Assured Guaranty (NYSE: AGO) CCO has shares withheld to cover taxes

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.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Donnarumma Stephen

Role Chief Credit Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Shares	4,244	$85.11	$361K

Holdings After Transaction: Common Shares — 117,603.041 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Donnarumma Stephen

(Last) (First) (Middle)

30 WOODBOURNE AVENUE

5TH FLOOR

(Street)

HAMILTON D0 HM 08

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ASSURED GUARANTY LTD [ AGO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Credit Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares	02/23/2026		F		4,244(1)	D	$85.11	117,603.0408	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Common Shares being withheld to pay tax liability.

Remarks:

	/s/ Ling Chow, Attorney-in-fact	02/25/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

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.

How many Assured Guaranty (AGO) shares were disposed of in this Form 4 filing?

The filing shows 4,244 Common Shares were disposed of. The transaction is coded as type F, indicating shares were withheld by the issuer to cover a tax liability tied to equity compensation.

At what price were the withheld Assured Guaranty (AGO) shares valued?

The 4,244 Common Shares were valued at $85.11 per share in the transaction. This price is used to calculate the value of shares withheld to satisfy the reporting person’s tax obligation.

How many Assured Guaranty (AGO) shares does Stephen Donnarumma own after this transaction?

Following the tax-withholding disposition, Stephen Donnarumma directly owned 117,603.0408 Common Shares. This post-transaction balance reflects his continuing equity stake after the company withheld shares for tax purposes.

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.