Andersen Eric 4

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AIG CEO‑Elect Eric Andersen Receives Equity Awards and Options

What Happened
Eric Andersen, President and CEO‑Elect of American International Group (AIG), was granted equity awards on February 16–17, 2026. The filing shows: 155,588 Equity Buy‑Out RSUs (Feb 16), 30,812 2026 RSUs (Feb 17), and 111,554 stock options (Feb 17). All grants are reported at $0.00 (typical for compensation awards) and were disclosed on Form 4 filed Feb 18, 2026. These are awards (not open‑market purchases or sales) and are subject to vesting conditions.

Key Details

  • Transaction types: Awards/Grants (code A) reported Feb 18, 2026 for transactions dated Feb 16 and Feb 17, 2026. Reported price for each grant: $0.00.
  • Grant amounts: 155,588 Equity Buy‑Out RSUs; 30,812 2026 RSUs; 111,554 stock options (total awards/options = 297,954).
  • Vesting: Equity Buy‑Out RSUs vest Feb 16, 2029 (subject to continued employment). 2026 RSUs vest ratably over 3 years (Feb 17 of 2027, 2028, 2029). 2026 stock options vest ratably over the same three years.
  • Shares owned after transaction: not specified in the filing.
  • Footnotes summarized: F1–F4 explain that RSUs convert to one share upon vesting, vesting schedules as above, and the option vesting schedule.
  • Timeliness: Filing appears timely (transactions on Feb 16–17 reported on Feb 18).

Context

  • RSUs: Represent the right to receive one AIG common share per RSU upon vesting; no immediate cash proceeds.
  • Stock options (derivative): These are option grants that will vest over three years; the filing records the grant amount (111,554) but does not disclose exercise price or any immediate exercise/sale.
  • For retail investors: Grants to incoming CEOs are compensation arrangements and do not represent open‑market buying or selling; vesting depends on continued employment and thus does not immediately change outstanding share count.