Form 4: Assurant Inc. President and CEO Keith Demmings Reports Stock Disposal

Keith Demmings, President and CEO of Assurant Inc., disposed of 1,611 shares of common stock on November 16, 2024, at a price of $218.82 per share.

Summary

• Keith Demmings, the President and CEO of Assurant Inc., reported a transaction involving the disposal of company stock.
• On November 16, 2024, Mr. Demmings disposed of 1,611 shares of Assurant Inc. common stock.
• The disposal was executed at a price of $218.82 per share.
• Following the transaction, Mr. Demmings beneficially owns 80,480.095 shares of Assurant Inc. common stock.
• The transaction was reported on a Form 4 filing with the Securities and Exchange Commission.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing regarding an executive's stock transaction. It is neither positive nor negative in itself, but rather a factual report.

Industry Context

This is a routine filing related to executive stock transactions and is common in publicly traded companies. It provides transparency into the trading activities of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• Executive stock transactions are common and are often part of compensation packages or personal financial planning.
• The reported transaction is within the normal range of executive stock activity.

Stakeholder Impact

• The transaction may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the stock price.

Key Dates

Keywords

Assurant, AIZ, Keith Demmings, Stock Disposal, Form 4, SEC Filing, Executive Transaction, Insider Trading