Hancock Jonathan 4

What Happened Jonathan Hancock, Executive Vice President and CEO, International Insurance at American International Group (AIG), was granted a package of stock-based awards on February 17, 2026 totaling 91,266 units. The Form 4 shows three award entries: 15,673 shares (award/RSU), 16,360 shares (RSU), and 59,233 derivative securities (performance share units). All grants show an acquisition price of $0.00 (these are compensation awards, not open-market purchases).

Key Details

• Transaction date: February 17, 2026; Form 4 filed February 18, 2026 (timely).
• Reported amounts: 15,673; 16,360; and 59,233 units — total 91,266.
• Reported acquisition price: $0.00 for all entries (compensation grants).
• Shares owned after the transaction: not stated in the filing.
• Footnotes of note:
  • F1: The 59,233 derivative units reflect performance share units earned from a 2023 PSU grant based on performance for the three-year period ended Dec 31, 2025.
  • F2: One RSU grant vests ratably over three years (Feb 17 of 2027–2029), subject to continued employment; each RSU converts to one share on vesting.
  • F3: Breaks out RSU composition (includes 2026, 2025 and 2024 RSUs).
  • F4: The filing also references 2026 stock options, which vest ratably over three years (Feb 17 of 2027–2029).
• No sales, exercises, or immediate dispositions were reported in this filing.

Context These entries are grants and earned performance awards (not open-market purchases or sales). RSUs convert to shares only upon vesting and the PSUs reflect earned compensation from prior multi-year performance targets; 2026 stock options were granted and will vest in future years. Because these are compensation awards, they reflect company pay decisions and vesting schedules rather than an immediate cash transaction or market-sale signal.