Corebridge Financial (CRBG) director granted 6,553 deferred stock units in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lynch Christopher S. reported acquisition or exercise transactions in this Form 4 filing.
Corebridge Financial, Inc. director Christopher S. Lynch received an award of 6,553 deferred stock units (DSUs) of common stock as a compensation grant. The DSUs were issued at no cash cost and increase his holdings to 34,962 DSUs, each convertible into one share when his board service ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lynch Christopher S.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,553 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 34,962 shares (Direct, null)
Footnotes (1)
- Reflects deferred stock units (DSUs) granted under the Corebridge Financial, Inc. 2022 Omnibus Incentive Plan exempt under Rule 16b-3. Each DSU represents a right to receive one share of common stock of the Issuer upon the director's termination of service. Includes 34,962 DSUs.
Key Figures
DSUs granted: 6,553 units
Price per unit: $0.00 per unit
Total DSUs held: 34,962 units
3 metrics
DSUs granted
6,553 units
Deferred stock units granted to director on June 18, 2026
Price per unit
$0.00 per unit
Reported grant price for DSU award
Total DSUs held
34,962 units
Director’s DSU holdings following the transaction
Key Terms
deferred stock units (DSUs), 2022 Omnibus Incentive Plan, Rule 16b-3
3 terms
deferred stock units (DSUs) financial
"Reflects deferred stock units (DSUs) granted under the Corebridge Financial, Inc. 2022 Omnibus Incentive Plan"
Deferred stock units (DSUs) are a form of long-term pay that promises an employee or director future company shares or cash equal to the share value at a later date, usually after leaving the company or at a set vesting time. Think of them as a delayed paycheck tied to the stock: they align recipients’ interests with long-term share performance and matter to investors because they create potential future dilution and signal how management is rewarded and incentivized.
2022 Omnibus Incentive Plan financial
"Reflects deferred stock units (DSUs) granted under the Corebridge Financial, Inc. 2022 Omnibus Incentive Plan"
Rule 16b-3 regulatory
"granted under the Corebridge Financial, Inc. 2022 Omnibus Incentive Plan exempt under Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
FAQ
What insider transaction did Corebridge Financial (CRBG) report in this Form 4?
Corebridge Financial reported that director Christopher S. Lynch received 6,553 deferred stock units as a stock-based compensation award. These units are tied to his board service and convert into common shares when his service with the company ends.
How many Corebridge Financial (CRBG) units does Christopher Lynch hold after this grant?
After the grant, Christopher Lynch holds 34,962 deferred stock units in Corebridge Financial. Each unit represents a right to receive one share of common stock upon the end of his service as a director, aligning his interests with shareholders.
Was cash involved in Christopher Lynch’s Corebridge Financial (CRBG) Form 4 transaction?
No cash changed hands in this transaction. The Form 4 shows a grant of 6,553 deferred stock units at a reported price of $0.00 per unit, reflecting stock-based compensation rather than an open-market purchase or sale of Corebridge Financial shares.
What are deferred stock units (DSUs) in the Corebridge Financial (CRBG) filing?
Deferred stock units are stock-based awards that track Corebridge Financial’s common stock but settle later. In this case, each DSU converts into one share of common stock when Christopher Lynch’s service as a director ends, deferring delivery of the shares until that time.
Under what plan were the Corebridge Financial (CRBG) DSUs granted to Christopher Lynch?
The DSUs were granted under the Corebridge Financial, Inc. 2022 Omnibus Incentive Plan. The filing notes that the award is exempt under Rule 16b-3, which governs certain insider compensation-related transactions and provides a safe harbor for these equity grants.