AIG (AIG) EVP uses 12,744 shares to cover taxes on vested RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AMERICAN INTERNATIONAL GROUP, INC. executive Charles Fry reported a tax-related share disposition. On the reported date, 12,744 shares of AIG common stock were withheld at $80.49 per share to cover tax obligations tied to vested performance and restricted stock units. After this withholding, Fry directly held 56,314 common shares. Footnotes explain the transaction reflects taxes on 2023–2025 awards that recently vested and note additional unvested RSUs that remain outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fry Charles
Role
EVP, Reinsur & Risk Cap Optim
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 12,744 | $80.49 | $1.03M |
Holdings After Transaction:
Common Stock — 56,314 shares (Direct)
Footnotes (1)
- Represents shares withheld for the payment of taxes in connection with the settlement in AIG common stock of the 2023 Performance Share Units, 2023 Restricted Stock Units ("RSUs"), 2024 RSUs and 2025 RSUs that vested on January 1, 2026, February 21, 2026, February 20, 2026 and February 18, 2026, respectively. Includes (i) 7,083 2026 RSUs, (ii) 4,390 2025 RSUs, (iii) 6,690 RSUs and (iv) 2,446 2024 RSUs.
FAQ
What insider transaction did AIG EVP Charles Fry report on this Form 4?
Charles Fry reported a tax-withholding disposition of 12,744 AIG common shares. These shares were withheld to pay taxes due on recently vested performance and restricted stock units, rather than being an open-market sale, and were priced at $80.49 per share.
Does Charles Fry still hold unvested AIG restricted stock units after this transaction?
Yes. Footnotes state his holdings include 7,083 2026 RSUs, 4,390 2025 RSUs, 6,690 RSUs, and 2,446 2024 RSUs. These awards remain outstanding and are separate from the 12,744 common shares withheld to satisfy tax obligations on previously vested awards.
What does transaction code F mean in Charles Fry’s AIG Form 4?
Transaction code F indicates a disposition to satisfy tax liability or exercise costs by delivering securities. In this case, 12,744 AIG shares were withheld to cover taxes on vested performance and restricted stock units, rather than being sold in a discretionary market transaction.