Stock grants and tax withholding for Assured Guaranty (NYSE: AGO) counsel

Rhea-AI Filing Summary

Assured Guaranty Ltd’s General Counsel and Secretary, Ling Chow, reported a mix of share awards and tax-related share withholdings in Common Shares. On February 20, 2026, Chow acquired 8,722 shares at $0.00 per share as restricted share units under the 2024 Long-Term Incentive Plan, which generally vest on February 20, 2029 if employment continues.

On February 22, 2026, Chow acquired a further 12,616 shares at $0.00 per share from the vesting of performance share units tied to core adjusted book value targets. Also on that date, 4,694 shares and 6,977 shares were disposed of at $88.39 per share to satisfy tax liabilities. After the final transaction, Chow directly held 197,435 Common Shares.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Chow Ling

Role General Counsel and Secretary

Type	Security	Shares	Price	Value
Tax Withholding	Common Shares	4,694	$88.39	$415K
Grant/Award	Common Shares	12,616	$0.00	--
Tax Withholding	Common Shares	6,977	$88.39	$617K
Grant/Award	Common Shares	8,722	$0.00	--

Holdings After Transaction: Common Shares — 191,796 shares (Direct)

Footnotes (1)

1. Restricted share units awarded pursuant to the Assured Guaranty Ltd. 2024 Long-Term Incentive Plan. With limited exceptions, the restricted share units vest on 2/20/2029, assuming that the holder remains employed at such time. Upon vesting, one Common Share will be delivered for each vested restricted share unit. Common Shares being withheld to pay tax liability. Represents the vesting of performance share units based on the achievement of core adjusted book value targets.

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^*

Chow Ling

(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)
	General Counsel and Secretary

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026

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	02/20/2026		A		8,722	A	$0(1)	196,490	D
Common Shares	02/22/2026		F		4,694(2)	D	$88.39	191,796	D
Common Shares	02/22/2026		A		12,616(3)	A	$0	204,412	D
Common Shares	02/22/2026		F		6,977(2)	D	$88.39	197,435	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. Restricted share units awarded pursuant to the Assured Guaranty Ltd. 2024 Long-Term Incentive Plan. With limited exceptions, the restricted share units vest on 2/20/2029, assuming that the holder remains employed at such time. Upon vesting, one Common Share will be delivered for each vested restricted share unit.

2. Common Shares being withheld to pay tax liability.

3. Represents the vesting of performance share units based on the achievement of core adjusted book value targets.

Remarks:

	/s/ Ling Chow	02/24/2026
	** 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 transactions did Assured Guaranty (AGO) report for Ling Chow?

Ling Chow reported equity awards and tax-related share withholdings. She received 8,722 restricted share units and 12,616 shares from performance share unit vesting, while 4,694 and 6,977 shares were withheld at $88.39 per share to cover tax obligations.

How many Assured Guaranty (AGO) shares does Ling Chow own after these Form 4 transactions?

After the reported transactions, Ling Chow directly owns 197,435 Assured Guaranty Common Shares. This reflects the net result of restricted and performance share unit awards, offset by shares withheld to satisfy tax liabilities associated with the vesting events.

What restricted share units were granted to Ling Chow by Assured Guaranty (AGO)?

Ling Chow received 8,722 restricted share units under the Assured Guaranty Ltd. 2024 Long-Term Incentive Plan. These units generally vest on February 20, 2029, provided she remains employed, and one Common Share will be delivered for each vested restricted share unit at that time.

How are Ling Chow’s performance share units at Assured Guaranty (AGO) structured?

The filing notes that 12,616 Common Shares reflect vesting of performance share units. These units vest based on achievement of core adjusted book value targets, aligning the award’s realization with specified performance metrics before shares are delivered to Ling Chow.

Were Ling Chow’s Assured Guaranty (AGO) share dispositions open-market sales?

No, the dispositions were for tax withholding. The filing shows 4,694 and 6,977 Common Shares disposed of at $88.39 per share, explicitly described as shares being withheld to pay tax liabilities rather than open-market share sales.

What equity incentive plan governs Ling Chow’s new Assured Guaranty (AGO) awards?

The 8,722 restricted share units were granted under the Assured Guaranty Ltd. 2024 Long-Term Incentive Plan. This plan provides for restricted share units that, upon vesting after continued employment, convert into Common Shares delivered to the participant.