Form 4: Assurant EVP, CFO Keith Meier Reports Changes in Beneficial Ownership

Keith Meier, EVP and CFO of Assurant, Inc., reports acquisition and disposal of common stock, including shares from vested performance share units and shares withheld for tax obligations.

Summary

• On March 16, 2024, Keith Meier, the EVP and CFO of Assurant, Inc., reported changes in his beneficial ownership of Assurant's common stock.
• These changes include the acquisition of 3,324 shares and 1,380 shares of common stock at $0.
• Meier also acquired 4,803 shares upon the vesting of performance share units (PSUs) based on performance during the 2021-2023 cycle.
• A total of 590, 301, and 209 shares were disposed of at $181.16.
• Additionally, 2,154 shares were withheld to cover tax obligations related to the PSU vesting at $181.16.
• Following these transactions, Meier directly owns 23,067.931 shares of common stock and indirectly owns 746.94 shares through a 401(k) plan.
• This total includes 66.221 shares acquired under the Employee Stock Purchase Plan on December 31, 2023.

Sentiment

Score: 5

Explanation: This is a routine filing related to stock transactions by an executive. It doesn't inherently indicate positive or negative sentiment, but rather reflects standard compensation and regulatory compliance.

Positives

• The vesting of performance share units indicates that performance goals were met during the 2021-2023 cycle.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• Shareholders are informed about changes in insider ownership, which can influence investor sentiment.

Key Dates