F&G CFO granted 26,817 restricted shares
F&G Annuities & Life’s CFO received a performance-based restricted stock award vesting over three years.
Rhea-AI Filing Summary
F&G Annuities & Life, Inc. (symbol: FG) is the issuer of record for a Form 4 filing submitted to the SEC. Bailey Michael H reported acquisition or exercise transactions in this Form 4 filing.
F&G Annuities & Life, Inc. (FG) reported that its EVP and Chief Financial Officer, Michael H. Bailey, received a grant of 26,817 shares of restricted common stock on September 14, 2026. The award vests in three equal annual installments beginning September 14, 2027, subject to specified performance criteria.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 26,817 shares
Grant/Award
1 txn
Insider
Bailey Michael H
Role
EVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 26,817 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 26,817 shares (Direct)
Footnotes (1)
- F1. Grant of restricted common stock vesting in three equal annual installments beginning September 14, 2027, subject to the achievement of performance criteria specified in the reporting person's award agreement.
Key Figures
Restricted shares granted: 26,817 shares
Price per share for grant: $0.00 per share
Shares held after transaction: 26,817 shares
+2 more
5 metrics
Restricted shares granted
26,817 shares
Grant of restricted common stock to CFO on September 14, 2026
Price per share for grant
$0.00 per share
Award of restricted common stock with no cash price reported
Shares held after transaction
26,817 shares
Direct ownership of FG common stock following the grant
Vesting installments
3 equal annual installments
Restricted stock vests in three tranches beginning September 14, 2027
Vesting start date
September 14, 2027
First vesting date for the CFO’s restricted stock award
Key Terms
restricted common stock, performance criteria, vesting
3 terms
restricted common stock financial
"Grant of restricted common stock vesting in three equal annual installments"
Restricted common stock is company shares that carry limits on selling or transferring for a set period or until certain conditions are met, like time-based vesting or regulatory clearance. Think of them as shares in a locked box that gradually open; they can become freely tradable later but initially reduce the number of shares available on the market. Investors watch restricted stock because its eventual release can change a company’s share supply, affect stock price, and influence control and dilution.
performance criteria financial
"subject to the achievement of performance criteria specified"
vesting financial
"vesting in three equal annual installments beginning September 14, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transaction did FG report for its CFO Michael H. Bailey on this Form 4?
The filing reports that Michael H. Bailey, EVP and Chief Financial Officer of F&G Annuities & Life, Inc. (FG), received a grant of 26,817 shares of restricted common stock on September 14, 2026 as an award, not a market purchase.
Is the restricted stock grant to FG’s CFO immediately vested?
No. The 26,817 restricted shares granted to FG’s CFO vest in three equal annual installments beginning on September 14, 2027, and vesting is subject to the achievement of performance criteria specified in his award agreement.
Was the FG CFO’s restricted stock grant made under a Rule 10b5-1 trading plan?
No. The filing indicates that the Rule 10b5-1 checkbox is not selected, and there is no footnote stating that this restricted stock grant was made pursuant to a Rule 10b5-1 or other pre-arranged trading plan.
What performance conditions apply to the FG CFO’s restricted stock grant?
The filing states that vesting of the restricted common stock is subject to the achievement of performance criteria specified in the reporting person’s award agreement. The specific performance targets are not described in this Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.