---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-101574"
form_type: "8-K"
ticker: "AIG"
cik: "0000005272"
company_name: "AMERICAN INTERNATIONAL GROUP, INC."
filed_at: "2022-09-20T23:59:59+00:00"
generated_at: "2026-06-23T08:38:55.730671+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# AIG sells 80M shares of Corebridge in IPO at $21/share, gross proceeds $1.613B

## Summary
- Underwriting agreement: AIG to sell 80M Corebridge shares at $21 each, gross proceeds ~$1.613B; underwriters have 30-day option for 12M more.
- Separation Agreement governs post-IPO relationship: AIG retains board designation rights, consent rights on major actions while >50% owner.
- Registration Rights Agreement gives AIG demand and piggyback registration rights for its Corebridge shares after lock-up expiry.
- AIG's lock-up on Corebridge shares lasts 180 days from IPO prospectus date, subject to exceptions.
- IPO proceeds to AIG before expenses ~$1.613B; Corebridge remains a majority-owned subsidiary post-IPO.

## SEC filing metadata
- accession: 0001104659-22-101574
- form_type: 8-K
- ticker: AIG
- cik: 0000005272
- company_name: AMERICAN INTERNATIONAL GROUP, INC.
- filed_at: 2022-09-20T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/5272/000110465922101574/0001104659-22-101574-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/5272/000110465922101574/tm2226243d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-101574
- JSON: https://secwatch.observer/filing/0001104659-22-101574.json
- Plain text: https://secwatch.observer/filing/0001104659-22-101574.txt

## Key facts
- Executive change
  Kevin Hogan departed as Executive Vice President and Chief Executive Officer, Life and Retirement at AMERICAN INTERNATIONAL GROUP, INC..
  - Action: no longer serves
  - Role: Executive Vice President and Chief Executive Officer, Life and Retirement
  source text: Kevin Hogan, President and Chief Executive Officer of Corebridge, no longer serves as Executive Vice President and Chief Executive Officer, Life and Retirement, AIG.
  evidence_url: https://www.sec.gov/Archives/edgar/data/5272/000110465922101574/0001104659-22-101574-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.