Assurant (AIZ) CEO Keith Demmings granted PSUs and RSUs, with shares withheld for taxes
Rhea-AI Filing Summary
ASSURANT, INC. President and CEO Keith Demmings reported equity compensation and related tax withholding in company stock. On March 16, 2026, he received 83,030 shares of common stock upon vesting of performance share units tied to the 2023–2025 performance cycle. He also acquired 11,254 shares as a separate stock award. To cover withholding obligations on the vesting of performance share units and restricted stock units, 42,338 shares were withheld at a reference price of $222.15 per share, which is characterized as a tax-withholding disposition rather than an open-market sale. Following these transactions, Demmings directly holds 136,635.383 shares of common stock, a figure that includes restricted stock units and shares previously acquired under the employee stock purchase plan.
Positive
- None.
Negative
- None.
Insights
CEO award and tax withholding in AIZ stock appear routine and compensation-driven.
The filing shows Keith Demmings receiving performance-based and other stock awards, with $222.15-per-share valuation used for tax withholding. The largest component is from performance share units earned over the 2023–2025 cycle, signaling long-term, metric-based compensation rather than short-term trading.
A block of 42,338 shares was withheld to satisfy tax obligations, which is not an open-market sale and carries limited informational value about his view of the stock. After these entries, Demmings directly holds 136,635.383 shares, including restricted stock units, indicating he maintains a substantial ongoing equity stake.
FAQ
What did Assurant (AIZ) CEO Keith Demmings report in this Form 4?
Were any of Keith Demmings’ Assurant (AIZ) stock transactions open-market sales?
How many Assurant (AIZ) shares did the CEO receive from performance share units?
What price was used for Assurant (AIZ) CEO tax-withholding shares on this Form 4?
What is Keith Demmings’ Assurant (AIZ) share ownership after these transactions?
How many Assurant (AIZ) shares were withheld for Keith Demmings’ tax obligations?