Sengupta Subhashish 4
4 · ASSURANT, INC. · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
Assurant EVP Sengupta Receives Award, Withholds Shares for Taxes
What Happened
Subhashish Sengupta, EVP and Chief People Officer of Assurant, received 2,920 shares via vesting awards on March 16, 2026 — 2,076 shares from performance share units (PSUs) tied to the 2023–2025 cycle and 844 shares represented by restricted stock units (RSUs). Concurrently, 1,239 shares were disposed (withheld) to satisfy tax withholding obligations; those withheld shares were reported at $222.15 each for a total withholding value of $275,244. These transactions are awards/vesting and a routine tax-withholding event, not open-market purchases or investment sales.
Key Details
- Transaction date: March 16, 2026; Form 4 filed March 18, 2026 (timely filing).
- Awards acquired: 2,076 shares (PSUs, $0.00 acquisition price) and 844 shares (RSUs, $0.00).
- Shares withheld (disposed) to cover taxes: 1,239 shares at $222.15 each = $275,244 (transaction code F).
- Footnotes: F1 = PSUs issued based on relative performance for 2023–2025; F2 = shares withheld to meet tax withholding; F3/F4 = RSU representation; F5 notes indirect 401(k) holdings as of 12/31/2025 (not part of these transactions).
- Shares owned after transaction: not specified in the filing.
- Transaction types: A = award/acquisition (vesting); F = tax withholding (routine).
Context
This was a vesting of equity compensation (PSUs and RSUs) with shares withheld to satisfy tax obligations — a common, administrative insider filing that reflects compensation delivery rather than a directional buy or sell signal. Withholding dispositions are routine and typically do not indicate insider sentiment about the company’s stock.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-16+2,076→ 5,190.014 total - Tax Payment
Common Stock
[F2]2026-03-16$222.15/sh−1,239$275,244→ 3,951.014 total - Award
Common Stock
[F3][F4]2026-03-16+844→ 4,795.014 total
- 930.344(indirect: By 401(k))
Common Stock
[F5]
Footnotes (5)
- [F1]Represents the number of shares issued upon vesting of performance share units ("PSUs") based on the relative performance achieved during the 2023-2025 performance cycle.
- [F2]Represents shares withheld to satisfy withholding obligations upon the March 16, 2026 vesting of PSUs and restricted stock units.
- [F3]These shares are represented by restricted stock units.
- [F4]Includes restricted stock units.
- [F5]Indirectly held shares of common stock of Assurant, Inc. under the Assurant, Inc. 401K Plan as of December 31, 2025.