Form 4: Assurant SVP, CAO, Controller Dimitry DiRienzo Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Dimitry DiRienzo, SVP, CAO, and Controller of Assurant, Inc., reports transactions involving Assurant's common stock, including acquisitions and disposals to cover tax obligations.
Summary
- On March 16, 2025, Dimitry DiRienzo, SVP, CAO, and Controller of Assurant, Inc., engaged in transactions involving Assurant's common stock.
- DiRienzo acquired 518 shares of common stock represented by restricted stock units at $0.
- He also acquired 1,042 shares upon the vesting of performance share units (PSUs) based on performance during the 2022-2024 cycle at $0.
- Simultaneously, DiRienzo disposed of shares to satisfy withholding obligations: 73 shares at $211.2, 57 shares at $211.2, 56 shares at $211.2 and 297 shares at $211.2.
- Following these transactions, DiRienzo beneficially owns 5,735 shares of Assurant common stock, including restricted stock units.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing reflects routine transactions related to stock-based compensation and tax obligations.
Positives
- The vesting of performance share units indicates that performance goals were met during the 2022-2024 cycle.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they primarily reflect internal compensation adjustments.
Key Dates
| Date | Description |
|---|---|
| 03/16/2025 | Date of transactions involving Assurant's common stock. |
| 03/18/2025 | Date of signature by Attorney-in-Fact. |
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