FGSN — what changed in the latest 10-Q
A section-by-section comparison of FGSN's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-08-06 vs the prior 10-Q · 2026-05-07
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +39 | −26 | ~79 | 124 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~6 | 9 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 2 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | +3 | 0 | ~3 | 1 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Legal proceedings
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-08-06
•Gross sales were lower for the three and six months ended June 30, 2026 compared to the three and six months ended June 30, 2025, respectively. Core sales of indexed annuities, IUL, and PRT were lower for
the three and six months ended June 30, 2026, compared to the three and six months ended June 30, 2025, respectively, reflecting increases in indexed annuities more than offset by decreases in PRT. Opportunistic sales of MYGA and funding agreements are subject to fluctuation period to period based o…
•Sales attributable to flow reinsurance to third parties, including the new reinsurance vehicle effective August 1, 2025, were lower during the three months ended June 30, 2026 and higher during the six months ended June 30, 2026, compared to the three and six months ended June 30, 2025, respectivel…
Life-contingent pension risk transfer premiums$226 $432 $550 $743
Traditional life insurance and life-contingent immediate annuity premiums 8 9 17 19
Text removed vs the prior filing · source: 10-Q · 2026-05-07
Sales attributable to flow reinsurance to third parties(928)(721)
•Gross sales were higher for the three months ended March 31, 2026 compared to the three months ended March 31, 2025. Core sales of indexed annuities, IUL, and PRT increased for the three months ended
March 31, 2026, compared to the three months ended March 31, 2025, primarily driven by indexed annuities. Opportunistic sales of MYGA and funding agreements are subject to fluctuation period to period based on economics and market opportunity; we continue to prioritize pricing discipline and capital…
•Sales attributable to flow reinsurance to third parties, including the new reinsurance vehicle effective August 1, 2025, were higher during the three months ended March 31, 2026, compared to the three months ended March 31, 2025, primarily reflecting the addition of new reinsurance and changes in t…
Traditional life insurance and life-contingent immediate annuity premiums9 10
Other information
Text added vs the prior filing · source: 10-Q · 2026-08-06
On June 16, 2026, F&G announced that Chris Blunt would retire from his role as Chief Executive Officer of F&G to focus on his roles as a Director of F&G and Chief Executive Officer of subsidiary Peak Altitude Equity, LLC (Peak Altitude). Conor Murphy, President and Chief Financial Officer, assumed a…
Effective August 10, 2026, Wendy J.B. Young will transition from her role as Executive Vice President, Chief Liability Officer of F&G and will assume a senior advisory role reporting to Conor Murphy, Chief Executive Officer and President, at which time she will no longer serve as a designated Sectio…
In recognition of Ms. Young’s significant contributions to the Company and her continued service to the Company in an advisory role, effective upon her retirement on April 30, 2027, the Company will accelerate the vesting of 22,080 restricted shares of F&G’s common stock issued to Ms. Young that are…
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice