Form 4: Assurant SVP, CAO, Controller Dimitry DiRienzo Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Dimitry DiRienzo, SVP, CAO, and Controller of Assurant, Inc., reports changes in beneficial ownership of company stock due to vesting of performance share units and withholding of shares for tax obligations on March 16, 2024.

Summary

  • On March 16, 2024, Dimitry DiRienzo, SVP, CAO, and Controller of Assurant, Inc., reported changes in beneficial ownership of Assurant's common stock.
  • These changes are due to the vesting of performance share units (PSUs) and the withholding of shares to cover tax obligations.
  • DiRienzo acquired 584 shares upon the vesting of PSUs based on performance during the 2021-2023 cycle.
  • Additionally, 1,073 shares were acquired.
  • A total of 445 shares were disposed of to satisfy withholding obligations at a price of $181.16 per share.
  • Following these transactions, DiRienzo beneficially owns 5,786 shares of Assurant common stock, which includes restricted stock units.

Sentiment

Score: 5

Explanation: This is a routine filing related to executive compensation and tax obligations, and doesn't indicate any significant positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions.

Key Dates

DateDescription
03/16/2024Date of transaction: vesting of performance share units and withholding of shares.
03/19/2024Date of signature on the Form 4 filing.

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