Sengupta Subhashish 4
Research Summary
AI-generated summary
Assurant (AIZ) EVP Subhashish Sengupta Sells 1,900 Shares
What Happened
Subhashish Sengupta, EVP and Chief People Officer of Assurant, sold a total of 1,900 shares in open-market transactions. He sold 20 shares on 2026-03-19 at $215.00 ($4,300) and 1,880 shares on 2026-03-20 at a weighted-average price of $210.53 (about $395,796), for a combined value of approximately $400,096. These were dispositions (sales), which are commonly routine liquidity or portfolio-management actions rather than explicit signals of company outlook.
Key Details
- Transaction dates and prices:
- 2026-03-19 — sale of 20 shares at $215.00 (total $4,300).
- 2026-03-20 — sale of 1,880 shares at a weighted-average $210.53 (total ≈ $395,796). Footnote: the 3/20 price is a weighted average of individual trades at $210.40–$210.70; the filer can provide the per-trade breakdown on request.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Notable footnotes:
- F1: Includes restricted stock units (relates to reported holdings).
- F2: Weighted-average price range and offer to provide per-trade breakdown.
- F3: Notes indirect holdings in Assurant’s 401(k) plan as of 12/31/2025.
- Timeliness: Form 4 filed 2026-03-23 for transactions on 2026-03-19 and 03-20; filing appears timely under Form 4 reporting rules.
Context
This report documents insider sales rather than purchases. Sales by executives can be for many administrative or personal reasons (taxes, diversification, liquidity) and do not by themselves prove a change in insider sentiment. For retail investors, a single executive sale of roughly $400k is a data point to track but should be considered alongside other insider transactions and company fundamentals.