AIG (NYSE: AIG) director adds deferred stock units via awards, dividends
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AMERICAN INTERNATIONAL GROUP, INC. director Peter R. Porrino reported awards of deferred stock units as part of his non-employee director compensation. He received 545 deferred stock units (DSUs) that will convert into the same number of AIG common shares on a 1-to-1 basis when his board service ends.
The filing also records 299 additional DSUs credited as dividend equivalents on previously granted DSUs, increasing his deferred stock unit balance to 50,768 units following these accruals. All DSUs are scheduled to be settled in AIG common stock on the last trading day of the month in which his board service ends, unless he elects to defer that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Porrino Peter R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Unit | 545 | $0.00 | -- |
| Grant/Award | Deferred Stock Unit | 299 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Unit — 50,469 shares (Direct)
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 ends, unless the director has elected to defer the vesting date.
Key Figures
New DSU award: 545 deferred stock units
Dividend-equivalent DSUs: 299 deferred stock units
DSUs after dividend accrual: 50,768 deferred stock units
+2 more
5 metrics
New DSU award
545 deferred stock units
Granted as non-employee director compensation on April 1, 2026
Dividend-equivalent DSUs
299 deferred stock units
Accrued as dividend equivalents on previously granted DSUs
DSUs after dividend accrual
50,768 deferred stock units
Holdings following reported DSU dividend-equivalent transaction
Settlement ratio
1 DSU = 1 common share
All DSUs settled in AIG common stock on a 1-to-1 basis
Settlement timing condition
Last trading day of month board service ends
Standard settlement timing unless the director elects to defer
Key Terms
Deferred Stock Unit, dividend equivalent rights, non-employee director compensation, settled in shares of AIG common stock
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 (AIG) director Peter R. Porrino report on this Form 4?
Peter R. Porrino reported receiving additional deferred stock units as part of his non-employee director compensation. The filing shows new DSU awards and dividend-equivalent accruals that will ultimately be settled in AIG common stock when his board service ends.
How many new deferred stock units did AIG director Porrino receive?
Porrino received 545 deferred stock units as a non-employee director award and 299 additional units as dividend equivalents. Together, these transactions increased his deferred stock unit holdings that are scheduled to convert into AIG common shares on a 1-to-1 basis at settlement.
When will Peter R. Porrino’s AIG deferred stock units be settled?
All deferred stock units will be settled in AIG common stock on a 1-to-1 basis on the last trading day of the month in which his board service ends, unless he separately elects to defer that vesting and settlement date under the company’s applicable arrangements.
What are dividend equivalent rights on AIG deferred stock units?
Dividend equivalent rights credit additional deferred stock units when AIG pays dividends on its common stock. For Porrino, these rights accrued 299 extra DSUs, so his deferred compensation tracks dividends over time and will convert into additional AIG common shares at settlement.
How many deferred stock units does AIG director Porrino hold after these transactions?
After these transactions, Porrino holds 50,768 deferred stock units. These units represent a right to receive the same number of AIG common shares in the future, generally on the last trading day of the month when his service on the Board of Directors ends.