Director at Assurant (NYSE: AIZ) granted 668 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ASSURANT, INC. director Rajiv Basu received an equity award of 668 shares of Common Stock on May 22, 2026, reported as a grant or award acquisition. Footnotes clarify these shares are represented by restricted stock units, and his directly held and restricted stock unit–based holdings total 3,731 shares after this award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Basu Rajiv
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 668 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 3,731 shares (Direct, null)
Footnotes (1)
- These shares are represented by restricted stock units. Includes restricted stock units.
Key Figures
Equity award size: 668 shares
Post-transaction holdings: 3,731 shares
Transaction price per share: $0.0000 per share
+2 more
5 metrics
Equity award size
668 shares
Grant or award acquisition on May 22, 2026
Post-transaction holdings
3,731 shares
Common Stock held directly after the award
Transaction price per share
$0.0000 per share
Indicates compensation grant, not a market purchase
Transaction type
Grant, award, or other acquisition
Form 4 transaction code A for Common Stock
Ownership type
Direct ownership
Shares held directly by Rajiv Basu after transaction
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) report for director Rajiv Basu?
Assurant reported that director Rajiv Basu received an equity award of 668 shares of Common Stock as a grant or award. The filing notes these shares are represented by restricted stock units, increasing his total holdings to 3,731 shares after the transaction.
Was Rajiv Basu’s Assurant (AIZ) transaction a stock purchase or a compensation grant?
The transaction was a compensation-related grant, not an open-market stock purchase. It is coded as a grant, award, or other acquisition, with 668 shares represented by restricted stock units awarded to director Rajiv Basu at no stated purchase price.
Did the Assurant (AIZ) Form 4 show any stock sales by Rajiv Basu?
No stock sales are reported for Rajiv Basu in this Form 4. The filing shows only an acquisition coded as a grant, award, or other acquisition of 668 restricted stock unit–based shares, increasing his overall direct holdings to 3,731 shares after the transaction.