AIG (NYSE: AIG) CEO receives 2026 option grant and performance shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AMERICAN INTERNATIONAL GROUP, INC. Chairman & CEO Peter Zaffino reported equity compensation awards tied to long-term performance and retention. He acquired 205,495 2026 stock options at a price of $0.00 per option and 274,163 shares of common stock, both as grants or awards rather than open‑market purchases.
The 2026 stock options will vest in three equal installments on February 17, 2027, 2028 and 2029, conditioned on his continued employment through each vesting date. The common stock amount reflects performance share units granted in 2023 that were earned based on pre‑established goals over a three‑year period ending December 31, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Zaffino Peter
Role
Chairman & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | 2026 Stock Options (Right to Buy) | 205,495 | $0.00 | -- |
| Grant/Award | Common Stock | 274,163 | $0.00 | -- |
Holdings After Transaction:
2026 Stock Options (Right to Buy) — 205,495 shares (Direct);
Common Stock — 926,983 shares (Direct)
Footnotes (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. 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.
FAQ
What equity awards did AIG (AIG) CEO Peter Zaffino report in this Form 4?
Peter Zaffino reported receiving 205,495 2026 stock options and 274,163 shares of AIG common stock. Both are categorized as grant or award acquisitions, not open-market purchases, and reflect long-term incentive compensation determined by AIG’s compensation committee.
How do Peter Zaffino’s 2026 AIG stock options vest?
The 2026 AIG stock options vest ratably over three years on February 17, 2027, February 17, 2028 and February 17, 2029. Vesting is subject to Zaffino’s continued employment with AIG through each applicable vesting date, aligning the award with multi‑year service.
Were Peter Zaffino’s recent AIG equity awards open-market stock purchases?
No, the reported transactions are grant or award acquisitions, not open-market purchases. They consist of 205,495 2026 stock options and 274,163 common shares tied to long‑term incentive and performance programs administered by AIG’s compensation committee.
What role did AIG’s Compensation and Management Resources Committee play in these awards?
AIG’s Compensation and Management Resources Committee determined on February 17, 2026, how many 2023 performance share units were earned. Their decision, based on pre‑set performance goals over three years, resulted in the 274,163 common shares reported for Peter Zaffino.