Form 4: Assurant Executive Jay Rosenblum Reports Stock Transactions
SEC Form 4 Filing
EVP and CLO of Assurant, Jay Rosenblum, reports acquisition and disposal of company stock, including vesting of performance share units and shares withheld for tax obligations.
Summary
- On March 16, 2025, Jay Rosenblum, EVP and CLO of Assurant, reported transactions involving Assurant, Inc. (AIZ) common stock.
- Rosenblum acquired 1,367 shares of common stock through restricted stock units.
- He also acquired 5,105 shares upon the vesting of performance share units (PSUs) related to the 2022-2024 performance cycle.
- A total of 2,189 shares were withheld to cover withholding obligations related to the PSU vesting.
- Additional shares were disposed of to cover tax obligations at a price of $211.2.
- Following these transactions, Rosenblum directly owns 12,775 shares of Assurant common stock, which includes restricted stock units.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions. It doesn't convey any particularly positive or negative sentiment.
Positives
- The vesting of performance share units indicates that performance goals were met during the 2022-2024 cycle.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 03/16/2025 | Date of earliest transaction, including acquisition and disposal of shares. |
| 03/18/2025 | Date of signature by Attorney-in-Fact. |
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