Form 4: Assurant SVP, CAO, Controller DiRienzo Sells Shares
SEC Form 4 Filing
Dimitry DiRienzo, SVP, CAO, and Controller of Assurant, Inc., sold 2,084 shares of common stock at an average price of $175.2899 on May 17, 2024.
Summary
- On May 17, 2024, Dimitry DiRienzo, a Senior Vice President, CAO, and Controller at Assurant, Inc., sold 2,084 shares of the company's common stock.
- The shares were sold at a weighted average price of $175.2899.
- The price range for the sales was between $175.14 and $175.47.
- Following the transaction, DiRienzo directly owns 3,702 shares, which includes restricted stock units.
Sentiment
Score: 5
Explanation: Neutral. This is a standard Form 4 filing indicating a sale of shares by an officer. It doesn't inherently suggest positive or negative sentiment about the company's prospects.
Industry Context
This is a routine disclosure of insider trading activity. It is common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by an executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and reasons for the sale.
Key Dates
| Date | Description |
|---|---|
| 05/17/2024 | Date of the stock sale transaction. |
| 05/21/2024 | Date of signature by Lisa Richter, Attorney-in-Fact. |
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