Leimkuhler Courtney 4
Research Summary
AI-generated summary
AIG Director Courtney Leimkuhler Receives 38-Share Award
What Happened
Courtney Leimkuhler, a non‑employee director of American International Group, Inc. (AIG), was credited with 38 deferred stock units (DSUs) on 2026-07-01 as an award/accrual of dividend equivalents. The filing lists this as a derivative award (code A); no purchase price or immediate cash value is reported.
Key Details
- Transaction date: 2026-07-01; Form 4 filed 2026-07-02 (timely filing).
- Transaction type: Award/Grant (A) — 38 DSUs (derivative instrument).
- Price/Value: N/A on the Form 4; value will depend on AIG share price at settlement.
- Shares owned after transaction: not specified in the filing.
- Footnotes:
- F1: These DSUs are dividend equivalents that will be settled 1-for-1 in AIG common shares on the last trading day of the month the director’s board service ends, unless the director elected to defer vesting.
- F2: These DSUs were previously granted as non‑employee director compensation.
Context
DSUs are a form of director compensation, not an open‑market purchase or sale; they convert to ordinary shares at settlement (usually upon leaving board service or a deferred vesting date). Because no cash changed hands and no immediate shares traded in the market, this award is routine compensation rather than an active buy or sell signal.