Form 4: Assured Guaranty Ltd. President/CEO/Deputy Chairman Dominic Frederico Sells Shares
SEC Form 4 Filing
Dominic Frederico, President/CEO/Deputy Chairman of Assured Guaranty Ltd., sold shares of the company's common stock on September 4th and 6th, 2024, and gifted shares on September 6th, 2024.
Summary
- Dominic Frederico, President/CEO/Deputy Chairman of Assured Guaranty Ltd., reported changes in beneficial ownership of the company's stock.
- On September 4, 2024, Frederico sold 27,539 common shares at a weighted average price of $79.94 per share and 3,461 common shares at a weighted average price of $80.56 per share.
- On September 6, 2024, Frederico gifted 18,150 common shares.
- Following these transactions, Frederico directly owns 1,361,969.0034 common shares.
- Frederico also indirectly owns 9,400 shares through his wife, 200 shares through his daughter, and 345,000 shares through a Family Limited Partnership.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions by an insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider. It is typical for executives to periodically buy or sell shares of their company's stock.
Stakeholder Impact
- The sale of shares by a high-ranking executive could be perceived negatively by some shareholders, although it is a common occurrence.
- The gifting of shares has no direct impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 06/30/2024 | 295 shares purchased pursuant to the Assured Guaranty Ltd. Employee Stock Purchase Plan |
| 09/04/2024 | Sale of 27,539 and 3,461 common shares |
| 09/06/2024 | Gift of 18,150 common shares |
| 09/06/2024 | Date of signature by Attorney-in-fact |
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