Costantini Marc 4
Research Summary
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Corebridge (CRBG) CEO Marc Costantini Receives Award
What Happened
- Marc Costantini, President & CEO and a director of Corebridge Financial, received equity awards on February 19, 2026. The filing shows 64,703 Restricted Stock Units (RSUs) granted at $0 and an additional 260,078 units reported as a derivative acquisition (also $0). These grants are awards (transaction code A) and not open-market purchases or sales.
Key Details
- Transaction date: 2026-02-19; Filing date: 2026-02-23 (filed within the typical two-business-day Form 4 window).
- Price: $0.00 per share for both the RSU grant (64,703) and the derivative award (260,078).
- Shares owned after transaction: Not specified in the report.
- Notable footnotes:
- F1: The 64,703 RSUs are subject to the 2022 Omnibus Incentive Plan, exempt under Rule 16b-3, and vest in equal installments on the first, second and third anniversaries of the grant date; each RSU converts to one share upon vesting and is contingent on continued employment.
- F2: The filing notes “Includes 150,114 RSUs” (reported context within the filing).
- F3: The filing references an employee stock option under the 2022 Incentive Plan that vests in three equal annual installments beginning Feb 19, 2027 (i.e., a future vesting schedule for an option-style award).
- Timing code: Award/Grant (A). No sale or exercise occurred.
Context
- RSUs are contingent rights to receive shares upon vesting and typically carry no immediate cash proceeds; these are grant awards rather than purchases or exercises. The derivative line and F3 indicate option-type awards that vest in future periods; nothing was exercised or sold in this filing. Awards like these are routine compensation for executives and are generally exempt under Rule 16b-3.