Form 4: Assurant Executive Michael P. Campbell Reports Stock Transactions
SEC Form 4 Filing
EVP Michael P. Campbell reports acquisition and disposal of Assurant, Inc. (AIZ) common stock related to vesting of restricted stock units and performance share units.
Summary
- On March 16, 2025, Michael P. Campbell, EVP, Pres. Global Housing at Assurant, Inc., reported transactions involving Assurant's common stock.
- Campbell acquired 1,816 shares of common stock through restricted stock units.
- He also acquired 6,130 shares upon the vesting of performance share units (PSUs) based on performance during the 2022-2024 cycle.
- A total of 252, 396 and 301 shares were disposed of for $211.2 each.
- 2,997 shares were withheld to cover withholding obligations related to the PSU vesting at a price of $211.2.
- Following these transactions, Campbell directly owns 18,890.37 shares of Assurant common stock, including restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Positives
- The vesting of performance share units indicates that the company met certain performance targets during the 2022-2024 cycle.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. These filings are monitored by investors to gauge sentiment and potential future actions of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly diluting the stock.
Key Dates
| Date | Description |
|---|---|
| 03/16/2025 | Date of stock transactions (acquisition and disposal). |
| 03/18/2025 | Date of signature by Attorney-in-Fact. |
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