Assurant (AIZ) EVP Lonergan sells 7,000 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Assurant, Inc. executive Robert Lonergan, EVP and Chief Strategy & Transformation Officer, sold 7,000 shares of common stock in an open-market transaction at a weighted average price of about $262.71 per share. The sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 20, 2026. After the sale, Lonergan directly holds 27,373.727 shares of Assurant stock, a figure that includes restricted stock units.
Positive
- None.
Negative
- None.
Insights
Pre-planned executive share sale with modest scale and remaining stake.
Executive vice president Robert Lonergan sold 7,000 Assurant shares at a weighted average of $262.7097 per share. The transaction is coded as an open-market sale and is not tied to any derivative exercise in this filing.
All sales occurred under a pre-established Rule 10b5-1 trading plan adopted on March 20, 2026, indicating they were scheduled in advance rather than timed discretionarily. Following the sale, Lonergan still directly owns 27,373.727 shares, including restricted stock units, suggesting continued equity exposure.
Insider Trade Summary 10b5-1
Net Seller: 7,000 shares ($1,838,968)
Net Sell
1 txn
Insider
Lonergan Robert
Role
EVP, CSTO
Sold
7,000 shs ($1.84M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,000 | $262.7097 | $1.84M |
Holdings After Transaction:
Common Stock — 27,373.727 shares (Direct, null)
Footnotes (1)
- All of the sales set forth on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 20, 2026. The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $261.2400 through $264.6100, inclusive. The Reporting Person undertakes to provide Assurant, Inc., any security holder of Assurant, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to Form 4. Includes restricted stock units.
Key Figures
Shares sold: 7,000 shares
Weighted average sale price: $262.7097 per share
Post-transaction holdings: 27,373.727 shares
+2 more
5 metrics
Shares sold
7,000 shares
Open-market sale of Assurant common stock
Weighted average sale price
$262.7097 per share
Price for sold shares
Post-transaction holdings
27,373.727 shares
Direct ownership after sale, includes RSUs
Sale price range
$261.2400–$264.6100 per share
Range of trade prices in the sale
Trading plan adoption date
March 20, 2026
Rule 10b5-1 plan used for these sales
Key Terms
Rule 10b5-1 trading plan, weighted average price, restricted stock units, open-market sale
4 terms
Rule 10b5-1 trading plan regulatory
"All of the sales set forth on this Form 4 were made pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
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.
FAQ
Did Robert Lonergan use a Rule 10b5-1 trading plan for this Assurant (AIZ) sale?
Yes. The Form 4 footnotes state that all sales were made under a Rule 10b5-1 trading plan adopted on March 20, 2026. Such plans pre-schedule trades, indicating these transactions were arranged in advance rather than timed based on short-term market developments.
Were derivatives or options involved in Robert Lonergan’s Assurant (AIZ) Form 4?
No derivative transactions are reported in this Form 4. The filing lists only a non-derivative common stock sale of 7,000 shares. The derivative section is empty, indicating no option exercises, conversions, or other derivative events in this particular disclosure.