AIG director granted deferred stock units
AMERICAN INTERNATIONAL GROUP, INC. director Linda A. Mills reported routine equity compensation in the form of deferred stock units (DSUs).
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Rhea-AI Filing Summary
AMERICAN INTERNATIONAL GROUP, INC. director Linda A. Mills reported routine equity compensation in the form of deferred stock units (DSUs). She acquired 290 DSUs as non-employee director compensation and 505 additional DSUs as dividend equivalents on previously granted DSUs. All DSUs will be settled 1-for-1 in AIG common stock when her Board service ends, unless she elects to defer the vesting date. These awards involve no open-market buying or selling of AIG shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Unit | 505 | $0.00 | $0.00 |
| Grant/Award | Deferred Stock Unit | 290 | $0.00 | $0.00 |
Footnotes (3)
- F1. 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.
- F2. Reflects DSUs previously granted as compensation for service as a non-employee director.
- F3. This form reports the accrual of dividend equivalents on DSUs previously granted to the reporting person as non-employee director compensation in the form of additional DSUs. All 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.
Key Figures
Key Terms
Deferred Stock Unit financial
dividend equivalent rights financial
non-employee director compensation financial
FAQ
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What did AIG director Linda A. Mills report in this Form 4 transaction?
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