John G. Rice (AIG) Awarded 80 DSUs; Beneficial Holdings 14,514
Rhea-AI Filing Summary
John G. Rice, a director of American International Group, Inc. (AIG), reported on Form 4 that on 10/01/2025 he was awarded 80 deferred stock units (DSUs) representing dividend equivalents tied to previously granted DSUs under the 2021 Omnibus Incentive Plan. The DSUs will be settled 1-for-1 into AIG common shares on the last trading day of the month in which his board service ends unless he elected to defer the vesting date. Following the reported award, the filing shows beneficial ownership of 14,514 shares/DSUs. The Form 4 was signed by Linda B. Kalayjian as POA on 10/03/2025.
Positive
- 80 DSUs awarded as dividend equivalents under the 2021 Omnibus Incentive Plan
- Total beneficial ownership reported at 14,514 shares/DSUs, showing ongoing director alignment with shareholders
Negative
- None.
Insights
Routine director compensation: 80 DSUs awarded; total holdings 14,514.
This filing documents a customary non-employee director award: 80 DSUs were issued as dividend equivalents under the 2021 Omnibus Incentive Plan. Such DSUs typically align director pay with shareholder outcomes because they convert to common stock on a 1:1 basis.
The reported 14,514 beneficially owned shares/DSUs reflects cumulative holdings, including prior grants. The settlement timing—on the last trading day of the month when board service ends unless deferred—is specified in the award terms.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Unit | 80 | $0.00 | -- |
Footnotes (1)
- This award represents dividend equivalent rights in the form of deferred stock units ("DSUs") that are related to the DSUs previously awarded to the reporting person under the American International Group, Inc. ("AIG") 2021 Omnibus Incentive Plan (the "2021 Plan") as compensation for service as a non-employee director. Under such plan and the related award agreements, these DSUs -- along with the underlying previously awarded DSUs -- will be settled in shares of AIG common stock on a 1-to-1 basis on the last trading day of the month in which the director's service on the Board of Directors ends, unless the director has elected to defer the vesting date. Reflects DSUs previously granted pursuant to the 2021 Plan.