Corebridge director awarded 6,553 stock units
Gubbay Keith reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Gubbay Keith reported acquisition or exercise transactions in this Form 4 filing.
Corebridge Financial director Keith Gubbay received an equity award in the form of deferred stock units. He was granted 6,553 deferred stock units (DSUs) of Corebridge Financial, Inc. common stock under the 2022 Omnibus Incentive Plan, increasing his holdings to 13,894 DSUs. Each DSU represents one share, deliverable when his board service ends, and the grant was made at no cash cost to him as a compensation award rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 6,553 shares
Grant/Award
1 txn
Insider
Gubbay Keith
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,553 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 13,894 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. Includes 13,894 DSUs.
Key Figures
DSUs granted: 6,553 units
Total DSUs after grant: 13,894 units
Grant price per unit: $0.0000
3 metrics
DSUs granted
6,553 units
Deferred stock units awarded on transaction date
Total DSUs after grant
13,894 units
Director’s DSU holdings following transaction
Grant price per unit
$0.0000
Stated price for DSU award, indicating compensation grant
Key Terms
Deferred stock units (DSUs), Rule 16b-3, 2022 Omnibus Incentive Plan
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.
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.
2022 Omnibus Incentive Plan financial
"Reflects deferred stock units (DSUs) granted under the Corebridge Financial, Inc. 2022 Omnibus Incentive Plan"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Corebridge Financial (CRBG) report for Keith Gubbay?
Corebridge Financial reported that director Keith Gubbay received a grant of 6,553 deferred stock units (DSUs) of common stock. These DSUs were awarded as director compensation, not bought on the market, and increase his total DSU holdings to 13,894 units tied to future share delivery.
How many Corebridge Financial DSUs does Keith Gubbay hold after this Form 4?
After the latest grant, Keith Gubbay holds 13,894 deferred stock units (DSUs) of Corebridge Financial common stock. Each DSU represents a right to receive one share when his board service ends, so this figure reflects his accumulated equity-based director compensation, not current freely tradable shares.
Was cash paid for Keith Gubbay’s Corebridge Financial stock unit grant?
No cash changed hands for this grant; the 6,553 deferred stock units were awarded at a stated price of 0.0000 per unit. This indicates a compensation grant under the company’s 2022 Omnibus Incentive Plan, rather than an open-market stock purchase or sale transaction by the director.
What are deferred stock units (DSUs) in the Corebridge Financial Form 4?
Deferred stock units (DSUs) are equity awards where each unit represents one future share of Corebridge Financial common stock. For Keith Gubbay, the DSUs vest as a right to receive shares upon his termination of board service, aligning director compensation with long‑term shareholder interests over time.
Under which plan were Keith Gubbay’s Corebridge Financial DSUs granted?
The 6,553 deferred stock units for Keith Gubbay were granted under the Corebridge Financial, Inc. 2022 Omnibus Incentive Plan. This plan governs equity-based compensation, and the filing notes the grant is exempt under Rule 16b-3, which typically applies to insider compensation arrangements approved by the board or a committee.
AI-generated analysis. How Rhea-AI works. Not financial advice.
