Fry Charles 4

What Happened

• Charles Fry, Executive Vice President, Reinsurance & Risk Capital Optimization at American International Group (AIG), was granted a mix of performance share units (PSUs), restricted stock units (RSUs) and stock options on February 17, 2026. The filing reports: 20,363 performance-based shares (PSUs) earned, 7,083 RSUs, and 25,646 shares reported as a derivative (stock options) — totaling 53,092 units — all reported at $0.00 acquisition price (these are compensation awards, not open-market purchases).

Key Details

• Transaction date: February 17, 2026; Form 4 filed February 18, 2026 (timely).
• Reported amounts: 20,363 PSUs (F1), 7,083 RSUs (F2/F3), 25,646 stock options (derivative) (F4). All shown at $0.00 acquisition price.
• Vesting/conditions: PSUs reflect earned awards for the 2023–2025 performance period (F1). The 2026 RSUs vest ratably over three years (Feb 17, 2027–2029) (F2). The 25,646 2026 stock options vest ratably over three years (F4). F3 breaks the RSU total into 7,083 (2026), 4,390 (2025), 6,690 and 4,892 (2024) RSUs.
• Shares owned after transaction: not specified in the provided excerpt.
• No tax-withholding, sale, or 10b5-1 plan noted in this filing excerpt.

Context

• These transactions are compensation grants/vested performance awards (coded “A” in the filing), not purchases or open-market sales. PSUs and RSUs represent rights to future shares subject to vesting and employment/performance conditions; stock options are derivative awards that vest over time. Such awards are routine components of executive compensation and do not necessarily indicate the insider buying or selling stock in the market.