Palmer Elizabeth 4
Research Summary
AI-generated summary
Corebridge (CRBG) CMO Elizabeth Palmer Receives RSU Award
What Happened Elizabeth Palmer, Chief Marketing Officer of Corebridge Financial (CRBG), was granted equity awards on February 19, 2026. The Form 4 reports two grant entries: 4,852 restricted stock units (RSUs) and 19,505 derivative units (both reported at $0.00), for a total of 24,357 shares/units granted. These awards are grants (code A) under Corebridge’s 2022 Omnibus Incentive Plan and are contingent on continued employment and future vesting.
Key Details
- Transaction date(s): February 19, 2026; Form 4 filed February 23, 2026 (appears timely).
- Grants and amounts reported: 4,852 RSUs (F1) and 19,505 derivative units (both at $0.00); total reported on the transaction lines = 24,357.
- Vesting: F1 states the 4,852 RSUs vest in equal installments on the first, second and third anniversaries of the grant date (contingent on continued employment). Footnote F3 references an employee stock option that vests in three equal annual installments beginning Feb 19, 2027.
- Footnote F2: the filing also notes “Includes 25,111 RSUs” (reported by the company); the filing does not present a separate line-item of total shares owned after these grants beyond the referenced footnote.
- Nature of transaction: Award/grant (not a purchase or sale) — no immediate cash proceeds or open-market trade.
Context RSUs (restricted stock units) and related derivative awards are compensation that convert into company shares only after vesting and meeting any service conditions; they do not represent immediately tradable stock until vested and issued. These grants are routine executive compensation and do not, by themselves, indicate an immediate buy or sell decision by the insider.