Tax-withholding share move by AIG (NYSE: AIG) CEO Peter Zaffino
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AMERICAN INTERNATIONAL GROUP, INC. Chairman & CEO Peter Zaffino reported a tax-related share disposition. He disposed of 134,150 shares of AIG common stock at $80.49 per share in a transaction coded "F," which reflects shares withheld to cover tax obligations.
According to the footnote, these shares were withheld to pay taxes tied to 2023 Performance Share Units that vested on January 1, 2026, rather than sold in an open-market trade. After this withholding transaction, Zaffino directly owned 792,833 AIG common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Zaffino Peter
Role
Chairman & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 134,150 | $80.49 | $10.80M |
Holdings After Transaction:
Common Stock — 792,833 shares (Direct)
Footnotes (1)
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FAQ
What did AIG (AIG) CEO Peter Zaffino report in this Form 4 filing?
Peter Zaffino reported a tax-withholding disposition of 134,150 AIG common shares at $80.49 per share. The shares were withheld to cover taxes on 2023 Performance Share Units that vested January 1, 2026, not sold in an open-market transaction.
What does transaction code "F" mean in the AIG (AIG) CEO’s Form 4?
Transaction code "F" indicates a disposition of shares to pay an exercise price or tax liability by delivering securities. In this case, 134,150 AIG shares were withheld to cover taxes on vested 2023 Performance Share Units rather than sold in the open market.