F&G Annuities & Life (FGSN) Form 4: EVP reports 3,000-share sale

Rhea-AI Filing Summary

Leena Punjabi, EVP and Chief Investment Officer of F&G Annuities & Life, Inc. (FG), reported a sale of company common stock on 09/18/2025. The Form 4 shows a disposition of 3,000 shares at a price of $33.81 per share, leaving Ms. Punjabi with 64,064 shares held directly after the transaction. The filing was signed on 09/19/2025 by an attorney-in-fact.

Positive

• Reporting compliance: The insider timely filed a Form 4 and disclosed the transaction.
• Continued ownership: The reporting officer retains 64,064 shares after the sale, indicating ongoing stake in the company.

Negative

• Insider sale: The EVP disposed of 3,000 shares at $33.81, which could be viewed as a minor reduction in insider holdings.

Insights

Financial Analyst

TL;DR: Insider sold a small portion of holdings; transaction appears routine and not materially transformative for valuation.

The reported sale of 3,000 shares at $33.81 reduces the reporting officer's direct stake to 64,064 shares. Relative to typical institutional holdings or company float, this appears modest and does not by itself indicate a change in company fundamentals. The filing provides clear, standard disclosure with no derivative activity reported.

Corporate Governance Expert

TL;DR: Disclosure complies with Section 16 timing and form requirements; signature by attorney-in-fact is properly noted.

The Form 4 documents an open-market sale and reports direct ownership post-transaction, satisfying transparency obligations. There are no indications of related-party transactions or exemptions noted. The filing is routine from a governance and compliance perspective.

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).

1. Name and Address of Reporting Person^*

Punjabi Leena

(Last) (First) (Middle)

801 GRAND AVENUE

SUITE 2600

(Street)

DES MOINES IA 50309

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
F&G Annuities & Life, Inc. [ FG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Chief Investment Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/18/2025

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	09/18/2025		S		3,000	D	$33.81	64,064	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:

	/s/ Stephanie Jurgens, attorney-in-fact	09/19/2025
	** 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 Leena Punjabi disclose on the Form 4 for FGSN?

The Form 4 discloses a sale of 3,000 shares of F&G Annuities & Life common stock on 09/18/2025 at $33.81 per share and shows 64,064 shares held directly after the transaction.

What is Leena Punjabi's role at F&G Annuities & Life?

The filing lists Leena Punjabi as an Officer with the title EVP, Chief Investment Officer.

Were any derivative securities reported in this Form 4?

No. Table II for derivative securities contains no reported transactions or holdings.

When was the Form 4 signed and who signed it?

The Form 4 shows a signature dated 09/19/2025 by /s/ Stephanie Jurgens, attorney-in-fact.

How much did the insider receive per share in the sale?

The reported sale price was $33.81 per share.