F&G Annuities & Life, Inc. (FGSN) SEC Filings

Michael H. Bailey, Executive Vice President and Chief Financial Officer of F&G Annuities & Life, Inc., reports his initial ownership position in the company’s common stock. The report shows 0.0000 shares of common stock held directly following the reported date, with no buy or sell transactions disclosed.

F&G Annuities & Life, Inc. reported total revenues of $1,421 million for the quarter ended June 30, 2026, up from $1,364 million a year earlier, but recorded a net loss attributable to common shareholders of $81 million versus income of $35 million, or diluted EPS of $(0.62) versus $0.26. For the first six months of 2026, net earnings attributable to common shareholders were $163 million, or $1.24 per diluted share, compared with $10 million, or $0.08, in the prior-year period.

Total assets reached $103,592 million and total liabilities $98,898 million at June 30, 2026, with shareholders’ equity of $4,694 million. Operating activities provided $2,230 million of cash in the first half, lifting cash and cash equivalents to $2,103 million. The company completed the sale of its Bermuda subsidiary F&G Life Re for approximately $102 million in cash plus a 19.9% limited partnership interest, generating a pre-tax gain of approximately $14 million. It also repurchased 4.52 million common shares for $120 million under its stock buyback programs and continued regular dividends on both common and preferred stock while announcing CEO and CFO transitions.

F&G Annuities & Life, Inc. reported second-quarter 2026 results with a net loss attributable to common shareholders of $81 million, or $(0.62) per diluted share, compared with net earnings of $35 million, or $0.26 per share, in the second quarter of 2025. The loss reflected $144 million of unfavorable mark-to-market effects and $22 million of other unfavorable items, which are excluded from non-GAAP measures.

Adjusted net earnings were $85 million, or $0.65 per share, down from $103 million, or $0.77 per share, a year earlier, as alternative investment income ran below long-term expectations and opportunistic sales declined. Assets under management before reinsurance reached a record $74.7 billion, up 8% year over year, including retained AUM of $55.9 billion. Gross sales were $2.7 billion and net sales $1.5 billion, both lower than the prior year due to reduced multiyear guaranteed annuity volumes and flow reinsurance. Adjusted ROE excluding AOCI was 8.0% and adjusted ROA 0.68%. The company returned $128 million to shareholders in the quarter and $195 million in the first half of 2026, while book value per share excluding AOCI increased to $45.93.

F&G Annuities & Life, Inc. is providing preliminary figures for investment income from alternative investments and the impact of new capital rules before releasing full second-quarter results. For the three months ended June 30, 2026, it estimates pre-tax investment income from alternative investments of about $56 million to $66 million, implying an annualized return near 6%. Management expects this to be roughly $65 million pre-tax and $51 million post-tax below its current long-term expected return of about 12%. The company also estimates that applying new NAIC CLO Risk Based Capital factors to FGL Insurance’s June 30, 2026 CLO portfolio could reduce its December 31, 2026 pro forma U.S. RBC ratio by around 10 percentage points. All figures are preliminary, unaudited, and may change once closing procedures and final RBC calculations are completed.

F&G Annuities & Life, Inc. insider Mark Wiltse, who serves as Interim CFO, has filed an initial ownership report. The Form 3 shows he directly holds 8,671.1693 shares of common stock as of the reported date, providing a baseline of his equity position with the company. This filing records holdings only and does not reflect any recent stock purchases or sales.

QUIRK RAYMOND R reported acquisition or exercise transactions in this Form 4 filing.

F&G Annuities & Life, Inc. director Raymond R. Quirk received a grant of 1,009 shares of common stock. The shares were awarded at no cash cost as unrestricted stock in lieu of cash director fees.

Following this grant, Quirk holds 13,888 shares directly, plus indirect holdings of 298,610 shares through the Quirk 2002 Trust and 41 shares through a 401(k) account.

Nolan Michael Joseph reported acquisition or exercise transactions in this Form 4 filing.

F&G Annuities & Life, Inc. director Michael Joseph Nolan received a grant of 1,009 shares of common stock on July 1, 2026 as unrestricted stock in lieu of cash director fees. After this award, he directly holds 81,002 common shares and indirectly holds 753 shares through the Michael J. Nolan Trust.

Ammerman Douglas K reported acquisition or exercise transactions in this Form 4 filing.

F&G Annuities & Life, Inc. director Douglas K. Ammerman received a grant of 816 shares of common stock on July 1, 2026. The shares were granted at no cash cost as unrestricted common stock in lieu of cash director fees. Following this compensation grant, he directly holds a total of 64,902.87 common shares.

F&G Annuities & Life, Inc. held its Annual Meeting of Shareholders on June 24, 2026. As of the April 27, 2026 record date, 132,889,653 shares of common stock were outstanding and entitled to vote, and a quorum was present.

Shareholders elected three Class I directors to terms running until the 2029 annual meeting. John D. Rood received 113,646,889 votes for, Michael J. Nolan received 114,395,900 votes for, and J. Douglas Martinez received 121,516,937 votes for.

Shareholders also approved, on a non-binding advisory basis, the compensation of named executive officers, with 119,448,973 votes for and 3,813,140 against. In addition, they ratified the appointment of Ernst & Young LLP as independent registered public accounting firm for 2026, with 128,066,731 votes for and 51,901 against.