AIG (AIG) director Linda Mills granted 2,441 deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AMERICAN INTERNATIONAL GROUP, INC. director Linda A. Mills received an award of 2,441 deferred stock units as non-employee director compensation. These units represent the right to receive an equal number of AIG common shares in the future rather than cash fees.
The deferred stock units will convert into AIG common stock on a 1-to-1 basis on the last trading day of the month in which her board service ends, unless she elects to defer that date. The award also carries dividend equivalent rights that accrue as additional deferred stock units. Following this grant, she holds 47,344 deferred stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MILLS LINDA A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Unit | 2,441 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Unit — 47,344 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
Deferred stock units after grant: 47,344 units
Settlement ratio: 1-to-1
+2 more
5 metrics
Deferred stock units granted
2,441 units
Non-employee director compensation on 2026-05-13
Deferred stock units after grant
47,344 units
Total DSUs held directly following the reported award
Settlement ratio
1-to-1
Each deferred stock unit settles into one AIG common share
Award price per unit
$0.00 per unit
Equity compensation grant, no cash paid by director
Transaction code
A
Grant, award, or other acquisition of derivative security
Key Terms
Deferred Stock Unit, non-employee director compensation, dividend equivalent rights, 1-to-1 basis, +1 more
5 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.
1-to-1 basis financial
"The DSUs will be settled in shares of AIG common stock on a 1-to-1 basis"
vesting period financial
"dividend equivalent rights that accrue during the vesting period in the form of DSUs."
A vesting period is the set amount of time someone must wait before they fully own granted shares, stock options, or other equity tied to their work or an agreement; ownership increases gradually or in steps during that time. Investors care because vesting determines when insiders or employees can sell shares, which affects future supply of stock, company incentives and executive retention—think of it like unlocking ownership over installments rather than receiving it all at once.
FAQ
What insider transaction did AIG director Linda A. Mills report on this Form 4?
Linda A. Mills reported receiving 2,441 deferred stock units as non-employee director compensation. These units are a stock-based award, not an open-market purchase, and will eventually convert into AIG common shares on a 1-to-1 basis.
How and when will Linda A. Mills’s AIG deferred stock units be settled?
The deferred stock units will be settled in AIG common stock on a 1-to-1 basis. Settlement occurs on the last trading day of the month in which her board service ends, unless she elects to defer that vesting date further.
How many AIG deferred stock units does Linda A. Mills hold after this award?
After the 2,441-unit grant, Linda A. Mills holds 47,344 deferred stock units. This reflects cumulative awards she has received as compensation for serving as a non-employee director on AIG’s board over time.
Does the AIG deferred stock unit award to Linda A. Mills include dividend equivalents?
Yes. The award includes dividend equivalent rights that accrue during the vesting period. Any dividends paid on AIG common stock generate additional deferred stock units credited to her account instead of cash payments.
Is Linda A. Mills’s AIG Form 4 transaction a stock purchase or market trade?
The transaction is a grant of deferred stock units as compensation, not a market trade. She did not buy or sell shares in the open market; she received a stock-based award for her non-employee director service.