AIG (NYSE: AIG) director John G. Rice adds deferred stock units as board pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RICE JOHN G reported acquisition or exercise transactions in this Form 4 filing.
AMERICAN INTERNATIONAL GROUP, INC. director John G. Rice reported routine equity-based compensation in the form of deferred stock units (DSUs). He received an award of 115 DSUs and a separate accrual of 1,256 additional DSUs as dividend equivalents on previously granted DSUs.
The DSUs are granted as non-employee director compensation and each unit will be settled in one share of AIG common stock on a 1-to-1 basis. Settlement occurs on the last trading day of the month in which his Board service ends, unless he elects to defer the vesting date. These are not open-market purchases or sales, but part of his ongoing director compensation program.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
RICE JOHN G
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Unit | 1,256 | $0.00 | -- |
| Grant/Award | Deferred Stock Unit | 115 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Unit — 19,647 shares (Direct, null)
Footnotes (1)
- These deferred stock units ("DSUs") were awarded as non-employee director compensation. The 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. This award includes dividend equivalent rights that accrue during the vesting period in the form of DSUs. Reflects DSUs previously granted as compensation for service as a non-employee director. This form reports the accrual of dividend equivalents on 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.
Key Figures
Deferred stock units granted: 115 DSUs
Dividend-equivalent DSUs: 1,256 DSUs
Settlement ratio: 1 DSU : 1 share
+1 more
4 metrics
Deferred stock units granted
115 DSUs
Awarded as non-employee director compensation on 2026-07-01
Dividend-equivalent DSUs
1,256 DSUs
Accrued as dividend equivalents on previously granted DSUs
Settlement ratio
1 DSU : 1 share
Each DSU settles into one share of AIG common stock
Settlement timing
Last trading day of month service ends
Unless the director elects to defer vesting further
Key Terms
Deferred Stock Unit, dividend equivalent rights, non-employee director compensation, settled in shares of AIG common stock
4 terms
Deferred Stock Unit financial
"These deferred stock units ("DSUs") were awarded as non-employee director compensation."
A deferred stock unit (DSU) is a promise from a company to give an employee or director the value of a share at a future date, paid in actual shares or cash when certain conditions are met (such as retirement or a set date). Think of it like a gift card that converts to company stock later; it aligns pay with long‑term performance and can affect future share count, compensation expense and potential cash needs, so investors watch DSUs for their impact on dilution and company finances.
dividend equivalent rights financial
"This award includes dividend equivalent rights that accrue during the vesting period in the form of DSUs."
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
non-employee director compensation financial
"These deferred stock units ("DSUs") were awarded as non-employee director compensation."
FAQ
What did AIG director John G. Rice report on this Form 4 for AIG?
John G. Rice reported routine equity compensation, receiving deferred stock units rather than trading AIG shares. The filing shows a grant of 115 DSUs and an additional 1,256 DSUs credited as dividend equivalents linked to his prior director awards.
How many deferred stock units did John G. Rice receive from AIG?
He received 115 new deferred stock units and 1,256 additional units as dividend equivalents. Both entries are recorded as awards under transaction code “A,” reflecting grants or other acquisitions, rather than open-market buying or selling of AIG common stock.
How are AIG deferred stock units (DSUs) for John G. Rice settled?
Each DSU will be settled in one share of AIG common stock on a 1-to-1 basis. Settlement occurs on the last trading day of the month when his Board service ends, unless he has elected to defer that vesting and settlement date further.
Are John G. Rice’s AIG deferred stock unit transactions open-market trades?
No, these transactions are not open-market trades. They are compensation-related awards and dividend-equivalent accruals granted to him as a non-employee director, recorded at a price of $0.0000 per unit, with settlement in AIG common stock at a future date.
What do the dividend equivalent rights on AIG DSUs mean for John G. Rice?
Dividend equivalent rights mean cash dividends on AIG common stock are mirrored as additional DSUs. For Rice, this filing reports 1,256 DSUs accrued as dividend equivalents, which will also settle in AIG common shares under the same 1-to-1 and timing terms as his original DSU awards.