American International Group, Inc. (AIG) recently filed a Form 144 with the Securities and Exchange Commission (SEC), indicating that certain shareholders, including company executives, directors, and large investors, are planning to sell a significant number of shares in the company. Form 144 is required to be filed with the SEC when insiders of a company plan to sell their shares. This filing provides transparency to investors and helps prevent insider trading.
AIG, a leading global insurance organization with operations in more than 80 countries and jurisdictions, offers a wide range of property casualty insurance, life insurance, retirement products, and other financial services. The company has a strong presence in the insurance market and is known for its innovative products and services. For more information about AIG, you can visit their website at https://www.aig.com/.
Form 144 is a notice of proposed sale of securities filed with the SEC by an affiliate of the issuer. It is required when the affiliate intends to sell more than 5,000 shares or other securities within any three-month period. The form includes information about the affiliate, the issuer, and the securities to be sold. This filing is an important disclosure for investors as it provides insight into the trading activities of insiders and helps maintain transparency in the market.
Read More:
American International Group, Inc. Files Form 144 with the SEC (0000005272) – Latest Update
Leave a Reply