Porrino Peter R 4

What Happened

• Peter R. Porrino, a non-employee director of American International Group, Inc. (AIG), was credited with a total of 844 deferred stock units (DSUs) on 2026-04-01: 545 DSUs as a director compensation award and 299 DSUs reflecting previously granted DSUs and dividend-equivalent accruals. These are derivative awards (no cash price reported).

Key Details

• Transaction date: 2026-04-01; Form 4 filed 2026-04-02 (within the normal reporting window).
• Transaction type/code: Award/Grant (A) — derivative DSUs; price per share: N/A.
• Amounts: 545 DSUs (award) + 299 DSUs (previous grant/dividend equivalents) = 844 DSUs total.
• Settlement: DSUs will convert to AIG common shares on a 1-for-1 basis on the last trading day of the month in which the director’s board service ends, unless a later vesting date was elected (per footnotes).
• Shares owned after transaction: Not specified in the filing.
• Footnotes: confirm these are non-employee director compensation and include dividend equivalent rights accrued as additional DSUs.

Context

• DSUs are deferred compensation, not an open-market purchase or sale; they do not signal an immediate cash investment or disposition. They become actual AIG shares only upon settlement as described above. For retail investors, director DSU awards are routine compensation and should be viewed differently from open-market insider buys or sales.