ASSURED GUARANTY (NYSE: AGO) director Francisco Borges gifts 427 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ASSURED GUARANTY LTD director Francisco L. Borges reported a gift of 427 Common Shares. The transaction was recorded as a bona fide gift with no price per share listed. After the transfer, he directly holds 179,932 Common Shares, indicating this was a small change to his overall position.
Positive
- None.
Negative
- None.
Insider Trade Summary
427 shares gifted
Mixed
1 txn
Insider
BORGES FRANCISCO L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Shares | 427 | $0.00 | -- |
Holdings After Transaction:
Common Shares — 179,932 shares (Direct, null)
Footnotes (1)
Key Figures
Gifted shares: 427 shares
Shares held after transaction: 179,932 shares
Transaction price per share: $0.0000
3 metrics
Gifted shares
427 shares
Bona fide gift of Common Shares
Shares held after transaction
179,932 shares
Direct Common Shares following gift
Transaction price per share
$0.0000
Recorded for gifted Common Shares
Key Terms
Bona fide gift, Common Shares, Form 4
3 terms
Bona fide gift financial
"transaction_code_description": "Bona fide gift"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did ASSURED GUARANTY LTD (AGO) report for Francisco L. Borges?
ASSURED GUARANTY LTD director Francisco L. Borges reported a bona fide gift of 427 Common Shares. The Form 4 shows this was a non-cash transfer classified as a gift, not an open-market trade or sale of shares.
Was the AGO insider transaction by Francisco L. Borges a sale or a gift?
The transaction was a gift, not a sale. The Form 4 records a transaction code G, described as a bona fide gift, with a price per share of 0.0000, confirming no open‑market sale or purchase occurred in this disclosure.
Does the Francisco L. Borges Form 4 for ASSURED GUARANTY LTD (AGO) involve derivatives?
No, the reported transaction involves only non-derivative Common Shares. The derivativeSummary section is empty, indicating there were no option exercises, warrant conversions, or other derivative transactions reported in this specific Form 4 filing.