Form 4: Assured Guaranty LTD: Officer Bailenson Reports Share Transactions
SEC Form 4 Filing
Robert Bailenson, Chief Operating Officer of Assured Guaranty LTD, reports acquisition and disposal of common shares related to vesting of performance share units and tax liability coverage.
Summary
- On February 23, 2025, Robert Bailenson, the Chief Operating Officer of Assured Guaranty LTD, engaged in transactions involving the company's common shares.
- 5,936 shares were disposed of at a price of $89.81 to cover tax liabilities.
- 17,404 shares were acquired due to the vesting of performance share units based on core adjusted book value targets.
- An additional 8,885 shares were disposed of at $89.81 to cover tax liabilities.
- 18,596 shares were acquired based on the achievement of relative total shareholder value targets; these shares will be delivered on February 23, 2026, contingent on continued compliance with the award agreement.
- Following these transactions, Bailenson beneficially owns 348,031.0819 common shares.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The vesting of shares based on performance metrics suggests the company is meeting its targets, while the tax-related disposals are a normal part of equity compensation.
Positives
- Vesting of performance share units indicates achievement of core adjusted book value targets.
- Earning of shares based on relative total shareholder value targets suggests positive performance relative to peers.
Future Outlook
18,596 shares will be delivered on February 23, 2026, contingent on continued compliance with the terms of the award agreement.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and equity ownership, common in publicly traded companies. It provides transparency into the alignment of management's interests with those of shareholders.
Stakeholder Impact
- Shareholders may view the vesting of performance-based shares positively, as it indicates the achievement of company goals.
- The transactions have a minor impact on the overall shareholding structure.
Key Dates
| Date | Description |
|---|---|
| 02/23/2025 | Date of transactions: disposal of shares for tax liability, acquisition of shares due to vesting of performance share units and achievement of relative total shareholder value targets. |
| 02/23/2026 | Date of delivery for 18,596 common shares earned based on relative total shareholder value targets, subject to continued compliance. |
| 02/24/2025 | Date of signature by Attorney-in-fact. |
Keywords
shareholder value, performance share units, beneficial ownership, Robert Bailenson, Assured Guaranty LTD, Form 4, AGO
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.