Form 4: Assurant Executive Biju Nair Reports Stock Transactions
SEC Form 4 Filing
EVP Biju Nair reports acquisition and disposal of Assurant, Inc. stock related to vesting of performance share units and tax obligations.
Summary
- On March 16, 2024, Biju Nair, EVP Pres. Global Connected Living at Assurant, Inc., reported transactions involving Assurant's common stock.
- Nair acquired 2,001 shares of common stock at $0 and another 1,144 shares at $0 related to vesting of performance share units (PSUs).
- Nair disposed of 258 shares at $181.16, 149 shares at $181.16, 148 shares at $181.16 and 336 shares at $181.16 to cover withholding obligations upon the PSU vesting.
- Following these transactions, Nair directly owns 27,172.22 shares of Assurant common stock, including restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be informative for investors.
Key Dates
| Date | Description |
|---|---|
| 03/16/2024 | Date of stock transactions (acquisition and disposal). |
| 03/19/2024 | Date of signature on the Form 4 filing. |
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