AIG director granted 2,441 deferred stock units
AMERICAN INTERNATIONAL GROUP, INC. director Linda A. Mills received an award of 2,441 deferred stock units as non-employee director compensation.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Unit | 2,441 | $0.00 | $0.00 |
Footnotes (2)
- 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.
Key Figures
Key Terms
Deferred Stock Unit financial
non-employee director compensation financial
dividend equivalent rights financial
1-to-1 basis financial
vesting period financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did AIG director Linda A. Mills report on this Form 4?
How and when will Linda A. Mills’s AIG deferred stock units be settled?
How many AIG deferred stock units does Linda A. Mills hold after this award?
Does the AIG deferred stock unit award to Linda A. Mills include dividend equivalents?
Is Linda A. Mills’s AIG Form 4 transaction a stock purchase or market trade?
AI-generated analysis. How Rhea-AI works. Not financial advice.