Form 4: Assurant EVP and CLO Jay Rosenblum Sells Shares
SEC Form 4 Filing
Jay Rosenblum, EVP and CLO of Assurant, Inc., sold 1,750 shares of common stock on August 12, 2024.
Summary
- On August 12, 2024, Jay Rosenblum, the EVP and CLO of Assurant, Inc., sold 1,750 shares of Assurant's common stock.
- The sale was executed at a weighted average price of $178.2454 per share.
- The total number of shares beneficially owned by Rosenblum following the transaction is 9,260, which includes restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a sale of shares by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.
Industry Context
Form 4 filings are a routine part of the stock market, providing transparency into the transactions of company insiders. This sale represents a small percentage of Rosenblum's holdings.
Stakeholder Impact
- The sale of shares by an executive could be perceived differently by stakeholders; some may see it as a lack of confidence in the company, while others may view it as a personal financial decision.
Key Dates
| Date | Description |
|---|---|
| 08/12/2024 | Date of transaction: Jay Rosenblum sold 1,750 shares of Assurant common stock. |
| 08/13/2024 | Date of Form 4 filing. |
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