AIG (NYSE: AIG) director receives additional deferred stock unit awards
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
MILLS LINDA A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Unit | 505 | $0.00 | -- |
| Grant/Award | Deferred Stock Unit | 290 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Unit — 47,849 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. 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
Deferred stock units grant: 290 units
Dividend equivalent DSUs: 505 units
DSU settlement ratio: 1-to-1
+1 more
4 metrics
Deferred stock units grant
290 units
Non-employee director compensation on July 1, 2026
Dividend equivalent DSUs
505 units
Dividend equivalents credited on DSUs on July 1, 2026
DSU settlement ratio
1-to-1
Each DSU settles into one share of AIG common stock
Grant price per DSU
$0.00
Compensation award, not an open-market trade
Key Terms
Deferred Stock Unit, dividend equivalent rights, non-employee director compensation, settled in shares
4 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.
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.
non-employee director compensation financial
"These deferred stock units ("DSUs") were awarded as non-employee director compensation."
FAQ
What did AIG director Linda A. Mills report in this Form 4 transaction?
Linda A. Mills reported receiving additional deferred stock units (DSUs) as compensation. She was granted 290 DSUs for service as a non-employee director and 505 DSUs as dividend equivalents on previously granted DSUs, with no open-market share purchases or sales involved.
How many AIG deferred stock units did Linda A. Mills receive on July 1, 2026?
On July 1, 2026, Linda A. Mills received 290 deferred stock units as director compensation and 505 deferred stock units as dividend equivalents. Both grants are derivative awards that convert into AIG common stock on a 1-to-1 basis at a future settlement date.
Are Linda A. Mills’s AIG deferred stock unit awards open-market purchases or sales?
These transactions are not open-market purchases or sales. They are grants of deferred stock units and accrual of dividend equivalents as non-employee director compensation, awarded at a price of $0.00 per unit rather than via market trading activity.
What are dividend equivalents on AIG deferred stock units in this filing?
Dividend equivalents are additional deferred stock units credited based on dividends paid on AIG common stock. In this filing, 505 DSUs were granted as dividend equivalents on previously granted DSUs, increasing the number of units that will eventually settle into common shares.