Basu Rajiv 4

What Happened

• Rajiv Basu, a director of Assurant, Inc. (AIZ), was granted 668 shares represented by restricted stock units (RSUs) on May 22, 2026. The Form 4 reports the acquisition with a price of $0 and a reported value of $0, reflecting an award/grant rather than an open-market purchase.

Key Details

• Transaction date: 2026-05-22 (reported on Form 4 filed 2026-05-26).
• Transaction type/code: A — Grant/Award/Other acquisition; price per share reported as $0.
• Shares involved: 668 shares represented by restricted stock units (Footnote F1: shares are RSUs; F2: includes RSUs).
• Shares owned after the transaction: Not specified in the provided excerpt of the filing.
• Timeliness: Form 4 was filed on 2026-05-26; filing appears to be timely based on the transaction date.
• No sale or option exercise reported in this transaction.

Context

• These 668 units are RSUs, which typically vest over time and convert into actual shares only after vesting conditions are met; they are a form of compensation rather than an outright market purchase or sale. Such awards are common for executives and directors and do not by themselves indicate a purchase-driven bullish signal.