Lafnitzegger Kelly 4

What Happened

• Kelly Lafnitzegger, EVP and Chief Human Resources Officer at American International Group (AIG), received equity awards on February 17, 2026: 5,675 restricted stock units (RSUs) and 20,549 derivative stock-based awards (reported at $0.00 per share, as these are compensation grants).
• The RSU grant (5,675) converts to one share per RSU at vesting; the 20,549 derivative entry represents additional stock-based awards including 2026 stock options. Total cash paid for these grants was $0 (standard compensation grants).

Key Details

• Transaction date: 2026-02-17; Filing date: 2026-02-18 (timely).
• Reported amounts: 5,675 RSUs (at $0.00) and 20,549 derivative awards/options (at $0.00).
• Vesting: RSUs granted on Feb 17, 2026 vest ratably over three years (Feb 17, 2027; Feb 17, 2028; Feb 17, 2029). The 2026 stock options also vest ratably over the same three-year schedule.
• Footnotes: F2 lists RSU components as 5,675 (2026 RSUs), 2,752 (2025 RSUs) and 2,149 (2024 RSUs). F3 confirms the 20,549 derivative entry includes the 2026 stock options. Each RSU represents the right to one share upon vesting.
• Shares owned after the transaction: Not disclosed in the Form 4.

Context

• These were grant awards as part of compensation, not open-market purchases or sales. Grants are common executive pay practices and do not by themselves indicate a buy/sell market signal.
• The options were granted and will vest over time; they were not exercised or sold in this filing.