Assured Guaranty insider reports tax share withholding
Assured Guaranty Ltd’s Chief Credit Officer Stephen Donnarumma reported a tax-related share withholding.
Rhea-AI Filing Summary
Assured Guaranty Ltd’s Chief Credit Officer Stephen Donnarumma reported a tax-related share withholding. On the transaction date, 4,244 Common Shares were disposed of at $85.11 per share to satisfy a tax liability, as noted in the footnote. After this tax-withholding disposition, he directly owned 117,603.0408 Common Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 4,244 shares
Exercise Price or Tax Liability
1 txn
Insider
Donnarumma Stephen
Role
Chief Credit Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Shares | 4,244 | $85.11 | $361K |
Holdings After Transaction:
Common Shares — 117,603.0408 shares (Direct)
Footnotes (1)
- F1. Common Shares being withheld to pay tax liability.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Assured Guaranty (AGO) report for Stephen Donnarumma?
Assured Guaranty’s Chief Credit Officer Stephen Donnarumma reported a tax-withholding disposition of 4,244 Common Shares. The shares were withheld to pay a tax liability, rather than sold in an open-market transaction.
Was the Assured Guaranty (AGO) Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. It is coded F and described as Common Shares being withheld to pay a tax liability, meaning the issuer retained shares to cover taxes owed on equity compensation.
What does transaction code F mean in the Assured Guaranty (AGO) Form 4?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, 4,244 Common Shares were withheld to satisfy Stephen Donnarumma’s tax obligation related to his equity awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.