AGO.NYSEAssured Guaranty LTD

4/A: Assured Guaranty Executive Corrects Tax Withholding Error in Amended SEC Filing

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SEC Filing Amendment

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Dominic Frederico, President/CEO/Deputy Chairman of Assured Guaranty Ltd, files an amendment to a previous SEC Form 4 to correct the number of common shares withheld for tax liability.

Summary

  • Dominic Frederico, a director and officer of Assured Guaranty Ltd, filed an amended Form 4 with the SEC.
  • The amendment corrects an error in the original filing from February 26, 2024, regarding the number of common shares withheld to cover tax liability.
  • The corrected filing indicates that 46,086 shares were withheld on February 24, 2024, at a price of $84.93, instead of the previously reported 66,777 shares.
  • Following the transaction, Frederico beneficially owns 1,397,335.0034 common shares.

Sentiment

Score: 7

Explanation: The document is a routine correction of an administrative error in an SEC filing. It doesn't indicate any fundamental issues with the company, but the initial error could have caused confusion.

Industry Context

This is a routine SEC filing related to executive compensation and tax obligations. It is common for executives to have shares withheld to cover tax liabilities arising from stock-based compensation.

Stakeholder Impact

  • The correction ensures accurate reporting to shareholders and the SEC.

Key Dates

DateDescription
02/24/2024Date of the transaction where common shares were withheld for tax liability.
02/26/2024Date of the original Form 4 filing containing the error.
02/28/2024Date of the amended Form 4/A filing correcting the error.

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