ASSURANT, INC.·4

Apr 3, 4:22 PM ET

Biju Nair 4

Research Summary

AI-generated summary

Updated

Assurant (AIZ) EVP Biju Nair Pays Tax Withholding on 1,108 Shares

What Happened

  • Biju Nair, EVP and President, Global Connected Living at Assurant, surrendered 1,108 shares on April 1, 2026 to satisfy tax withholding tied to equity awards. The shares were recorded as disposed at $216.33 per share, for a total value of $239,694. The filing indicates these relate to restricted stock units (see footnote).

Key Details

  • Transaction date: 2026-04-01; Filing date (Form 4): 2026-04-03 (timely)
  • Disposition: 1,108 shares @ $216.33 = $239,694
  • Transaction code: F (payment of exercise price or tax liability); footnote F1 notes these include restricted stock units
  • Shares owned after the transaction: not specified in the provided filing excerpt

Context

  • This was a tax withholding/surrender of shares to cover tax obligations on equity awards (common and generally routine), not an open-market sale indicating a directional bet.
  • Such F-code transactions typically reflect company tax withholding on vested awards and should be viewed as administrative rather than an investment signal.