Form 4: Assured Guaranty Director Alan J. Kreczko Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Alan J. Kreczko reports changes in beneficial ownership of Assured Guaranty Ltd. shares due to tax liability withholding and a restricted stock award.
Summary
- On May 1, 2025, Alan J. Kreczko, a director of Assured Guaranty Ltd., had 853 common shares withheld to cover tax liabilities at a price of $87.51 per share.
- On May 2, 2025, Kreczko acquired 3,824 common shares as a restricted stock award with a value of $0.
- Following these transactions, Kreczko's direct ownership increased to 66,737 common shares.
Sentiment
Score: 7
Explanation: The document reflects standard insider transactions related to compensation and tax obligations, suggesting a neutral to slightly positive sentiment as it indicates continued director alignment with the company.
Positives
- Kreczko received 3,824 common shares as a restricted stock award, indicating continued alignment with the company's long-term performance.
Future Outlook
The restricted stock award will become non-forfeitable on the day immediately prior to the 2026 annual shareholders meeting.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates changes in the director's holdings due to standard compensation practices (restricted stock awards) and tax obligations.
Comparison to Industry Standards
- Restricted stock awards are a common form of executive compensation in publicly traded companies, aligning management's interests with those of shareholders.
- Companies like Berkshire Hathaway, Fairfax Financial, and Markel are also in the insurance and investment business, but this document does not provide enough information to make a direct comparison of compensation practices.
Stakeholder Impact
- The transactions have a minor impact on shareholders, reflecting standard compensation practices for directors.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | 853 common shares withheld to pay tax liability at $87.51 per share. |
| 05/02/2025 | 3,824 common shares acquired as a restricted stock award. |
| 05/05/2025 | Date of signature by Attorney-in-fact. |
Keywords
beneficial ownership, Form 4, director, common shares, restricted stock, Assured Guaranty Ltd, AGO, tax liability, equity award
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