AIG director granted 15 deferred stock units
Stoddard Thomas D reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Stoddard Thomas D reported acquisition or exercise transactions in this Form 4 filing.
AMERICAN INTERNATIONAL GROUP, INC. director Thomas D. Stoddard reported a compensation-related grant of derivative securities. He accrued 15 deferred stock units (DSUs) as dividend equivalents on DSUs previously granted for his service as a non-employee director.
Following this accrual, Stoddard holds 2,402 DSUs, each scheduled to be settled in one share of AIG common stock on a 1-to-1 basis when his Board service ends, unless he elects to defer vesting further. This is a routine, non-cash equity award rather than an open-market purchase or sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Unit | 15 | $0.00 | $0.00 |
Footnotes (2)
- F1. This form reports the accrual of dividend equivalents on deferred stock units ("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 of Directors ends, unless the director has elected to defer the vesting date.
- F2. Reflects DSUs previously granted as compensation for service as a non-employee director.
Key Figures
Key Terms
Deferred Stock Unit financial
dividend equivalents financial
non-employee director compensation financial
deferred the vesting date financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did AIG director Thomas D. Stoddard report on this Form 4?
How many AIG deferred stock units does Thomas D. Stoddard hold after this transaction?
How will Thomas D. Stoddard’s AIG deferred stock units be settled in common stock?
Was cash paid or received in Thomas D. Stoddard’s reported AIG Form 4 transaction?
What is the purpose of the AIG deferred stock units granted to Thomas D. Stoddard?
AI-generated analysis. How Rhea-AI works. Not financial advice.