Director granted 6,553 DSUs at Corebridge (CRBD) under equity plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Parris Colin J. reported acquisition or exercise transactions in this Form 4 filing.
Corebridge Financial, Inc. director Colin J. Parris received a stock-based award in the form of deferred stock units (DSUs). On June 18, 2026, he was granted 6,553 DSUs at a stated price of $0.00 per unit under the Corebridge Financial, Inc. 2022 Omnibus Incentive Plan, exempt under Rule 16b-3. Each DSU represents the right to receive one share of Corebridge common stock when his board service ends. Following this grant, Parris holds a total of 13,894 DSUs, which track an equivalent number of common shares but generally do not settle until his termination of service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Parris Colin J.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,553 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 13,894 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 13,894 DSUs.
Key Figures
DSUs granted: 6,553 units
DSU grant price: $0.00 per unit
Total DSUs after grant: 13,894 units
+1 more
4 metrics
DSUs granted
6,553 units
Deferred stock units granted on June 18, 2026
DSU grant price
$0.00 per unit
Stated price for the June 18, 2026 DSU award
Total DSUs after grant
13,894 units
Director’s DSU holdings following the transaction
Plan year
2022
Corebridge Financial, Inc. 2022 Omnibus Incentive Plan
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
"granted under the Corebridge Financial, Inc. 2022 Omnibus Incentive Plan exempt under Rule 16b-3"
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 (CRBD) report for Colin J. Parris?
Corebridge reported a grant of 6,553 deferred stock units (DSUs) to director Colin J. Parris. These were awarded at a stated price of $0.00 per unit as stock-based compensation rather than an open-market share purchase.
How many Corebridge (CRBD) deferred stock units does Colin J. Parris hold after this grant?
After the June 18, 2026 grant, Colin J. Parris holds 13,894 deferred stock units. Each DSU represents a right to receive one share of Corebridge common stock when his board service with the company ends.
What does each Corebridge (CRBD) deferred stock unit granted to Colin J. Parris represent?
Each deferred stock unit (DSU) granted to Colin J. Parris represents the right to receive one share of Corebridge common stock. The units generally settle in shares only upon his termination of service as a director of the company.
Under which plan were Colin J. Parris’s Corebridge (CRBD) DSUs granted?
The deferred stock units were granted under the Corebridge Financial, Inc. 2022 Omnibus Incentive Plan. The filing notes the award is exempt under Rule 16b-3, which typically applies to board-approved equity compensation for directors and officers.
Was Colin J. Parris’s Corebridge (CRBD) DSU award an open-market purchase?
No, the transaction was a grant of 6,553 deferred stock units at a stated price of $0.00. It is classified as a grant or award acquisition, not an open-market purchase of Corebridge common stock by the director.