STOCK TITAN

Preset buyback plan lets F&G (NYSE: FG) repurchase its common stock

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

F&G Annuities & Life, Inc. adopted a pre-arranged Rule 10b5-1 trading plan on March 30, 2026 to repurchase shares of its common stock under previously authorized buyback programs. A broker may begin open-market repurchases no earlier than April 7, 2026, following tiered price-based rules and daily volume limits.

The broker has discretion over execution, and the plan is intended to allow repurchases during periods when direct trading might be restricted by insider trading laws. The plan ends on May 30, 2026 unless terminated earlier. F&G is not obligated to repurchase any shares, and actual buybacks will depend on plan conditions and market price.

Positive

  • None.

Negative

  • None.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Senior Notes coupon 7.950% Interest rate on Senior Notes due 2053
Junior Subordinated Notes coupon 7.300% Interest rate on Junior Subordinated Notes due 2065
Common stock par value $0.001 per share Par value of F&G common stock
Rule 10b5-1 regulatory
"entered into a written trading plan ... in accordance with Rule 10b5‑1"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Rule 10b-18 regulatory
"in accordance with Rule 10b‑18 and Rule 10b5‑1 under the Exchange Act"
Rule 10b-18 is a regulation that sets strict rules for how a company's executives and employees can buy back their own company's stock from the market. It helps ensure that these buybacks happen in a fair and transparent way, reducing the chance of market manipulation. This is important for investors because it offers protection against unfair practices and promotes confidence in the integrity of the stock market.
share repurchase programs financial
"repurchasing shares of the Company’s common stock pursuant to one or more share repurchase programs"
A share repurchase program is when a company uses its cash to buy back its own stock from the market, reducing the number of shares held by outside investors. For investors this matters because fewer shares can increase each remaining share’s portion of profits and often supports the stock price, like slicing the same pie into fewer pieces so each piece is larger, and it also signals how management prioritizes returning cash versus other uses.
tiered structure financial
"repurchases to be made based on a tiered structure tied to the market price"
emerging growth company regulatory
"405 of this chapter) or Rule 12b-2 of the Securities Exchange Act ... Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
0001934850false00019348502026-04-012026-04-010001934850us-gaap:CommonStockMember2026-04-012026-04-010001934850fg:A7.950SeniorNotesDue2053Member2026-04-012026-04-010001934850fg:A7.300JuniorSubordinatedNotesDue2065Member2026-04-012026-04-01

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): March 30, 2026
F&G Annuities & Life, Inc. 
(Exact Name of Registrant as Specified in its Charter)
001-41490
(Commission File Number)
Delaware
85-2487422
(State or Other Jurisdiction of 
Incorporation)
(IRS Employer Identification No.)
801 Grand Avenue, Suite 2600
Des Moines, Iowa 50309
(Address of Principal Executive Offices)
(866) 846-4660
(Registrant’s Telephone Number, Including Area Code)
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of Each Class
Trading Symbol
Name of Each Exchange on Which Registered
F&G Common Stock, $0.001 par value
FG
New York Stock Exchange
7.950% Senior Notes due 2053
FGN
New York Stock Exchange
7.300% Junior Subordinated Notes due 2065
FGSN
New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company  
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   



Item 8.01. Other Events.
On March 30, 2026, F&G Annuities & Life, Inc. (the “Company”) entered into a written trading plan (the “Plan”), in accordance with Rule 10b5‑1 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), for the purpose of repurchasing shares of the Company’s common stock, par value $0.001 (the “Common Stock”) pursuant to one or more share repurchase programs previously authorized by the Company’s Board of Directors.
Under the Plan, beginning no earlier than April 7, 2026, the broker may effect repurchases of the Company’s Common Stock on the Company’s behalf in the open market, subject to specified price parameters, daily volume limitations, and other conditions set forth in the Plan and in accordance with Rule 10b‑18 and Rule 10b5‑1 under the Exchange Act. The Plan provides for repurchases to be made based on a tiered structure tied to the market price of the Common Stock and grants the broker discretion over the execution of transactions. The Plan is designed to permit repurchases at times when the Company might otherwise be prevented from doing so under applicable insider trading laws.

The Plan will terminate on May 30, 2026, unless earlier terminated in accordance with its terms. The actual number of shares repurchased, if any, and the timing and amount of any such repurchases will depend on the terms and conditions of the Plan, including the market price of the Common Stock. The Company is not obligated to repurchase any shares under the Plan, and there can be no assurance that any particular amount of shares of the Common Stock will be repurchased.

Item 9.01 Financial Statements and Exhibits.
(d)    Exhibits.
Exhibit
Description
104
Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.



SIGNATURE
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.
F&G Annuities & Life, Inc.
Date: April 1, 2026
By:
/s/ Michael L. Gravelle
Name:
Michael L. Gravelle
Title:
Executive Vice President, General Counsel and Corporate Secretary

FAQ

What did F&G (FG) announce regarding its stock repurchase activity?

F&G adopted a Rule 10b5-1 trading plan to repurchase its common stock under existing buyback programs. The pre-arranged plan guides a broker’s open-market purchases, using price tiers and volume limits, while helping the company trade during potential insider trading blackout periods.

When can F&G (FG) share repurchases under the new plan begin?

Repurchases under F&G’s Rule 10b5-1 plan may begin no earlier than April 7, 2026. From that date, the broker can buy shares in the open market, following the plan’s price tiers, daily trading volume limits, and other detailed conditions governing execution.

Does F&G (FG) have to buy a specific number of shares under the plan?

F&G is not obligated to repurchase any particular number of shares under the plan. Actual repurchases, if any, will depend on the plan’s terms and the market price of the common stock, so the final volume of buybacks remains entirely open-ended.

How long will F&G’s (FG) Rule 10b5-1 repurchase plan remain in effect?

The repurchase plan is scheduled to terminate on May 30, 2026, unless ended earlier under its terms. Until then, the broker can execute buybacks within the plan’s constraints, including price-based tiers, daily volume limits, and compliance with Rule 10b-18 and Rule 10b5-1.

Why did F&G (FG) use a Rule 10b5-1 trading plan for buybacks?

F&G used a Rule 10b5-1 trading plan so share repurchases can continue even when the company might otherwise be restricted by insider trading rules. The pre-set instructions let a broker execute buybacks without day-to-day involvement from company insiders.

Filing Exhibits & Attachments

4 documents