Corebridge (NYSE: CRBD) CIO trims stake with 4,250-share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Corebridge Financial Chief Information Officer David Ditillo sold 4,250 shares of Common Stock in an open-market transaction at $30.00 per share. The sale occurred on July 6, 2026. After this trade, he directly holds 128,153 shares of the company’s stock.
This post-transaction position includes 40,342 restricted stock units, each representing a contingent right to receive one share of Corebridge common stock. The filing shows no derivative securities remaining in his reported holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 4,250 shares ($127,500)
Net Sell
1 txn
Insider
Ditillo David
Role
Chief Information Officer
Sold
4,250 shs ($128K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,250 | $30.00 | $128K |
Holdings After Transaction:
Common Stock — 128,153 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 4,250 shares
Sale price: $30.00 per share
Shares held after sale: 128,153 shares
+2 more
5 metrics
Shares sold
4,250 shares
Open-market sale on July 6, 2026
Sale price
$30.00 per share
Open-market sale of Common Stock
Shares held after sale
128,153 shares
Direct ownership following July 6, 2026 transaction
Restricted stock units
40,342 RSUs
Each RSU equals a contingent right to one common share
Sell transactions in filing
1 transaction
Form 4 transaction summary shows one sale
Key Terms
restricted stock units, open-market sale, Common Stock, Form 4
4 terms
restricted stock units financial
"Includes 40,342 restricted stock units, each of which represents a contingent right"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
open-market sale financial
"transaction_action: "open-market sale" for the Common Stock transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title: "Common Stock" for the reported insider transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4) describing the insider’s transaction details"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Corebridge (CRBD) report for David Ditillo?
Corebridge reported that CIO David Ditillo sold 4,250 Common Stock shares. The Form 4 shows an open-market transaction at $30.00 per share on July 6, 2026, reducing but not eliminating his direct equity position in the company.
What are the restricted stock units mentioned in the Corebridge (CRBD) filing?
The filing states Ditillo holds 40,342 restricted stock units (RSUs). Each RSU represents a contingent right to receive one Corebridge common share, typically subject to vesting conditions tied to continued employment or performance metrics over time.
Was the Corebridge (CRBD) insider transaction an open-market sale?
Yes, the transaction is described as an open-market sale. The Form 4 labels the code as “S” and the action as an open-market sale of 4,250 shares of Common Stock at $30.00 per share on July 6, 2026.
Does the Corebridge (CRBD) CIO hold any derivative securities after this Form 4?
The derivative securities section for this filing is empty. The derivativeSummary shows no remaining options or other derivative positions, indicating only non-derivative Common Stock and restricted stock units are reported in Ditillo’s current holdings.