AIG chair awarded 6,241 RSU dividend equivalents
Zaffino Peter reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Zaffino Peter reported acquisition or exercise transactions in this Form 4 filing.
AMERICAN INTERNATIONAL GROUP, INC. Executive Chairman Peter Zaffino reported an automatic compensation-related accrual on his existing equity awards. He received 6,241 November 2022 RSUs dividend equivalents, reflecting reinvested dividends on his November 10, 2022 restricted stock units. After this grant, his reported RSU balance tied to this award is 76,111 units. According to the disclosure, these additional RSUs will vest on November 10, 2027 and will settle in cash rather than shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | November 2022 RSUs Dividend Equivalents | 6,241 | $0.00 | $0.00 |
Footnotes (1)
- F1. This form reports the accrual of dividend equivalents on Mr. Zaffino's November 10, 2022 restricted stock units ("RSUs") in the form of additional RSUs which will vest on November 10, 2027 and settle in cash.
Key Figures
Key Terms
dividend equivalents financial
restricted stock units ("RSUs") financial
settle in cash financial
FAQ
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What did AIG Executive Chairman Peter Zaffino report on this Form 4 for AIG?
How many RSU dividend equivalents did Peter Zaffino receive from AIG?
What is Peter Zaffino’s RSU balance after this AIG transaction?
When will Peter Zaffino’s new AIG RSU dividend equivalents vest and settle?
Is this AIG Form 4 transaction routine executive compensation?
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