MILLS LINDA A 4
Research Summary
AI-generated summary
AIG Director Linda A. Mills Receives DSU Awards
What Happened
- Linda A. Mills, a non-employee director of American International Group, Inc. (AIG), was granted two awards of deferred stock units (DSUs) on April 1, 2026: 512 DSUs and 264 DSUs, for a total of 776 DSUs.
- These are derivative awards (no per-share price applies) granted as director compensation and include dividend equivalents that accrue as additional DSUs. They are routine compensation rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-01; reported on Form 4 filed 2026-04-02 (timely within reporting window).
- Amounts: 512 DSUs and 264 DSUs (total 776 DSUs); price: N/A (derivative).
- Shares owned after transaction: Not specified in this Form 4.
- Footnotes: F1–F3 indicate these DSUs were awarded as non-employee director compensation, accrue dividend equivalents as additional DSUs, and will be settled 1-for-1 in AIG common stock on the last trading day of the month in which the director's board service ends (unless the director has elected to defer settlement).
Context
- DSUs are deferred-compensation units that convert into actual shares later; they are not an immediate market purchase or sale and generally reflect standard board pay practices rather than a direct signal of insider trading sentiment.