Schaper Christopher 4
Research Summary
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AIG CRO Christopher Schaper Receives Stock Awards
What Happened
- Christopher Schaper, Executive Vice President and Chief Risk Officer of American International Group (AIG), received a package of equity awards on February 17, 2026 totaling 49,819 units: 22,845 performance share units, 5,838 restricted stock units (RSUs), and 21,136 derivative awards (2026 stock options). Each line is reported at $0.00 on the Form 4 because these are awards/grants, not open-market purchases or sales.
Key Details
- Transaction date: February 17, 2026; Form 4 filed February 18, 2026 (timely).
- Reported amounts: 22,845 performance share units; 5,838 RSUs; 21,136 derivative awards (2026 stock options). Total = 49,819 units.
- Prices: reported at $0.00 (awards/grants, not purchases).
- Vesting/terms: RSUs vest ratably over three years (Feb 17, 2027–2029) and each RSU represents the right to one share on vesting; 2026 stock options also vest ratably over three years. The 22,845 performance share units reflect payout earned under a 3-year performance period ending Dec 31, 2025.
- Shares owned after transaction: not specified in the provided filing details.
- Filing timeliness: not marked late; filed one day after the grant date.
- No immediate sale or tax-withholding disposition is reported in this Form 4.
Context
- These transactions are compensation awards (A = Award/Grant). RSUs and performance shares are contingent on continued employment and/or achievement of performance goals; stock options are derivative grants that vest over time. Such awards are routine components of executive pay and do not represent open-market confidence buying or selling of existing shares.