Director Sells $9.9 Million in Assured Guaranty Stock
summarizeSummary
Director Francisco L. Borges sold $9.9 million worth of Assured Guaranty stock in an open market transaction, following a prior intent to sell.
check_boxKey Events
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Director Sells Significant Stake
Director Francisco L. Borges sold 123,750 shares of Assured Guaranty common stock for a total value of $9,927,225. This transaction occurred on March 30, 2026, at a weighted average price of $80.22 per share.
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Follows Prior Intent to Sell
This open market sale executes the intent disclosed in a Form 144 filing by the same director on March 30, 2026, which indicated a plan to sell approximately $10.07 million in company stock.
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Post-Transaction Holdings
Following the sale and a gift of 1,250 shares, Director Borges' direct holdings in Assured Guaranty now stand at 176,952 shares.
auto_awesomeAnalysis
Director Francisco L. Borges executed a significant open market sale of Assured Guaranty stock, disposing of over $9.9 million in shares. This transaction follows a Form 144 filing on the same date indicating an intent to sell a similar amount. While the sale represents a notable disposition by a director, it is important to consider the context of the company's recent strong financial performance and ongoing share repurchase program.
At the time of this filing, AGO was trading at $81.48 on NYSE in the Finance sector, with a market capitalization of approximately $3.7B. The 52-week trading range was $74.09 to $92.40. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.