Form 4: Assured Guaranty Executive Holly Horn Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Holly Horn, Chief Surveillance Officer at Assured Guaranty Ltd, disposed of 352 common shares to cover tax liabilities.
Summary
- On February 26, 2024, Holly Horn, Chief Surveillance Officer of Assured Guaranty Ltd, reported a transaction involving the disposal of 352 common shares.
- The shares were disposed of to cover tax liabilities at a price of $85.69 per share.
- Following the transaction, Horn directly owns 36,038 common shares of Assured Guaranty Ltd.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. This transaction is a routine disposal of shares to cover tax obligations.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small number of shares being disposed of by an officer to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Date of transaction: disposal of common shares. |
| 02/28/2024 | Date of signature on the Form 4 filing. |
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