Corebridge redeemed 400K Carlyle fund preferred
Corebridge Financial, Inc. reported disposition transactions in this Form 4 filing.
Rhea-AI Filing Summary
Corebridge Financial, Inc. reported disposition transactions in this Form 4 filing.
Corebridge Financial, Inc. (CRBD), reporting with respect to Carlyle Tactical Private Credit Fund, disclosed that on September 9, 2026, 400,000 Series D Mandatory Redeemable Preferred Shares held indirectly through its subsidiary American General Life Insurance Company (AGLIC) were redeemed by the issuer at $25.3315 per share, leaving no Series D shares held. Corebridge, through AGLIC and another indirect wholly owned subsidiary, continues to indirectly hold Series A, B, C, E, I, J and K Mandatory Redeemable Preferred Shares in amounts ranging from 320,000 to 960,000 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Other: 400,000 shares
Other
8 txns
Insider
Corebridge Financial, Inc.
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Series D Mandatory Redeemable Preferred Shares F1, F2 | 400,000 | $25.3315 | $10.13M |
| holding | Series A Mandatory Redeemable Preferred Shares F3 | -- | -- | -- |
| holding | Series B Mandatory Redeemable Preferred Shares F3 | -- | -- | -- |
| holding | Series C Mandatory Redeemable Preferred Shares F4 | -- | -- | -- |
| holding | Series E Mandatory Redeemable Preferred Shares F3 | -- | -- | -- |
| holding | Series I Mandatory Redeemable Preferred Shares F3 | -- | -- | -- |
| holding | Series J Mandatory Redeemable Preferred Shares F3 | -- | -- | -- |
| holding | Series K Mandatory Redeemable Preferred Shares F3 | -- | -- | -- |
Holdings After Transaction:
Series D Mandatory Redeemable Preferred Shares — 0 shares (Indirect, Held through subsidiary);
Series A Mandatory Redeemable Preferred Shares — 960,000 shares (Indirect, Held through subsidiary);
Series B Mandatory Redeemable Preferred Shares — 320,000 shares (Indirect, Held through subsidiary);
Series C Mandatory Redeemable Preferred Shares — 720,000 shares (Indirect, Held through subsidiaries);
Series E Mandatory Redeemable Preferred Shares — 400,000 shares (Indirect, Held through subsidiary);
Series I Mandatory Redeemable Preferred Shares — 400,000 shares (Indirect, Held through subsidiary);
Series J Mandatory Redeemable Preferred Shares — 880,000 shares (Indirect, Held through subsidiary);
Series K Mandatory Redeemable Preferred Shares — 320,000 shares (Indirect, Held through subsidiary)
Footnotes (4)
- F1. The Series D Mandatory Redeemable Preferred Shares were redeemed by the issuer at a price equal to the liquidation value of $25 per share plus accrued interest through the redemption date.
- F2. Prior to redemption, the reported securities were directly held by American General Life Insurance Company ("AGLIC"), an indirect wholly owned subsidiary of Corebridge Financial, Inc. ("CRBG").
- F3. Directly held by AGLIC.
- F4. AGLIC and The Variable Annuity Life Insurance Company, an indirect wholly owned subsidiary of CRBG, directly hold 404,136 shares and 315,864 shares of the reported securities, respectively.
Key Figures
Series D shares redeemed: 400,000 shares
Redemption price per Series D share: $25.3315 per share
Series A preferred shares held: 960,000 shares
+3 more
6 metrics
Series D shares redeemed
400,000 shares
Series D Mandatory Redeemable Preferred Shares redeemed on September 9, 2026
Redemption price per Series D share
$25.3315 per share
Price equal to $25 liquidation value plus accrued interest through redemption date
Series A preferred shares held
960,000 shares
Indirectly held through subsidiary after September 9, 2026
Series B preferred shares held
320,000 shares
Indirectly held through subsidiary after September 9, 2026
Series C preferred shares held
720,000 shares
Indirectly held through subsidiaries AGLIC and The Variable Annuity Life Insurance Company
Series J preferred shares held
880,000 shares
Indirectly held through subsidiary after September 9, 2026
Key Terms
Mandatory Redeemable Preferred Shares, liquidation value, indirect wholly owned subsidiary, redemption date
4 terms
liquidation value financial
"redeemed ... at a price equal to the liquidation value of $25 per share"
Liquidation value is the amount of cash that could be realized if a company’s assets were sold off quickly and its debts and sale costs were paid, usually yielding less than normal selling value. For investors it matters because it provides a practical “floor” or worst‑case estimate of what shareholders or creditors might recover in a bankruptcy or forced sale, helping gauge downside risk much like the cash you’d get from a hastily held garage sale versus a planned auction.
indirect wholly owned subsidiary financial
"AGLIC, an indirect wholly owned subsidiary of Corebridge Financial, Inc."
redemption date financial
"plus accrued interest through the redemption date"
The redemption date is the specific day when a debt-like security (such as a bond, preferred share, or certificate) must be repaid by the issuer and the investor receives the principal plus any final interest or dividends. It matters to investors because it tells when cash will return, shapes the effective return and price of the security, and creates reinvestment and timing considerations—like knowing when a loan is due so you can plan what to do with the returned money.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Corebridge Financial (CRBD) report in this Form 4 regarding Carlyle Tactical Private Credit Fund?
Corebridge Financial reported that 400,000 Series D Mandatory Redeemable Preferred Shares of Carlyle Tactical Private Credit Fund, held indirectly through American General Life Insurance Company (AGLIC), were redeemed on September 9, 2026, leaving no Series D shares held after the transaction.
Were the Corebridge (CRBD) transactions in this Form 4 made under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not checked, and no footnote indicates use of a Rule 10b5-1 or other pre-arranged trading plan, so no Rule 10b5-1 plan is reported for these transactions.
How are Corebridge’s holdings in Carlyle Tactical Private Credit Fund characterized in this Form 4?
All reported positions are indirect holdings through subsidiaries. For the redeemed Series D shares, footnote F2 notes they were directly held by AGLIC, an indirect wholly owned subsidiary of Corebridge. Other series are likewise reported as held through subsidiaries.
AI-generated analysis. How Rhea-AI works. Not financial advice.
