Form 4: Assured Guaranty Executive Stephen Donnarumma Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Stephen Donnarumma, Chief Credit Officer of Assured Guaranty Ltd, disposed of 7,289 common shares on February 24, 2025, to cover tax liabilities.
Summary
- On February 24, 2025, Stephen Donnarumma, the Chief Credit Officer of Assured Guaranty Ltd, reported a transaction involving the disposal of 7,289 common shares.
- The shares were disposed of at a price of $90.8 per share.
- This transaction was executed to cover tax liabilities associated with share ownership.
- Following the transaction, Donnarumma directly owns 114,762.0408 common shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a share disposal for tax purposes, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions and are closely watched by investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Date of the transaction (disposal of shares). |
| 02/26/2025 | Date of signature by Attorney-in-fact. |
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