GAAP combined ratio of 91.0%, indicating an underwriting profit and continued discipline despite competitive markets.
Underwriting gain was $629 million, and catastrophe losses net of reinsurance totaled $137 million, lower than in 2024. Management highlights its niche focus, decentralized underwriting and long-term track record, noting its statutory combined ratio averaged 90.5% from 2016–2025 versus 98.1% for the commercial lines industry.
The investment portfolio totaled $17.18 billion, heavily weighted to investment‑grade fixed maturities, with a 2025 fixed‑maturity earned yield of 5.1% and a total return of 7.5%. AFG also details extensive catastrophe and crop reinsurance protections, robust human capital metrics, and a broad risk factor discussion covering catastrophes, climate, AI, cyber security, litigation, regulation and capital markets.
American Financial Group director and Co-CEO Carl H. Lindner III, through an associated trust, reported a tax-withholding disposition of 3,810 shares of common stock on February 23, 2026. The shares were delivered to satisfy tax obligations rather than sold in an open-market trade.
After this transaction, the reporting structures show 3,138,774 shares held indirectly in the trust labeled Indirect #1, along with additional indirect holdings in several other trusts and entities, including 343,162 shares in Indirect #2 and 838,480 shares in Indirect #12.
AMERICAN FINANCIAL GROUP Co-CEO Craig S. Lindner reported an insider transaction involving indirectly held Common Stock. On February 23, 2026, an entity associated with him disposed of 3,300 shares at an average price of $129.8475 per share to satisfy tax obligations through share withholding. The shares are held indirectly as trustee of the SCL Living Trust, which held 2,857,421 shares after this transaction. Additional indirect holdings are reported through several trusts and the company’s Retirement and Savings Plan.
American Financial Group director Stephen Craig Lindner Jr. reported an indirect tax-withholding disposition of 761 shares of common stock on February 23, 2026, at $129.8475 per share. The shares were delivered to cover taxes rather than sold in an open-market trade.
After this transaction, indirect holdings included 325,774 shares in trusts where he has voting and dispositive power, plus additional indirect positions for his children, spouse, and in a retirement plan that tracks common stock value.
American Financial Group insider activity shows trusts associated with President of a subsidiary David Lawrence Thompson Jr using shares to cover taxes. On February 23, 2026, these trusts disposed of 1,098 shares of common stock in a tax-withholding disposition at $129.8475 per share.
After this transaction, the trusts reported 590,241.586 shares held indirectly. Separate indirect holdings reported as trustee totaled 357,044 shares, and holdings as custodian for minor children totaled 29,750.258 shares. Footnotes state the shares are held in family trusts, and Thompson Jr disclaims beneficial ownership beyond his family's pecuniary interest.
American Financial Group President and director John B. Berding reported a tax-related share disposition through a Form 4 filing. On February 23, 2026, he disposed of 2,050 shares of common stock at $129.8475 per share to cover tax withholding, a non‑open‑market transaction. After this, he directly owned 68,769 common shares. The filing also lists indirect holdings, including 1,899 shares by a trust, 5,153 shares via the Employee Stock Purchase Plan, 1,045.2238 shares through an ESPP dividend reinvestment program, and 51,904.2124 share equivalents in a retirement plan, with plan balances based on statements as of December 31, 2025.
American Financial Group Senior Vice President Michelle A. Gillis reported a Form 4 showing a tax-related share disposition. On 2026-02-23, she disposed of 730 shares of common stock at $129.8475 per share through a tax-withholding disposition to cover tax liabilities. After this, she directly owned 12,370 common shares. She also reported indirect holdings, including shares held in the MAG Trust U/A 10/3/23, the JSG Trust U/A 10/3/23, and shares in the company’s Employee Stock Purchase Plan and its DRIP, with ESPP-related amounts based on statements as of 12/31/2024.