Assurant (NYSE: AIZ) director granted 668 restricted stock unit shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Redzic Ognjen reported acquisition or exercise transactions in this Form 4 filing.
ASSURANT, INC. director Ognjen Redzic received an equity award of 668 shares of Common Stock in the form of restricted stock units. The grant carried a price of $0.00 per share, reflecting compensation rather than an open-market purchase. Following this award, Redzic directly holds 8,136 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Redzic Ognjen
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 668 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 8,136 shares (Direct, null)
Footnotes (1)
- These shares are represented by restricted stock units. Includes restricted stock units.
Key Figures
Shares granted: 668 shares
Grant price per share: $0.00 per share
Total shares after transaction: 8,136 shares
+1 more
4 metrics
Shares granted
668 shares
Restricted stock unit award on Common Stock
Grant price per share
$0.00 per share
Stock-based compensation award, not cash purchase
Total shares after transaction
8,136 shares
Direct Common Stock holdings following the grant
Transaction code
A
Grant, award, or other acquisition of Common Stock
Key Terms
restricted stock units, Common Stock, Grant, award, or other acquisition
3 terms
restricted stock units financial
"These shares are represented by restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Common Stock financial
"security_title: "Common Stock" for the reported transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What insider transaction did ASSURANT (AIZ) director Ognjen Redzic report?
Director Ognjen Redzic reported receiving an equity award of 668 shares of Assurant Common Stock. The filing shows this as a grant of restricted stock units, not an open-market trade, reflecting stock-based compensation rather than a cash purchase of shares.
What does the Form 4 say about restricted stock units for ASSURANT (AIZ) director Redzic?
The Form 4 footnotes state that the reported shares are represented by restricted stock units and that the total includes restricted stock units. This means part or all of Redzic’s reported Common Stock holdings consist of time- or condition-based stock compensation awards.
Is the ASSURANT (AIZ) Form 4 for Ognjen Redzic a buy or a grant?
The Form 4 for Ognjen Redzic records a grant, not a market buy. The transaction is coded as a grant, award, or other acquisition and is described as an acquisition of 668 restricted stock units of Common Stock at a transaction price of $0.00 per share.