Form 4: Assurant Executive Robert Lonergan Sells 2,700 Shares of AIZ Stock

Robert Lonergan, Chief Marketing & Risk Officer EVP at Assurant, Inc., sold 2,700 shares of common stock at an average price of $176.1219 on May 16, 2024.

Summary

• On May 16, 2024, Robert Lonergan, Chief Marketing & Risk Officer EVP at Assurant, Inc., sold 2,700 shares of Assurant's common stock.
• The sale was executed at a weighted average price of $176.1219 per share.
• The prices for individual transactions ranged from $175.92 to $176.34.
• Following the transaction, Lonergan directly owns 19,786.314 shares of Assurant, Inc., which includes restricted stock units.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of an insider stock sale. The sale itself doesn't necessarily indicate a positive or negative outlook for the company.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions. It provides transparency into the trading activities of company executives, which can be of interest to investors.

Stakeholder Impact

• The sale of shares by a high-ranking officer could be perceived negatively by some shareholders, although it is a relatively small transaction.

Key Dates