Form 4: Assured Guaranty COO Robert Bailenson Sells Shares
SEC Form 4
Robert Bailenson, Chief Operating Officer of Assured Guaranty Ltd, sold a portion of his holdings in common shares on May 9, 2024.
Summary
- On May 9, 2024, Robert Bailenson, the Chief Operating Officer of Assured Guaranty Ltd, sold 29,431 common shares at a weighted average price of $79.92.
- Additionally, Mr. Bailenson sold 569 common shares at a weighted average price of $81.
- Following these transactions, Mr. Bailenson directly owns 304,835.0819 common shares of Assured Guaranty Ltd.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock sales by an insider. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This filing is a routine disclosure of insider trading activity. It provides transparency to investors regarding the transactions of company executives.
Stakeholder Impact
- The sale of shares by a high-ranking officer could be perceived negatively by some shareholders, potentially leading to speculation about the officer's confidence in the company's future performance.
Key Dates
| Date | Description |
|---|---|
| 05/09/2024 | Date of the transactions: sale of 29,431 common shares and 569 common shares. |
| 05/10/2024 | Date of signature by Attorney-in-fact. |
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