Navagamuwa Roshan 4
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AIG EVP & CIO Roshan Navagamuwa Receives Equity Award
What Happened Roshan Navagamuwa, Executive Vice President and Chief Information Officer of American International Group, Inc. (AIG), received equity awards on February 17, 2026: 5,189 restricted stock units (RSUs) and 18,788 derivative awards (reported as a grant/derivative). Both grants were recorded at $0.00 (standard for compensation awards), meaning no cash was paid by the insider. The RSUs convert to one share of AIG common stock upon vesting; the stock-option-style awards are subject to a time-based vesting schedule.
Key Details
- Transaction date: February 17, 2026; Form 4 filed February 18, 2026.
- Reported consideration: $0.00 per share/award (compensation grant).
- Awards: 5,189 RSUs; 18,788 derivative awards (2026 Stock Options).
- Vesting: Both RSUs and 2026 Stock Options vest ratably over three years (Feb 17, 2027; Feb 17, 2028; Feb 17, 2029), subject to continued employment (F1, F3).
- RSU breakdown noted in filing (F2): includes 5,189 2026 RSUs plus other outstanding RSUs (11,657; 3,522 for 2025; 3,816 for 2024), totaling 24,184 RSUs.
- Shares owned after transaction: not specified in the filing.
- Filing timeliness: filed the day after the transaction (no late-filing flag indicated).
Context These entries are compensation grants (awards), not open-market purchases or sales. RSUs represent a contingent right to receive shares upon vesting; the stock-option-style awards vest over time and are not exercises or sales at grant. Such awards are routine components of executive pay and do not, by themselves, indicate immediate buying or selling of stock.