American Financial (AFG) Co-CEO Carl H. Lindner III Sells Shares

What Happened
Carl H. Lindner III, Co-CEO and a director of American Financial Group (AFG), sold a total of 90,000 AFG shares in two open-market transactions. On 2026-08-24 he sold 8,627 shares at a weighted average price of $144.66 for proceeds of $1,248,009. On 2026-08-26 he sold 81,373 shares at a weighted average price of $144.28 for proceeds of $11,740,594. Combined proceeds were $12,988,603. These were sales (S), not purchases.

Key Details

• Transaction dates and amounts:
  • 2026-08-24: 8,627 shares @ $144.66 = $1,248,009 (weighted average; see footnote F1 for price range)
  • 2026-08-26: 81,373 shares @ $144.28 = $11,740,594 (weighted average; see footnote F2 for price range)
• Total shares sold: 90,000; total proceeds ≈ $12.99M.
• Filing: Form 4 filed 2026-08-26 (appears timely relative to the reported trades).
• Shares owned after the transactions: not included in the information provided here.
• Notable footnotes:
  • F1/F2: Reported prices are weighted averages; sales occurred across multiple prices (ranges provided). The filer offers to provide per-price breakdowns on request.
  • F3–F8: Several indirect ownership entities (trusts, LLCs) are disclosed, indicating some holdings are held indirectly through family trusts and related entities.
• Transaction code: S = Sale (open market/private sale).

Context
This filing reports outright sales of common stock. Sales by insiders can be for many neutral reasons (liquidity, diversification, tax or estate planning) and do not by themselves indicate a change in company fundamentals. There were no option exercises, awards, or gifts reported in these transactions.