Corebridge (NYSE: CRBD) grants COO new stock options and RSUs
Rhea-AI Filing Summary
Smith Christopher Brian reported acquisition or exercise transactions in this Form 4 filing.
Corebridge Financial Chief Operating Officer Christopher Brian Smith reported equity awards received on February 19, 2026. He was granted employee stock options for 26,007 shares and 6,470 restricted stock units (RSUs) under the 2022 Omnibus Incentive Plan. The RSUs vest in three equal annual installments on the first, second and third anniversaries of the grant date, subject to continued employment. The stock options also vest in three equal annual installments beginning on February 19, 2027, contingent on his continued employment, and his direct common stock holdings after the award total 59,353 shares, which include 48,864 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 26,007 | $0.00 | -- |
| Grant/Award | Common Stock | 6,470 | $0.00 | -- |
Footnotes (1)
- On February 19, 2026, the Reporting Person received 6,470 Restricted Stock Units (RSUs) under the Corebridge Financial, Inc. (Corebridge) 2022 Omnibus Incentive Plan (2022 Incentive Plan) exempt under Rule 16b-3 that vest in equal installments on the first, second and third anniversaries of the grant date. Each RSU represents a contingent right to receive one share of common stock of Corebridge upon vesting, contingent upon the Reporting Person's continued employment by the Issuer at the conclusion of the vesting period. Includes 48,864 RSUs. Reflects employee stock option under the 2022 Incentive Plan exempt under Rule 16b-3. The employee stock option vests in three equal annual installments beginning on February 19, 2027, in each case, contingent upon the Reporting Person's continued employment by the Issuer at the conclusion of the vesting period.
FAQ
What insider transactions did Corebridge Financial (CRBD) report for Christopher Brian Smith?
Corebridge Financial reported that Chief Operating Officer Christopher Brian Smith received 26,007 stock options and 6,470 restricted stock units (RSUs) on February 19, 2026. Both awards were granted under the 2022 Omnibus Incentive Plan and are contingent on his continued employment.
How many restricted stock units did the Corebridge (CRBD) COO receive and how do they vest?
The Corebridge COO received 6,470 RSUs on February 19, 2026. These RSUs vest in three equal installments on the first, second and third anniversaries of the grant date, provided he remains employed by the company through each vesting date.
What are the vesting terms of the 26,007 employee stock options reported by Corebridge (CRBD)?
The 26,007 employee stock options granted on February 19, 2026 vest in three equal annual installments. Vesting begins on February 19, 2027, and each installment requires Christopher Brian Smith to remain employed through the applicable vesting date.
Under which plan were the Corebridge (CRBD) COO’s options and RSUs granted?
The options and RSUs were granted under the Corebridge Financial, Inc. 2022 Omnibus Incentive Plan. The footnotes state the grants are exempt under Rule 16b-3 and are contingent on the executive’s continued employment through the respective vesting dates.
Are the Corebridge (CRBD) COO’s new RSUs immediately settled in common stock?
No, the 6,470 RSUs represent contingent rights to receive one share of Corebridge common stock per unit upon vesting. Delivery of shares is conditioned on the executive’s continued employment through each vesting anniversary date.