AIG Files 8-K: Material Definitive Agreement
Ticker: AIG · Form: 8-K · Filed: Jun 10, 2024 · CIK: 5272
Sentiment: neutral
Topics: material-agreement, disclosure
Related Tickers: AIG
TL;DR
AIG signed a big deal, filing details today.
AI Summary
On June 9, 2024, American International Group, Inc. (AIG) entered into a material definitive agreement related to its financial statements and exhibits. The filing also includes a Regulation FD disclosure. Specific details of the agreement and any associated financial figures were not provided in the accessible portion of the filing.
Why It Matters
This filing indicates a significant contractual development for AIG, which could have implications for its financial reporting and regulatory compliance.
Risk Assessment
Risk Level: low — The filing is a standard disclosure of a material agreement without immediate negative financial implications mentioned.
Key Players & Entities
- AMERICAN INTERNATIONAL GROUP, INC. (company) — Registrant
- June 9, 2024 (date) — Date of earliest event reported
- June 10, 2024 (date) — Date of report
FAQ
What is the nature of the material definitive agreement entered into by AIG?
The filing states that AIG entered into a material definitive agreement, but the specific details of this agreement are not provided in the accessible text.
What is the date of the earliest event reported in this 8-K filing?
The earliest event reported is dated June 9, 2024.
What is the filing date for this 8-K report?
This 8-K report was filed on June 10, 2024.
Under which section of the Securities Exchange Act of 1934 is this report filed?
This report is filed pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934.
What is AIG's state of incorporation and IRS number?
AIG is incorporated in Delaware and its IRS number is 13-2592361.
Filing Stats: 680 words · 3 min read · ~2 pages · Grade level 10.4 · Accepted 2024-06-10 06:30:46
Key Financial Figures
- $2.50 — ich registered Common Stock, Par Value $2.50 Per Share AIG New York Stock Exchange
Filing Documents
- aig-20240609.htm (8-K) — 40KB
- a991-june10.htm (EX-99.1) — 11KB
- image1a.jpg (GRAPHIC) — 28KB
- imagea.jpg (GRAPHIC) — 2KB
- 0000005272-24-000058.txt ( ) — 256KB
- aig-20240609.xsd (EX-101.SCH) — 3KB
- aig-20240609_def.xml (EX-101.DEF) — 15KB
- aig-20240609_lab.xml (EX-101.LAB) — 27KB
- aig-20240609_pre.xml (EX-101.PRE) — 16KB
- aig-20240609_htm.xml (XML) — 4KB
01. Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement. On June 9, 2024, American International Group, Inc. ("AIG") waived its right under the Separation Agreement dated as of September 14, 2022 and amended as of May 16, 2024 between AIG and Corebridge Financial, Inc. ("Corebridge") to include a majority of the candidates on each slate of candidates recommended by the Corebridge Board of Directors (the "Board") to Corebridge's stockholders in connection with a meeting of stockholders (each, a "Corebridge Slate"). The foregoing description of the waiver does not purport to be complete and is qualified in its entirety by reference to the full text of the waiver, a copy of which will be attached as an exhibit to AIG's Quarterly Report on Form 10-Q for the quarter ended June 30, 2024. Section 7 – Regulation FD
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On June 10, 2024, AIG announced that it has met the requirements for the deconsolidation for accounting purposes of Corebridge. The deconsolidation is a result of the resignation of Christopher Schaper, AIG Executive Vice President, Global Chief Underwriting Officer from the Board and AIG's waiver of its right to include a majority of the candidates for election on each Corebridge Slate. Following Mr. Schaper's resignation, the Board's size has been reduced to twelve directors. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein. Section 9 – Financial Statements and Exhibits
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. 99.1 Press release of American International Group, Inc., dated June 10 , 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). EXHIBIT INDEX Exhibit No. Description 99.1 Press release of American International Group, Inc., dated June 10 , 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. AMERICAN INTERNATIONAL GROUP, INC. (Registrant) Date: June 10, 2024 By: /s/ Christina Banthin Name: Christina Banthin Title: Senior Vice President and Corporate Secretary