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

Rhea-AI Filing Summary

Corebridge Financial, Inc. (CRBG) reporting person Lisa Longino, identified as Chief Investment Officer and officer of the company, received a special retention equity award of 46,482 restricted stock units (RSUs) on September 19, 2025. The RSUs were granted under the Company’s 2022 Omnibus Incentive Plan and were recorded at a price of $0 (indicative of a grant). The RSUs cliff vest 100% on September 30, 2027, subject to continued employment through that date. Following the grant, the reporting person is shown as beneficially owning 133,158 shares (which includes the RSUs). The filing was signed by an attorney-in-fact on September 23, 2025.

Positive

• Retention alignment: RSUs cliff-vesting on 09/30/2027 helps retain the Chief Investment Officer through a multi-year period
• No immediate cash payout: Award is equity-based, preserving company cash in the near term
• Disclosed under plan and Rule 16b-3: Grant was made under the 2022 Omnibus Incentive Plan and noted as exempt under Rule 16b-3

Negative

• Potential dilution: Settlement of 46,482 RSUs will increase outstanding shares when converted to common stock
• Concentration of insider ownership: Post-grant beneficial ownership of 133,158 shares increases insider stake which could modestly affect share distribution

Insights

Financial Analyst

TL;DR: A retention RSU grant to the CIO increases alignment without immediate cash outlay; impact on EPS or control appears immaterial.

The grant of 46,482 time-vested RSUs aligns the CIO’s incentives with shareholders by tying value realization to continued employment and eventual stock delivery. The award vests via a single cliff on 09/30/2027, which strengthens retention but delays any dilution event until settlement. The Form 4 records the grant at a $0 price because it is an equity award, not an open-market purchase. The reported post-grant beneficial ownership of 133,158 shares includes contingent RSUs. For investors, this is a routine executive compensation action rather than a material corporate-change event.

Corporate Governance Expert

TL;DR: This is a standard retention award documented under Rule 16b-3; governance implications are customary and disclosure is compliant.

The Compensation and Management Development Committee approved an RSU grant under the 2022 Omnibus Incentive Plan and explicitly cited Rule 16b-3 exemption, indicating the award follows the customary safe-harbor process for insider grants. The cliff-vesting structure is straightforward and intended for retention rather than performance-based incentivization. The filing includes required disclosure of post-grant beneficial ownership and an attorney-in-fact signature, satisfying Form 4 formalities.

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^*

Longino Lisa

(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)
	Chief Investment 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		46,482(1)	A	$0	133,158(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 did Corebridge (CRBG) report on Form 4 for Lisa Longino?

The Form 4 reports a grant of 46,482 restricted stock units (RSUs) to Lisa Longino on 09/19/2025, with 100% cliff vesting on 09/30/2027.

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

The filing shows the reporting person beneficially owns 133,158 shares following the reported transaction, which includes the RSUs.

Under what plan were the RSUs granted and is the grant exempt from short-swing rules?

The RSUs were granted under the 2022 Omnibus Incentive Plan and the grant is noted as exempt under Rule 16b-3.

When will the RSUs vest and what is the vesting condition?

The RSUs cliff vest 100% on September 30, 2027, subject to the reporting person’s continued employment through that vesting date.

Was there an effective cash price reported for the transaction?

The transaction is reported with a price of $0, consistent with the RSUs being an equity grant rather than a market purchase.