Byrne John P 4

What Happened

• John P. Byrne, Executive Vice President and PFD of Corebridge Financial, received equity awards on Feb 19, 2026: 6,874 restricted stock units (RSUs) and a separate derivative award for 27,633 units (totaling 34,507 awards). Each grant was reported at $0 (typical for time‑based equity grants). The 6,874 RSUs vest in three equal annual installments on the first, second and third anniversaries of the grant date. The derivative award includes 19,363 RSUs and an employee stock option; the option vests in three equal annual installments beginning Feb 19, 2027. All vesting is contingent on continued employment.

Key Details

• Transaction date: Feb 19, 2026; Form 4 filed Feb 23, 2026 (timely filing).
• Consideration: $0 per share (standard for stock awards/grants).
• Awards received: 6,874 RSUs + 27,633 derivative awards = 34,507 total.
• Vesting: RSUs vest in equal installments over 3 years; option vests over 3 years starting 2/19/2027.
• Footnotes: F1 describes the 6,874 RSUs and their 3‑year vesting; F2 notes 19,363 RSUs are included in the derivative award; F3 describes the employee stock option and its vesting schedule. Awards are exempt under Rule 16b‑3.
• Shares owned after transaction: Not disclosed in this filing.

Context

• RSUs are rights to receive shares upon vesting (no immediate sale or cash proceeds). The employee stock option included is a future right to acquire shares if/when vested and exercised; it was not exercised in this filing.
• These are company compensation awards (not open‑market buys or sales) and are commonly used to retain executives. They are informative about pay and potential future insider ownership but do not by themselves indicate immediate insider buying or selling intentions.