BERDING JOHN B 4

What Happened

• John B. Berding, President and Director of American Financial Group, received an award of 8,847 shares of restricted common stock on February 26, 2026. The reported acquisition price is $0.00 (award/grant), indicating these were granted shares rather than a market purchase. The filing lists the total acquisition value as $0, and the award is subject to vesting.

Key Details

• Transaction date: 2026-02-26; Filing date: 2026-03-02 (timely filed).
• Transaction type: Award/Grant (Form 4 code A).
• Shares granted: 8,847 restricted shares; reported acquisition price: $0.00; reported total value on Form 4: $0.
• Shares owned after transaction: not specified in this filing.
• Footnotes of note:
  • F1: These are restricted shares that vest four years from the date of grant.
  • F2–F4: Describe prior holdings in the issuer’s ESPP, ESPP DRIP, and retirement plan (plan-based holdings as of 12/31/2025).
• No indication of an immediate sale, option exercise, or 10b5-1 plan in this filing.

Context

• This is a compensation-related award (restricted stock) rather than an open-market purchase; such grants are common for executive compensation and are tied to service/vesting conditions. Because the shares vest over four years, they represent a retention/compensation tool rather than an immediate vote of confidence through buying shares outright.