Hancock Jonathan 4

What Happened Jonathan Hancock, EVP & CEO, International Insurance at American International Group (AIG), received 6,490 shares on February 21, 2026 when a tranche of restricted stock units (RSUs) vested and were settled in common stock. The Form 4 shows an exercise/conversion of a derivative (transaction code M) acquiring 6,490 shares at $0.00 and a corresponding disposition of the derivative instrument (also 6,490 units) at $0.00 — reflecting conversion of RSUs into ordinary shares with no cash payment.

Key Details

• Transaction date: 2026-02-21; Form 4 filed 2026-02-23 (filed timely).
• Shares acquired: 6,490 AIG common shares; price reported: $0.00 (RSUs converted, not purchased).
• Transaction code: M — exercise or conversion of a derivative security (here, RSUs converting to shares).
• Footnotes:
  • F1: These 6,490 shares represent the third and final tranche of 2023 RSUs granted Feb 21, 2023 that vested Feb 21, 2026 and were settled in shares.
  • F2: The derivative securities convert to AIG common stock on a 1-to-1 basis.
  • F3: Filing notes remaining/other RSUs: 16,360 (2026), 6,455 (2025) and 2,817 (2024).
• Shares owned after transaction: The filing reports the vested shares delivered; total beneficial ownership (including already held shares) is not detailed in this notice.

Context

• This was a vesting/settlement of RSUs, not a market purchase or open-market sale. No cash changed hands — the RSUs converted into common shares (often recorded as $0.00 on Form 4).
• Receiving vested RSUs is typically part of compensation and does not by itself signal a buy/sell decision; it’s a routine compensation event.
• The filing appears timely (reported two days after the vesting date), and no 10b5-1 plan, tax-withholding sale, or sale transaction is reported in this Form 4.