Form 4: Assured Guaranty Director Simon W Leathes Disposes of Shares to Cover Tax Obligations
SEC Form 4
Director Simon W Leathes disposed of 1,360 common shares of Assured Guaranty Ltd to cover tax liabilities arising from equity compensation.
Summary
- On May 1, 2024, Simon W Leathes, a director of Assured Guaranty Ltd, disposed of 1,360 common shares.
- The transaction was executed to cover tax liabilities.
- The shares were disposed of at a price of $77.05 per share.
- Following the transaction, Leathes directly owns 26,094 common shares.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reflects a routine transaction related to tax obligations.
Industry Context
This is a routine transaction related to equity compensation and tax obligations, common among corporate executives and directors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of transaction: Simon W Leathes disposed of 1,360 common shares. |
| 05/03/2024 | Date of signature by Attorney-in-fact. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.