F&G (NYSE: FG) CFO logs 10,566-share tax withholding in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
F&G Annuities & Life, Inc. President and CFO Conor Murphy reported a tax-related share disposition. On the reported date, 10,566 shares of Common Stock were transferred at $25.79 per share to satisfy tax obligations, not as an open-market sale. Following this transaction and previously unreported purchases under the company’s ESPP plan, he now directly holds 195,212.816 shares of F&G common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Murphy Conor
Role
President and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 10,566 | $25.79 | $272K |
Holdings After Transaction:
Common Stock — 195,212.816 shares (Direct)
Footnotes (1)
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Key Figures
Tax-withholding shares: 10,566 shares
Reference price: $25.79 per share
Post-transaction holdings: 195,212.816 shares
3 metrics
Tax-withholding shares
10,566 shares
Common Stock delivered for tax liability
Reference price
$25.79 per share
Value used for tax-withholding disposition
Post-transaction holdings
195,212.816 shares
Direct F&G common stock held by Conor Murphy
Key Terms
Employee Stock Purchase Plan, tax-withholding disposition, Common Stock, Payment of exercise price or tax liability by delivering securities
4 terms
Employee Stock Purchase Plan financial
"Reflects purchases under the Company's ESPP plan which are not required"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Payment of exercise price or tax liability by delivering securities financial
""transaction_code_description": "Payment of exercise price or tax liability by delivering securities""
FAQ
What did F&G (FG) executive Conor Murphy report on this Form 4?
Conor Murphy reported a tax-related share disposition of F&G common stock. He had 10,566 shares transferred at $25.79 per share to cover tax obligations, rather than executing an open-market sale. The filing aligns his reported holdings with his actual ownership.
Was Conor Murphy’s F&G (FG) Form 4 transaction an open-market sale?
No, the Form 4 describes a tax-withholding disposition, not an open-market sale. Code F indicates shares were delivered to cover tax obligations. The footnote emphasizes this filing is meant to accurately reflect his ownership, including prior ESPP purchases, rather than signal discretionary selling.
What is the role of F&G’s ESPP in Conor Murphy’s reported holdings?
The footnote explains that prior purchases under F&G’s Employee Stock Purchase Plan were not previously reported on an ongoing basis. They are now included in this Form 4 to align the disclosed share count with Conor Murphy’s actual current ownership of the issuer’s common stock.