F&G Annuities & Life, Inc.
FG, FGN, FGSN · Life Insurance · 132.5M shares · -17%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: -$5M (gross $18M, SBC $23M)
Reference price $20.98 · est. market cap ~$2.8B — last insider purchase, 2026-03-13 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C64F&G Annuities & Life — spread-based annuity/life insurer (FNF-affiliated).
Strengths
- Very strong operating cash margin (88th pct); growing annuity franchise
Risks
- Low ROA (38th) and ROE (33rd); leverage (D/E 0.47, 70th)
- Credit-spread and rate sensitivity
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Strong balance sheetStrong balance sheet — $1.5B cash & investments
- Insider buyingInsider buying — 3 open-market buy(s) by 2 insider(s) (cluster of 2 insiders, ~$457,565, last 6mo) Form 4 ↗
- Buying back stockNet buyback — share count -17%/yr over 3y
- Revenue declineRevenue -32.7% YoY
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Net margin
4.6%
Return on equity
5.5%
Return on assets
0.3%
Revenue growth (QoQ)
-32.7%
Net-income growth
-58.5%
Debt / equity
0.5×
Tangible book value
$2.1B
Cash & investments
$1.5B
Stock comp / revenue
0.5%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-04-01 | QUIRK RAYMOND R | Grant | 1.1K | — |
| 2026-04-01 | Nolan Michael Joseph | Grant | 1.1K | — |
| 2026-04-01 | Ammerman Douglas K | Grant | 863 | — |
| 2026-04-01 | Murphy Conor | Tax withheld | 11K | $25.79 |
| 2026-03-24 | Gravelle Michael L | Tax withheld | 855 | $24.28 |
| 2026-03-13 | Doka Celina J. Wang | Buy | 4.8K | $20.98 |
| 2026-03-13 | Blunt Christopher O | Buy | 10K | $20.99 |
| 2026-02-27 | Young Wendy J.B. | Tax withheld | 4.1K | $22.65 |
| 2026-02-27 | FOLEY WILLIAM P II | Tax withheld | 12K | $22.65 |
| 2026-02-27 | Blunt Christopher O | Tax withheld | 21K | $22.65 |
| 2026-01-05 | QUIRK RAYMOND R | Grant | 941 | — |
| 2026-01-05 | Ammerman Douglas K | Grant | 762 | — |
| 2026-01-05 | Nolan Michael Joseph | Grant | 941 | — |
| 2026-01-02 | Blunt Christopher O | Buy | 5.0K | $29.56 |
| 2025-12-31 | Ammerman Douglas K | Other | 8.3K | $30.85 |
| 2025-12-31 | QUIRK RAYMOND R | Other | 132K | $30.85 |
| 2025-12-31 | Nolan Michael Joseph | Other | 21K | $30.85 |
| 2025-12-31 | Blunt Christopher O | Other | 5.5K | $30.85 |
| 2025-12-01 | Young Wendy J.B. | Tax withheld | 6.9K | $32.66 |
| 2025-12-01 | Punjabi Leena | Tax withheld | 2.3K | $32.66 |
| 2025-12-01 | FOLEY WILLIAM P II | Tax withheld | 54K | $32.66 |
| 2025-12-01 | Currier John David Jr. | Tax withheld | 5.6K | $32.66 |
| 2025-12-01 | Blunt Christopher O | Tax withheld | 40K | $32.66 |
| 2025-11-19 | Blunt Christopher O | Buy | 5.0K | $29.88 |
| 2025-11-14 | Young Wendy J.B. | Tax withheld | 5.0K | $32.46 |
| 2025-11-14 | Punjabi Leena | Tax withheld | 2.7K | $32.46 |
| 2025-11-14 | FOLEY WILLIAM P II | Tax withheld | 21K | $32.46 |
| 2025-11-14 | Currier John David Jr. | Tax withheld | 4.1K | $32.46 |
| 2025-11-14 | Blunt Christopher O | Tax withheld | 28K | $32.46 |
| 2025-11-10 | Martinez Douglas | Grant | 6.4K | — |
| 2025-11-10 | Rood John D | Grant | 6.4K | — |
| 2025-11-10 | FOLEY WILLIAM P II | Grant | 199K | — |
| 2025-11-10 | Gravelle Michael L | Grant | 9.2K | — |
| 2025-11-10 | QUIRK RAYMOND R | Grant | 6.4K | — |
