AIG (AIG) director Peter Porrino receives 2,441 deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AMERICAN INTERNATIONAL GROUP, INC. director Peter R. Porrino received an award of 2,441 Deferred Stock Units as non-employee director compensation. These DSUs convert into an equal number of AIG common shares when his board service ends, and his total DSU holdings increased to 53,209 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Porrino Peter R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Unit | 2,441 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Unit — 53,209 shares (Direct, null)
Footnotes (1)
- These deferred stock units ("DSUs") were awarded as non-employee director compensation. The 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. This award includes dividend equivalent rights that accrue during the vesting period in the form of DSUs. Reflects DSUs previously granted as compensation for service as a non-employee director.
Key Figures
Deferred Stock Units granted: 2,441 units
Grant price per unit: $0.00
Deferred Stock Units after grant: 53,209 units
+1 more
4 metrics
Deferred Stock Units granted
2,441 units
Non-employee director compensation on 2026-05-13
Grant price per unit
$0.00
Deferred Stock Unit award to director
Deferred Stock Units after grant
53,209 units
Total DSUs held following transaction
Conversion ratio
1-to-1
Each DSU settles into one share of common stock
Key Terms
Deferred Stock Unit, non-employee director compensation, dividend equivalent rights
3 terms
Deferred Stock Unit financial
"These deferred stock units ("DSUs") were awarded as non-employee director compensation."
A deferred stock unit (DSU) is a promise from a company to give an employee or director the value of a share at a future date, paid in actual shares or cash when certain conditions are met (such as retirement or a set date). Think of it like a gift card that converts to company stock later; it aligns pay with long‑term performance and can affect future share count, compensation expense and potential cash needs, so investors watch DSUs for their impact on dilution and company finances.
non-employee director compensation financial
"These deferred stock units ("DSUs") were awarded as non-employee director compensation."
dividend equivalent rights financial
"This award includes dividend equivalent rights that accrue during the vesting period in the form of DSUs."
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
FAQ
What insider transaction did AIG director Peter R. Porrino report?
Peter R. Porrino reported receiving 2,441 Deferred Stock Units as compensation for serving as a non-employee director. These units were granted at a price of $0.00 per unit and increase his total Deferred Stock Unit holdings to 53,209.
How do the AIG Deferred Stock Units granted to Peter R. Porrino settle?
The Deferred Stock Units settle in AIG common stock on a 1-to-1 basis. Settlement occurs on the last trading day of the month in which his board service ends, unless he has elected to defer the vesting date further.
Are dividend equivalents included in Peter R. Porrino’s AIG Deferred Stock Units?
Yes. The award includes dividend equivalent rights that accrue during the vesting period in the form of additional Deferred Stock Units. This means any dividends on AIG common stock are mirrored by extra DSUs credited to the director’s account.
What is Peter R. Porrino’s AIG Deferred Stock Unit balance after this grant?
After receiving 2,441 new Deferred Stock Units, Peter R. Porrino holds a total of 53,209 Deferred Stock Units. This balance reflects units previously granted plus the latest non-employee director compensation award reported in this Form 4 filing.
Does the AIG Form 4 show a purchase or sale by Peter R. Porrino?
No open-market purchase or sale is reported. The Form 4 shows a grant of 2,441 Deferred Stock Units coded as an acquisition (A) for director compensation, not a buy or sell transaction in the market.