F&G (FG) Director Awarded 892 Shares as Director Fees on 10/01/2025
Rhea-AI Filing Summary
Michael J. Nolan, a director of F&G Annuities & Life, Inc. (ticker: FG), received an award of 892 unrestricted shares of common stock on 10/01/2025 in lieu of cash director fees. The transaction was reported on a Form 4 and shows a reported price of $0, reflecting a grant rather than a market purchase. After the grant, the filing reports 50,602 shares beneficially owned directly and 753 shares indirectly through the Michael J. Nolan Trust. The Form 4 was signed on behalf of the reporting person by an attorney-in-fact on 10/03/2025.
Positive
- 892 shares granted in lieu of cash director fees, indicating equity compensation
- Reporting shows 50,602 shares held directly, a disclosed, substantial beneficial stake
Negative
- None.
Insights
Director received equity compensation, aligning pay with shareholder interests.
The Form 4 discloses a grant of 892 unrestricted shares to Michael J. Nolan in lieu of cash director fees on 10/01/2025. Equity in place of cash is a standard governance practice to link director incentives to company performance.
The filing shows continued direct ownership of 50,602 shares and 753 shares held indirectly in a trust, which are concrete ownership positions disclosed on the Form 4.
Transaction is a non‑cash grant; no cash outlay or purchase price was reported.
The Form 4 records the transaction price as $0, indicating the shares were issued as compensation rather than bought on the open market. The instrument is unrestricted common stock, per the filing explanation.
The report was executed by an attorney-in-fact and dated 10/03/2025, which completes the disclosure requirement for this director compensation event.