ASSURANT, INC.·4

Mar 18, 5:28 PM ET

Strickland Jeffrey A. 4

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Assurant EVP Jeffrey Strickland Receives Award; Shares Withheld

What Happened
Jeffrey A. Strickland, EVP and President, Global Automotive at Assurant (AIZ), received equity awards that vested on March 16, 2026 and had shares withheld to satisfy tax withholding. Specifically, 1,711 shares and 844 shares were issued upon vesting (total 2,555 shares) at $0.00 (award/vesting). Concurrently, 722 shares were treated as disposed/withheld at $222.15 per share to cover withholding obligations, totaling $160,392. The awards include performance share units (PSUs) and restricted stock units (RSUs).

Key Details

  • Transaction date: March 16, 2026; Form 4 filed March 18, 2026 (timely filing).
  • Awards: 1,711 shares (A, $0.00) and 844 shares (A, $0.00) issued upon vesting.
  • Withholding/disposition: 722 shares (F) withheld at $222.15/share, proceeds (tax withholding value) = $160,392.
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Footnotes from the filing: F1 = PSU vesting based on 2023–2025 performance; F2 = shares withheld to satisfy withholding obligations at March 16, 2026 vesting; F3/F4 = shares represented by restricted stock units (RSUs).
  • Transaction type notes: A = award/vesting; F = shares withheld for taxes (not an open-market sale).

Context

  • The awards include PSUs whose final payout depends on relative performance for the 2023–2025 cycle (per footnote).
  • The 722-share disposition was a tax-withholding action (routine payroll withholding), not a market sell indicating investment intent.
  • These kinds of vesting and withholding transactions are common for executive compensation and are primarily administrative.

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