Form 4: Assured Guaranty Executive Dominic Frederico Reports Share Transactions

Dominic Frederico, President/CEO/Deputy Chairman of Assured Guaranty Ltd, reports acquisition and disposal of common shares related to performance share units and tax liability coverage.

Summary

• On February 23, 2025, Dominic Frederico, a director and officer of Assured Guaranty Ltd, reported several transactions involving the company's common shares.
• He disposed of 21,841 shares at $89.81 to cover tax liabilities.
• Frederico also disposed of 32,701 shares at $89.81 to cover tax liabilities.
• He acquired 80,110 shares upon vesting of performance share units based on core adjusted book value targets.
• Additionally, he acquired 85,598 shares based on the achievement of relative total shareholder value targets, which will be delivered on February 23, 2026, subject to continued compliance.
• Following these transactions, Frederico directly owns 1,477,622.0034 common shares.
• He also indirectly owns shares through his wife (9,400), daughter (200), and a Family Limited Partnership (345,000).

Sentiment

Score: 6

Explanation: The sentiment is neutral. The filing primarily reflects routine transactions related to executive compensation and tax obligations. The vesting of performance shares is a positive sign, but the sale of shares to cover taxes is a neutral event.

Positives

• The vesting of performance share units and shares related to shareholder value targets indicates the achievement of certain company goals.
• Frederico's continued significant shareholding demonstrates his ongoing investment in and alignment with the company's success.

Future Outlook

85,598 shares will be delivered on February 23, 2026, subject to continued compliance with the terms of the award agreement.

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, allowing investors to gauge management's sentiment and confidence in the company's prospects.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
• The vesting of performance shares could positively impact employee morale.

Key Dates

Keywords

Assured Guaranty, Dominic Frederico, share transactions, Form 4, performance share units, beneficial ownership, tax liability, common shares