AIG Form 4: Diana M. Murphy receives 51 deferred stock units

Rhea-AI Filing Summary

Diana M. Murphy, a non-employee director of American International Group, Inc. (AIG), was awarded 51 deferred stock units (DSUs) as dividend equivalents on 10/01/2025. Those DSUs, which relate to DSUs previously granted under the 2021 Omnibus Incentive Plan, will convert on a 1-for-1 basis into AIG common shares when the director's board service ends (or on a deferred vesting date if elected). Following this report, the filing shows 9,012 shares beneficially owned (direct). The Form 4 was signed by a power of attorney and filed on 10/03/2025.

Positive

• 51 DSUs awarded as dividend equivalents, reflecting ongoing director compensation
• 9,012 shares beneficially owned following the reported transaction, showing continued director stake

Negative

• None.

Insights

Corporate Governance Analyst

Small dividend-equivalent DSU grant modestly increases director holdings to 9,012 shares.

The reported 51 DSUs are dividend equivalents tied to previously awarded DSUs under the 2021 Omnibus Incentive Plan, not new stock options or cash compensation.

This report documents routine director compensation and shows direct beneficial ownership of 9,012 shares, with settlement mechanics (1-for-1 conversion on service termination) clearly disclosed.

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

OMB APPROVAL

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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).

1. Name and Address of Reporting Person^*

MURPHY DIANA M

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

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

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
Deferred Stock Unit	(1)	10/01/2025		A		51(1)		(1)	(1)	Common Stock	51	(1)	9,012(2)	D

Explanation of Responses:

1. This award represents dividend equivalent rights in the form of deferred stock units ("DSUs") that are related to the DSUs previously awarded to the reporting person under the American International Group, Inc. ("AIG") 2021 Omnibus Incentive Plan (the "2021 Plan") as compensation for service as a non-employee director. Under such plan and the related award agreements, these DSUs -- along with the underlying previously awarded 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.

2. Reflects DSUs previously granted pursuant to the 2021 Plan.

	/s/ Linda B. Kalayjian, by POA from Diana M. Murphy	10/03/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Diana M. Murphy report on Form 4 for AIG?

The Form 4 reports receipt of 51 deferred stock units (DSUs) as dividend equivalents related to previously awarded DSUs under the 2021 Omnibus Incentive Plan.

How many AIG shares does Diana M. Murphy beneficially own after the transaction?

The filing shows 9,012 shares beneficially owned (direct) following the reported transaction.

When were the DSUs recorded and when was the Form 4 filed?

The DSUs are dated 10/01/2025 and the Form 4 was signed and filed on 10/03/2025.

How and when will the DSUs convert into AIG common stock?

Per the filing, the DSUs will be settled 1-for-1 into AIG common stock on the last trading day of the month in which the director's board service ends, unless the director elected to defer the vesting date.

Were these DSUs newly granted or dividend equivalents on previous DSUs?

The filing states these 51 DSUs represent dividend equivalent rights related to DSUs previously awarded under the 2021 Plan.