| 2025-11-10 | Nolan Michael Joseph | Grant | 6.4K | — |
| 2025-11-10 | Ammerman Douglas K | Grant | 6.4K | — |
| 2025-11-10 | Doka Celina J. Wang | Grant | 6.4K | — |
| 2025-11-10 | Punjabi Leena | Grant | 22K | — |
| 2025-11-10 | Young Wendy J.B. | Grant | 39K | — |
| 2025-11-10 | Murphy Conor | Grant | 123K | — |
| 2025-11-10 | Blunt Christopher O | Grant | 260K | — |
| 2025-10-01 | QUIRK RAYMOND R | Grant | 892 | — |
| 2025-10-01 | Ammerman Douglas K | Grant | 722 | — |
| 2025-10-01 | Nolan Michael Joseph | Grant | 892 | — |
| 2025-09-18 | Punjabi Leena | Sell | 3.0K | $33.81 |
| 2025-09-02 | Blunt Christopher O | Buy | 7.0K | $34.02 |
| 2025-07-01 | QUIRK RAYMOND R | Grant | 845 | — |
| 2025-07-01 | Nolan Michael Joseph | Grant | 845 | — |
| 2025-07-01 | Ammerman Douglas K | Grant | 684 | — |
| 2025-05-19 | Blunt Christopher O | Buy | 6.0K | $31.88 |
| 2025-05-16 | Blunt Christopher O | Buy | 5.0K | $32.11 |
| 2025-05-15 | Blunt Christopher O | Buy | 15K | $30.78 |
| 2025-05-12 | Blunt Christopher O | Buy | 15K | $31.31 |
| 2025-05-09 | Blunt Christopher O | Buy | 10K | $30.80 |
| 2025-04-01 | Ammerman Douglas K | Grant | 604 | — |
| 2025-04-01 | QUIRK RAYMOND R | Grant | 746 | — |
| 2025-04-01 | Nolan Michael Joseph | Grant | 746 | — |
| 2025-04-01 | Murphy Conor | Grant | 81K | — |
| 2025-03-27 | Gravelle Michael L | Buy | 7.0K | $36.00 |
| 2025-03-27 | Blunt Christopher O | Buy | 10K | $35.96 |
| 2025-03-25 | Doka Celina J. Wang | Buy | 3.0K | $35.24 |
| 2025-03-25 | Blunt Christopher O | Buy | 10K | $35.65 |
| 2025-03-24 | Blunt Christopher O | Buy | 10K | $35.03 |
| 2025-03-24 | Gravelle Michael L | Grant | 8.6K | — |
| 2025-03-24 | Punjabi Leena | Grant | 29K | — |
| 2025-03-03 | Young Wendy J.B. | Tax withheld | 4.6K | $42.58 |
| 2025-03-03 | Punjabi Leena | Tax withheld | 2.0K | $42.58 |
| 2025-03-03 | Currier John David Jr. | Tax withheld | 4.1K | $42.58 |
| 2025-01-06 | QUIRK RAYMOND R | Grant | 641 | $41.52 |
| 2025-01-06 | Nolan Michael Joseph | Grant | 641 | $41.52 |
| 2025-01-06 | Ammerman Douglas K | Grant | 1.0K | $41.52 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-25 | Shareholder vote | filing ↗ |
| 2026-06-16 | Material agreementExec/director changeExhibits | filing ↗ |
| 2026-05-06 | ResultsReg FDExhibits | filing ↗ |
| 2026-04-01 | OtherExhibits | filing ↗ |
| 2026-02-19 | ResultsReg FDExhibits | filing ↗ |
| 2025-12-18 | OtherExhibits | filing ↗ |
| 2025-11-10 | OtherExhibits | filing ↗ |
| 2025-11-06 | ResultsReg FDExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-25 | 2026-06-24 | 0001934850-26-000065 ↗ |
| 8-K | 2026-06-16 | 2026-06-15 | 0001934850-26-000061 ↗ |
| 10-Q | 2026-05-07 | 2026-03-31 | 0001934850-26-000057 ↗ |
| 8-K | 2026-05-06 | 2026-05-06 | 0001934850-26-000053 ↗ |
| 8-K | 2026-04-01 | 2026-03-30 | 0001934850-26-000039 ↗ |
| 10-K | 2026-02-26 | 2025-12-31 | 0001934850-26-000026 ↗ |
| 8-K | 2026-02-19 | 2026-02-19 | 0001934850-26-000021 ↗ |
| 8-K | 2025-12-18 | 2025-12-18 | 0001934850-25-000130 ↗ |
| 8-K | 2025-11-10 | 2025-11-07 | 0001934850-25-000068 ↗ |
| 10-Q | 2025-11-10 | 2025-09-30 | 0001934850-25-000072 ↗ |
| 8-K | 2025-11-06 | 2025-11-06 | 0001934850-25-000061 ↗ |
| 8-K | 2025-08-08 | 2025-08-06 | 0001934850-25-000049 ↗ |