AIG (NYSE: AIG) risk chief Christopher Schaper reports new stock and option awards

Rhea-AI Filing Summary

Schaper Christopher reported acquisition or exercise transactions in this Form 4 filing.

AMERICAN INTERNATIONAL GROUP, INC. EVP and Chief Risk Officer Christopher Schaper reported equity awards rather than open-market trades. On February 17, 2026, he received 21,136 2026 stock options and two separate common stock awards of 22,845 and 5,838 shares, all at a per-share price of $0.00 as compensation.

The filing notes performance share units granted in 2023 that were earned based on pre-set goals for a three-year period ended December 31, 2025, and a new restricted stock unit grant scheduled to vest in three equal installments on February 17, 2027, February 17, 2028, and February 17, 2029, subject to continued employment. After these transactions, Schaper directly holds 21,136 stock options and 109,681 shares of common stock, including multiple restricted stock unit awards.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Schaper Christopher

(Last) (First) (Middle)

C/O AMERICAN INTERNATIONAL GROUP, INC.

1271 AVE OF THE AMERICAS

(Street)

NEW YORK NY 10020-1304

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
AMERICAN INTERNATIONAL GROUP, INC. [ AIG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Chief Risk Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/17/2026		A		22,845(1)	A	$0	103,843	D
Common Stock	02/17/2026		A		5,838(2)	A	$0	109,681(3)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
2026 Stock Options (Right to Buy)	$79.4	02/17/2026		A		21,136		(4)	02/17/2036	Common Stock	21,136	$0	21,136	D

Explanation of Responses:

1. Reflects the AIG Compensation and Management Resources Committee's determination on February 17, 2026 as to the amount of performance share units granted in 2023 that were earned based on pre-established performance goals for the three-year performance period ended December 31, 2025.

2. Represents the grant of Restricted Stock Units ("RSUs") on February 17, 2026 which will vest ratably over three years on February 17, 2027, February 17, 2028 and February 17, 2029, subject to the reporting person's continued employment. Each RSU represents the contingent right to receive one share of AIG common stock upon vesting.

3. Includes (i) 5,838 2026 RSUs, (ii) 3,962 2025 RSUs, (iii) 6,690 RSUs and (iv) 4,294 2024 RSUs.

4. Represents the grant of 2026 Stock Options. The 2026 Stock Options will vest ratably over three years on February 17, 2027, February 17, 2028 and February 17, 2029, subject to the reporting person's continued employment through each applicable vesting date.

Remarks:

	/s/ Linda B. Kalayjian, by POA from Christopher Schaper	02/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What equity awards did AIG EVP Christopher Schaper report on this Form 4?

Christopher Schaper reported equity compensation awards, not market purchases. He received 21,136 2026 stock options and common stock awards of 22,845 shares and 5,838 shares, all at a grant price of $0.00 per share as part of his compensation package.

How many AIG common shares does Christopher Schaper hold after these transactions?

After the reported awards, Christopher Schaper directly holds 109,681 shares of AIG common stock. This total includes multiple restricted stock unit awards, such as 5,838 2026 RSUs, 3,962 2025 RSUs, 6,690 RSUs, and 4,294 2024 RSUs, according to the footnote disclosure.

What are the vesting terms of Christopher Schaper’s new AIG RSU grant?

The new restricted stock units granted on February 17, 2026 vest ratably over three years. Vesting dates are February 17, 2027, February 17, 2028, and February 17, 2029, and each RSU converts into one share of AIG common stock if Schaper remains employed through each vesting date.

How are Christopher Schaper’s AIG 2026 stock options scheduled to vest?

The 2026 stock options vest in three equal annual installments. Vesting is scheduled for February 17, 2027, February 17, 2028, and February 17, 2029, and each tranche requires Christopher Schaper’s continued employment with AIG through the applicable vesting date, as described in the footnote.

What performance period determined part of Christopher Schaper’s AIG stock award?

Part of the reported stock award reflects performance share units originally granted in 2023. These units were earned based on pre-established performance goals measured over a three-year performance period that ended on December 31, 2025, as determined by AIG’s Compensation and Management Resources Committee.

Did Christopher Schaper buy or sell AIG shares in the open market in this Form 4?

The Form 4 shows awards classified as acquisitions, not open-market trades. All reported transactions have a grant price of $0.00 per share and are described as grants or earned performance-based awards, indicating compensation-related equity rather than discretionary buying or selling in the market.