---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-26-011260"
form_type: "8-K"
ticker: "CRBG"
cik: "0001889539"
company_name: "Corebridge Financial, Inc."
filed_at: "2026-03-26T23:59:59+00:00"
generated_at: "2026-05-15T08:53:57.415971+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# Corebridge and Equitable agree to all-stock merger; CRBG holders own ~51% of new HoldCo

## Summary
- Each Corebridge share converts to 1.0 share of HoldCo common; each Equitable share converts to 1.55516 shares.
- Corebridge shareholders to own ~51%, Equitable shareholders ~49% of combined HoldCo.
- Termination fee of $475M payable by either party under certain conditions.
- Mark Pearson to become Executive Chair; Marc Costantini to become CEO of HoldCo; HQ in Houston.
- Transaction expected to close by December 26, 2026, subject to stockholder and regulatory approvals.

## SEC filing metadata
- accession: 0001140361-26-011260
- form_type: 8-K
- ticker: CRBG
- cik: 0001889539
- company_name: Corebridge Financial, Inc.
- filed_at: 2026-03-26T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1889539/000114036126011260/0001140361-26-011260-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1889539/000114036126011260/ef20068723_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-011260
- JSON: https://secwatch.observer/filing/0001140361-26-011260.json
- Plain text: https://secwatch.observer/filing/0001140361-26-011260.txt

## Key facts
- Material Agreements
  Corebridge Financial, Inc. entered into Agreement and Plan of Merger with Equitable Holdings, Inc. (effective 2026-03-26).
  - Action: entry
  - Agreement: merger
  - Counterparty: Equitable Holdings, Inc.
  - Effective: 2026-03-26
  source text: On March 26, 2026, Corebridge Financial, Inc., a Delaware corporation (“Corebridge”), entered into an Agreement and Plan of Merger (the “Merger Agreement”), by and among Corebridge, Equitable Holdings, Inc., a Delaware corporation (“Equitable”), Mountain Holding, Inc., a newly formed Delaware corporation and wholly-owned subsidiary of Corebridge (“HoldCo”), Palisade Holding, Inc., a newly formed Delaware corporation and a wholly-owned subsidiary of HoldCo (“Corebridge Merger Sub”), and Marcy Holding, Inc., a newly formed Delaware corporation and a wholly-owned subsidiary of HoldCo (“Equitable Merger Sub”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1889539/000114036126011260/0001140361-26-011260-index.htm

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