Corebridge Financial (NYSE: CRBD) appoints Christopher Filiaggi as Interim CFO, grants $750K RSUs
Filing Impact
Filing Sentiment
Form Type
425
Rhea-AI Filing Summary
Corebridge Financial, Inc. appointed Christopher Filiaggi as Interim Chief Financial Officer effective April 24, 2026, while he will continue serving as Chief Accounting Officer. The company granted a time‑vested retention RSU award with a grant date value of $750,000 and increased his 2026 target short‑term incentive to $800,000 from $400,000. The RSUs vest 100% on April 1, 2028, subject to continued employment and customary accelerated vesting triggers.
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Key Figures
Interim CFO effective date: April 24, 2026
Retention RSU grant date value: $750,000
2026 target short‑term incentive: $800,000
+2 more
5 metrics
Interim CFO effective date
April 24, 2026
Start date for Interim CFO role
Retention RSU grant date value
$750,000
Time‑vested restricted stock units granted upon appointment
2026 target short‑term incentive
$800,000
Increased from $400,000 upon appointment
RSU vesting date
April 1, 2028
100% vesting date subject to continued employment and accelerated vesting triggers
Age of appointee
44
Mr. Filiaggi's age as disclosed
Key Terms
RSUs, SOX compliance, Retention Equity Award, Corebridge Executive Severance Plan
4 terms
RSUs financial
"time‑vested restricted stock units (RSUs) with a grant date value of $750,000"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
SOX compliance regulatory
"oversaw all aspects of the Company’s financial reporting, including GAAP, statutory accounting and SOX compliance"
Sox compliance refers to following rules and standards set to ensure a company's financial information is accurate and trustworthy. It is similar to having strict safety checks to prevent errors or fraud, giving investors confidence that the company's reported financial health is reliable. Meeting these standards helps protect investors and maintain transparency in financial reporting.
Retention Equity Award financial
"a special retention equity award (the Retention Equity Award) in the form of time‑vested restricted stock units"
Corebridge Executive Severance Plan regulatory
"remains eligible to participate in the Corebridge Executive Severance Plan"
FAQ
Who is CRBD's Interim CFO and when does the role begin?
Answer: Christopher Filiaggi is the Interim Chief Financial Officer, effective April 24, 2026. He will continue to serve as Chief Accounting Officer and has been the Company’s Chief Accounting Officer since June 2023.
What retention compensation did Corebridge grant to Filiaggi?
Answer: The company granted a time‑vested retention award of restricted stock units with a grant date value of $750,000. The award vests 100% on April 1, 2028, subject to continued employment and certain accelerated vesting conditions.
How was Filiaggi's 2026 short‑term incentive changed?
Answer: Filiaggi’s target short‑term incentive for 2026 was increased to $800,000 from $400,000. This change accompanies his appointment as Interim Chief Financial Officer and was disclosed in the Form 8‑K.
Will Filiaggi be eligible for severance or other executive plans?
Answer: Yes. Following his appointment, Filiaggi remains eligible to participate in the Corebridge Executive Severance Plan, as amended and restated, in accordance with its terms, as disclosed in the filing.