Form 4: Karen L. Alvingham Reports Changes in Beneficial Ownership of Affiliated Managers Group, Inc. Stock
SEC Form 4 Filing
Karen L. Alvingham, a director of Affiliated Managers Group, Inc., reports the vesting of stock units and surrender of shares to cover tax obligations.
Summary
- On March 5, 2024, Karen L. Alvingham, a director of Affiliated Managers Group, Inc. (AMG), had stock units vest, resulting in the acquisition of 537 shares of common stock.
- These shares were acquired at a price of $0 due to the vesting of previously reported awards.
- Alvingham also surrendered 41 shares of common stock to satisfy tax withholding obligations related to the settlement of these awards at a price of $158.58.
- Following these transactions, Alvingham directly owns 4,262 shares of common stock and 5,250 stock units, inclusive of previously reported deferred stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and is typical for publicly traded companies. It provides transparency into the trading activities of company directors.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine compensation adjustments for a company director.
Key Dates
| Date | Description |
|---|---|
| 03/05/2024 | Date of stock unit vesting and share surrender for tax obligations. |
| 03/07/2024 | Date of signature on the Form 4 filing. |
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