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 4,251 common shares on February 26, 2024, to cover tax liabilities.
Summary
- Stephen Donnarumma, Chief Credit Officer of Assured Guaranty Ltd, reported a transaction on February 26, 2024.
- The transaction involved the disposal of 4,251 common shares to cover tax liability.
- The shares were disposed of at a price of $85.69 per share.
- Following the transaction, Donnarumma beneficially owns 109,186.0408 common shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a common transaction (share disposal for tax purposes) by a company executive, indicating a neutral sentiment.
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.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Date of transaction: disposal of common shares. |
| 02/28/2024 | Date of signature by Attorney-in-fact. |
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