Business Context and Reporting Period
This Form 8-K Current Report was filed by Assurant, Inc. on May 18, 2004. The report discloses a specific corporate event under Item 5 (Other Events) regarding the Chief Executive Officer's trading activity.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to the disclosure of a Rule 10b5-1 trading plan and contains no financial performance data.
Material Changes
There are no material changes to financial results or operations reported in this filing. The sole material event is the establishment of a stock purchase plan by the CEO.
Guidance, Outlook, and Management Commentary
Executive Action: J. Kerry Clayton, President and CEO, entered into a Rule 10b5-1 purchase plan with Morgan Stanley & Co. Incorporated on May 18, 2004.
- Plan Details: Orderly purchase of up to $500,000 worth of Assurant, Inc. common stock.
- Commencement Date: May 25, 2004 (subject to conditions).
- Expiration Date: April 30, 2005, unless terminated earlier.
The filing text does not provide a clear value for future guidance, risk factors, or contingencies beyond the terms of this specific trading plan.
Investor Verification Checklist
- Verify the execution of the $500,000 purchase plan by reviewing subsequent Form 4 filings for J. Kerry Clayton.
- Confirm the commencement date of May 25, 2004, and monitor for any early termination notices.
- Review the Company's most recent 10-Q or 10-K for actual financial performance metrics, as this 8-K contains none.