Form 4: Stephen Donnarumma Acquires 3,490 AGO Shares
Statement of Changes in Beneficial Ownership
Chief Credit Officer Stephen Donnarumma acquired 3,490 common shares of Assured Guaranty Ltd following the achievement of performance targets.
Summary
- Stephen Donnarumma, Chief Credit Officer of Assured Guaranty Ltd (AGO), acquired 3,490 common shares on May 1, 2026.
- The acquisition resulted from the achievement of relative total shareholder value targets.
- The shares are vested but scheduled for delivery in February 2027, contingent upon continued compliance with award agreement terms.
- Following this transaction, the reporting person's total beneficial ownership stands at 121,093.0408 shares.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a neutral, routine disclosure of executive compensation vesting that indicates alignment between management and shareholder interests.
Positives
- Alignment of executive compensation with relative total shareholder value performance.
- Increased equity stake for a key member of the executive leadership team.
Negatives
- None identified in this filing.
Risks
- Delivery of shares is subject to continued compliance with the terms of the award agreement until February 2027.
Future Outlook
The shares are scheduled for delivery in February 2027, provided the reporting person remains in compliance with the terms of the award agreement.
Industry Context
StockSavvy.ai notes that this filing reflects standard executive equity incentive vesting, common in the financial guarantee and insurance sector, signaling internal confidence in long-term performance metrics.
Comparison to Industry Standards
- The use of relative total shareholder value as a performance metric is consistent with industry-standard executive compensation practices among major financial services firms like Ambac or MGIC Investment Corp.
Stakeholder Impact
- Shareholders may view the vesting of performance-based equity as a positive indicator of management meeting long-term value targets.
Next Steps
- Delivery of the 3,490 common shares to the reporting person in February 2027.
Key Dates
| Date | Description |
|---|---|
| 05/01/2026 | Date of transaction for the acquisition of common shares. |
| 05/04/2026 | Date of filing of the Form 4. |
| 02/01/2027 | Expected delivery date of the vested common shares. |
Keywords
Assured Guaranty, AGO, Form 4, Insider Trading, Executive Compensation, Chief Credit Officer
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