Assured Guaranty (NYSE: AGO) director reports bona fide gift of 74 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ASSURED GUARANTY LTD director Francisco L. Borges reported a bona fide gift of company stock. On the reported date, he transferred 74 Common Shares at a stated price of $0.0000 per share, reflecting a non-market, no‑consideration transaction.
Following this gift, Borges continues to hold 179,858 Common Shares directly. The filing reflects a routine personal estate or charitable planning move rather than an open‑market trade, and does not change the company’s overall share count.
Positive
- None.
Negative
- None.
Insider Trade Summary
74 shares gifted
Mixed
1 txn
Insider
BORGES FRANCISCO L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Shares | 74 | $0.00 | -- |
Holdings After Transaction:
Common Shares — 179,858 shares (Direct, null)
Footnotes (1)
Key Figures
Shares gifted: 74 Common Shares
Holding after transaction: 179,858 Common Shares
Reported price per share: $0.0000 per share
+2 more
5 metrics
Shares gifted
74 Common Shares
Bona fide gift on reported transaction date
Holding after transaction
179,858 Common Shares
Shares held directly by Francisco L. Borges following gift
Reported price per share
$0.0000 per share
Stated transfer price for gifted shares
Gift transactions count
1 gift transaction
TransactionSummary giftCount for this Form 4
Gifted share total
74 shares
TransactionSummary giftShares in this filing
Key Terms
bona fide gift, Common Shares, Form 4
3 terms
bona fide gift financial
"transaction_code_description shows the transfer classified as a 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
"The insider activity is disclosed on a Form 4 insider transaction report."
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 AGO director Francisco L. Borges report on this Form 4?
Francisco L. Borges reported a bona fide gift of Assured Guaranty Common Shares. The filing shows he transferred 74 shares at a stated price of $0.0000 per share, reflecting a non‑market, no‑consideration disposition rather than a normal stock sale.
Does this AGO Form 4 indicate any derivative or option exercises by the director?
This AGO Form 4 does not report any derivative or option exercises. The transaction involves only non‑derivative Common Shares, classified as a gift, and the derivativeSummary field is empty, indicating no options, warrants, or other derivatives were exercised in this filing.