[Form 4] Corebridge Financial, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Elizabeth B. Cropper, EVP & Chief Human Resources Officer and director of Corebridge Financial, Inc. (CRBG), was granted 9,296 time‑vested restricted stock units (RSUs) on 09/19/2025. The RSUs carry a $0 purchase price and were granted under the Company’s 2022 Omnibus Incentive Plan. The award is a special retention grant that cliffs vests 100% on 09/30/2027, subject to continued employment through the vesting date. Following the grant, the reporting person beneficially owns 52,289 shares/units. The filing was submitted on 09/23/2025 and is signed by an attorney‑in‑fact.

Positive

• 9,296 RSUs granted as a retention award, explicitly disclosed
• 100% cliff vesting on 09/30/2027 provides a clear retention timeline
• Grant made under the 2022 Omnibus Incentive Plan and noted as exempt under Rule 16b‑3
• Post‑grant beneficial ownership disclosed: 52,289 shares/units

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: A time‑vested retention RSU award was granted to a senior officer to support retention through 2027.

The grant of 9,296 RSUs to an executive and director aligns with common retention practices for senior management. The cliff vesting to a single date in 2027 is straightforward and conditions vesting solely on continued employment, per the disclosure. The award is reported as exempt under Rule 16b‑3, indicating compliance with insider transaction rules. The filing provides clear disclosure of title, amount, vesting date, and post‑grant beneficial ownership, enabling investors to track insider incentives without ambiguity.

Compensation Analyst

TL;DR: The award is a retention‑focused equity grant with full cliff vesting in two years, increasing insider holdings modestly.

The RSU grant of 9,296 units at $0 increases the reporting person’s beneficial position to 52,289 shares/units, reflecting an incremental equity stake rather than a cash transaction. Cliff vesting on a single future date provides a clear retention horizon through late 2027. The disclosure cites the 2022 Omnibus Incentive Plan as the grant vehicle and notes Rule 16b‑3 exemption, which is standard for such grants. The filing lacks additional compensation metrics (grant‑date fair value or percent of outstanding equity), so analysis of size relative to total dilution is not possible from this form alone.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Cropper Elizabeth B

(Last) (First) (Middle)

C/O COREBRIDGE FINANCIAL, INC.

2919 ALLEN PARKWAY, WOODSON TOWER

(Street)

HOUSTON TX 77019

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Corebridge Financial, Inc. [ CRBG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & Chief Human Res. Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/19/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/19/2025		A		9,296(1)	A	$0	52,289(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. On September 19, 2025, the Compensation and Management Development Committee of the Board of Directors of Corebridge Financial, Inc. (Company) approved the grant of a special retention equity award to the Reporting Person consisting of time-vested restricted stock units (RSUs). 100% of the RSUs will cliff vest on September 30, 2027, subject to the Reporting Person's continued employment with the Company through the vesting date. The RSUs were granted under the Company's 2022 Omnibus Incentive Plan and are exempt under Rule 16b-3.

2. Includes RSUs, each of which represents a contingent right to receive one share of common stock of the Company.

Remarks:

	/s/ William Langston as Attorney-in-Fact	09/23/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What RSU award did Elizabeth B. Cropper receive according to the CRBG Form 4?

The Form 4 reports a grant of 9,296 time‑vested RSUs on 09/19/2025.

When do the RSUs granted to the reporting person vest?

The RSUs cliff vest 100% on 09/30/2027, subject to continued employment through that date.

How many shares does the reporting person beneficially own after the transaction?

The filing shows 52,289 shares/units beneficially owned following the reported transaction.

Under which plan were the RSUs granted and are they exempt from certain rules?

The RSUs were granted under the 2022 Omnibus Incentive Plan and are reported as exempt under Rule 16b‑3.

When was the Form 4 filed and who signed it?

The filing date is shown as 09/23/2025 and it is signed by William Langston as Attorney‑in‑Fact.