Zaffino Peter

Peter Zaffino, Chairman & CEO of AIG, has demonstrated a clear selling bias in his recent insider transactions, with $59 million in total sales outweighing $21.5 million in purchases across 25 filings since late 2023. His most significant disposals occurred on March 15, 2024, when he sold $25.2 million and $73,696 worth of AIG shares alongside a $21.5 million acquisition, suggesting a partial divestment. The pattern intensified in 2025-2026, with three multi-million-dollar sales: $8.4 million on March 4, 2025, $3.2 million on December 8, 2025, and $10.8 million on March 3, 2026. These transactions were coded as derivative dispositions (Code F), indicating they likely involved option exercises or award settlements rather than open-market sales. Zaffino’s activity shows no recent purchases, with his last acquisition occurring in March 2024. The majority of his filings since then—including five in 2026 alone—reflect either derivative adjustments (Code A) or dispositions. While some filings show no monetary value (typically reflecting administrative adjustments), the monetarily significant transactions uniformly reduce his exposure. This consistent selling activity, particularly the two high-value dispositions in Q1 2026, suggests an ongoing effort to liquidate portions of his AIG holdings, though the transactions appear structured and routine rather than abrupt. The absence of compensatory buying during this period reinforces the directional trend toward reducing his stake.