Form 4: Assured Guaranty Exec Stephen Donnarumma Reports Share Transactions

Stephen Donnarumma, Chief Credit Officer of Assured Guaranty Ltd, reports acquisition and disposal of common shares related to vesting of performance share units and tax liability coverage.

Summary

• On February 23, 2025, Stephen Donnarumma, Chief Credit Officer of Assured Guaranty Ltd, reported transactions involving the company's common shares.
• 2,689 shares were disposed of to cover tax liabilities at a price of $89.81 per share.
• 7,182 shares were acquired upon the vesting of performance share units based on core adjusted book value targets.
• An additional 3,972 shares were disposed of to cover tax liabilities at a price of $89.81 per share.
• 7,674 shares were acquired based on the achievement of relative total shareholder value targets; these shares will be delivered on February 23, 2026, contingent on continued compliance with the award agreement.
• Following these transactions, Donnarumma directly owns 122,051.0408 common shares.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The transactions reflect standard executive compensation practices and achievement of performance targets, with no indication of negative financial implications.

Positives

• The vesting of performance share units and achievement of total shareholder value targets indicate positive performance metrics for Assured Guaranty Ltd.

Risks

• The future delivery of 7,674 shares is contingent on continued compliance with the terms of the award agreement, introducing a potential risk if compliance is not maintained.

Future Outlook

7,674 shares are scheduled for delivery on February 23, 2026, contingent on continued compliance with the award agreement.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and share ownership, common in the financial services industry.

Stakeholder Impact

• Shareholders may view the vesting of performance share units positively, as it aligns executive compensation with company performance.

Next Steps

• Delivery of 7,674 shares on February 23, 2026, contingent on continued compliance with the award agreement.

Key Dates

Keywords

shareholder value, performance share units, Stephen Donnarumma, Assured Guaranty Ltd, share transactions, Form 4