F&G Annuities (NYSE: FG) CEO logs tax-withholding share transaction
Rhea-AI Filing Summary
F&G Annuities & Life, Inc. Chief Executive Officer Christopher O. Blunt reported a tax-related share disposition. On the reported date, 20,846 shares of common stock were withheld at $22.65 per share to satisfy tax obligations, classified as a “payment of exercise price or tax liability by delivering securities.” After this transaction, he directly held 1,097,128.3645 common shares.
A footnote explains that the reported amount also reflects purchases under the company’s employee stock purchase plan, which are being reported to accurately show his current ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 20,846 shares
Net Sell
1 txn
Insider
Blunt Christopher O
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 20,846 | $22.65 | $472K |
Holdings After Transaction:
Common Stock — 1,097,128.3645 shares (Direct)
Footnotes (1)
- F1. Amount reflects purchases under the Company's ESPP plan which are not required to be reported on an ongoing basis. The purchases are being reported on this Form 4 to accurately reflect the reporting person's ownership of the issuer's shares as of the current date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did FG CEO Christopher O. Blunt report?
Christopher O. Blunt reported a tax-withholding disposition of common stock. On the transaction date, 20,846 shares were delivered to cover tax liabilities, using Form 4 code F. This is not classified as an open-market purchase or sale.
What does transaction code F mean in the FG Form 4 filing?
Transaction code F indicates shares were delivered to pay an exercise price or tax liability. In this filing, 20,846 FG common shares were disposed of as a tax-withholding transaction, rather than an open-market buy or sell.
How does the FG Form 4 footnote relate to ESPP purchases?
The footnote states the amount reflects purchases under the company’s employee stock purchase plan. These purchases were not required to be reported continually, and are now included to accurately present Christopher O. Blunt’s current share ownership.