Lumsden Ryan 4

What Happened

• Ryan Lumsden, EVP and President, Global Housing at Assurant (AIZ), had performance share units (PSUs) and restricted stock units (RSUs) vest on March 16, 2026. He was issued 2,189 shares and 844 shares (total 3,033 shares) as awards (acquired at $0.00).
• To satisfy withholding/tax obligations, 1,033 of those shares were withheld/disposed at $222.15 per share, totaling $229,481. The net result is issuance of shares via vesting with a routine tax-withholding disposition.

Key Details

• Transaction date: March 16, 2026; Form 4 filed March 18, 2026 (filed timely).
• Awarded/Acquired: 2,189 shares (A) and 844 shares (A) at $0.00 (vesting of PSUs/RSUs).
• Withheld/Disposed: 1,033 shares (F) at $222.15 per share = $229,481 to satisfy tax withholding.
• Footnotes: F1 = PSUs vested based on Assurant’s relative performance for the 2023–2025 cycle. F2/F3/F5 indicate shares withheld and that some shares are RSUs; F4 notes 42.159 shares were acquired under the ESPP on Dec 31, 2025.
• Shares owned after the transaction are not specified in the excerpt of the filing.

Context

• These transactions are awards/vesting events, not open-market purchases or discretionary sales. The withholding of shares to cover taxes is a common, routine administrative action (not an indicated market sale).
• For retail investors, awards and withheld shares are primarily compensation-related and do not necessarily reflect an insider buying or selling for investment reasons.