Assured Guaranty (AGO) COO reports 9,494-share tax-withholding disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Assured Guaranty Ltd’s Chief Operating Officer, Robert Bailenson, reported a tax-related share withholding. On the transaction date, 9,494 common shares were disposed of at $85.11 per share to satisfy a tax liability rather than through an open-market sale. Following this tax-withholding disposition, Bailenson directly owned 298,445.0819 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bailenson Robert
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares | 9,494 | $85.11 | $808K |
Holdings After Transaction:
Common Shares — 298,445.082 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Assured Guaranty (AGO) report for Robert Bailenson?
Assured Guaranty reported that COO Robert Bailenson had 9,494 common shares withheld at $85.11 per share. The transaction was a tax-withholding disposition, meaning shares were used to cover tax obligations rather than sold in the open market.
What does transaction code F mean in the AGO Form 4 for Robert Bailenson?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this AGO filing, it shows that 9,494 common shares were withheld to satisfy a tax liability, rather than representing a discretionary market sale.