AMERICAN INTERNATIONAL GROUP, INC. 4
Research Summary
AI-generated summary
Corebridge (CRBG) 10% Owner AIG Sells 24.65M Shares
What Happened
American International Group, Inc. (AIG), reported as a 10% owner of Corebridge Financial, sold 24,654,833 shares of CRBG on February 12, 2026. The reported sale price was $30.42 per share, generating proceeds of approximately $750,000,020. This was a sale (S) transaction, not a purchase.
Key Details
- Transaction date: 2026-02-12
- Price per share: $30.42; Shares sold: 24,654,833; Total proceeds: $750,000,020
- Method: Filing indicates "open market or private sale" (S) per the Form 4 entry
- Shares owned after transaction: Not disclosed in the provided filing excerpt
- Filing timeliness: Reported and filed on 2026-02-12 (no late filing indicated)
- Insider role: AIG is a 10% institutional owner (not an executive officer or director of Corebridge)
Context
This is an institutional-level disposition by a large shareholder. Sales by 10% owners are recorded for ownership transparency but do not by themselves reveal the seller’s motivation. Retail investors often view purchases as more informative of insider confidence, while large institutional sales can reflect portfolio rebalancing or other non-company-specific reasons.