Form 4: Affiliated Managers Group Director Karen L. Alvingham Reports Stock Unit Vesting and Tax Withholding

Director Karen L. Alvingham reports the vesting of stock units and subsequent tax withholding, resulting in a net change in beneficial ownership of Affiliated Managers Group, Inc. shares.

Summary

• On August 15, 2024, Karen L. Alvingham, a director of Affiliated Managers Group, Inc., reported the vesting of 928 stock units.
• These stock units converted into common stock.
• Simultaneously, 72 shares were surrendered to cover tax withholding obligations at a price of $171.98 per share.
• Following these transactions, Alvingham's direct ownership of common stock decreased slightly from 9,841 to 9,769 shares.
• Alvingham also holds 5,238 derivative securities in the form of stock units.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock-based awards, common in publicly traded companies. It provides transparency into the equity holdings of company insiders.

Stakeholder Impact

• The vesting of stock units and subsequent tax withholding impacts the director's ownership stake in the company.
• Shareholders may be interested in these transactions as they provide insight into executive compensation.

Key Dates