AIG Executive Chair Peter Zaffino Sells Shares

What Happened Peter Zaffino, Executive Chair and a director of American International Group, sold a total of 236,829 AIG shares in open‑market transactions on August 12–13, 2026, generating roughly $18.1 million in proceeds. Breakdown: 200,000 shares on 2026‑08‑12 at $76.47 each for $15,294,280; 36,629 shares on 2026‑08‑13 at a weighted average $76.13 for $2,788,676; and 200 shares on 2026‑08‑13 at $76.89 for $15,378. These were sales (not purchases).

Key Details

• Transaction dates/prices: 8/12/2026 — 200,000 @ $76.47; 8/13/2026 — 36,629 @ $76.13 (WAP); 8/13/2026 — 200 @ $76.89. Total proceeds ≈ $18,098,334.
• Shares owned after transaction: Not specified in the filed Form 4.
• Notable footnotes: Sales were effected pursuant to a Rule 10b5‑1 trading plan entered May 9, 2026. The filing notes the reported prices are weighted averages; the sales occurred in multiple trades at prices ranging (across the reported transactions) from about $75.84 to $76.94, with the filer offering to provide a per‑trade breakdown on request.
• Timeliness: Filing dated 2026‑08‑13 for transactions through 2026‑08‑12—no late‑filing flag indicated.

Context These trades were executed under a pre‑arranged 10b5‑1 plan, which is a common mechanism allowing insiders to sell shares according to a preset schedule and generally reduces the implication that trades were made on the basis of inside information. For retail investors, purchases often carry more direct signals about insider sentiment; sales like these can be routine liquidity moves and should be viewed alongside other insider activity and company fundamentals.