Cropper Elizabeth B 4

What Happened
Elizabeth B. Cropper, EVP & Chief Human Resources Officer of Corebridge Financial (CRBG), received equity awards on February 19, 2026: 9,301 restricted stock units (RSUs) and a derivative award in the form of an employee stock option covering 37,386 shares. Both grants were reported at $0.00 per share (standard for RSU/option grants) and are compensation awards rather than open-market purchases or sales.

Key Details

• Transaction date: February 19, 2026; Form 4 filed February 23, 2026 (timely filing).
• Grants: 9,301 RSUs (grant), and a derivative employee stock option covering 37,386 shares (award). Both reported acquisition price: $0.00.
• Shares/units after transaction: filing notes a total that “includes 45,627 RSUs” (per footnote).
• Vesting: RSUs vest in three equal annual installments on the first, second, and third anniversaries of the grant ( contingent on continued employment). The employee stock option vests in three equal annual installments beginning Feb 19, 2027 (also contingent on continued employment).
• Footnotes: F1 explains each RSU converts to one share upon vesting; F2 notes the RSU total referenced above; F3 describes the option vesting schedule. No 10b5-1 plan, tax-withholding sale, or gift noted.

Context
These transactions are company compensation awards (not purchases or sales). RSUs and options typically vest over multiple years and depend on continued employment, so there is no immediate share issuance or sale. Such grants are routine for executives and reflect compensation structure rather than a direct market signal to buy or sell CRBG stock.