Assurant (AIZ) legal chief sells 2,000 shares at $251.77
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Assurant EVP and Chief Legal Officer Jay Rosenblum reported an open-market sale of 2,000 shares of Common Stock on May 14, 2026 at $251.77 per share.
After this transaction, he directly holds 12,764 shares of Assurant common stock, which the filing notes include restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,000 shares ($503,540)
Net Sell
1 txn
Insider
Rosenblum Jay
Role
EVP, Chief Legal Officer
Sold
2,000 shs ($504K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,000 | $251.77 | $504K |
Holdings After Transaction:
Common Stock — 12,764 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 2,000 shares
Sale price: $251.77 per share
Shares held after transaction: 12,764 shares
+1 more
4 metrics
Shares sold
2,000 shares
Open-market sale of Common Stock on May 14, 2026
Sale price
$251.77 per share
Price for 2,000 Assurant Common Stock shares sold
Shares held after transaction
12,764 shares
Direct holdings after sale, including restricted stock units
Net shares sold
2,000 shares
Net-sell direction from transaction summary
Key Terms
restricted stock units, open-market sale, Common Stock, Form 4
4 terms
restricted stock units financial
"Includes 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.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title": "Common Stock""
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Assurant (AIZ) report for Jay Rosenblum?
Assurant reported that EVP and Chief Legal Officer Jay Rosenblum sold 2,000 shares of Common Stock in an open-market transaction on May 14, 2026. The sale was disclosed in a Form 4 insider filing with the SEC.
What role does Jay Rosenblum hold at Assurant (AIZ)?
Jay Rosenblum serves as Executive Vice President and Chief Legal Officer at Assurant. This officer title is listed in the insider filing, indicating he is a senior executive subject to Form 4 reporting requirements for share transactions.
What type of transaction was reported in the Assurant (AIZ) Form 4?
The Form 4 reports an open-market sale of Common Stock, coded as an “S” transaction. This code indicates a sale in the open market or a private transaction, rather than an option exercise, gift, or tax-withholding event.