Assured Guaranty Ltd. and related corporate entities disclosed a small sale of Sound Point Meridian Capital, Inc. (NASDAQ: SPMC) common stock in a Form 4 filing with the Securities and Exchange Commission. According to the filing, 237 shares were sold on January 29, 2026, at a per-share price of $14.3171, producing proceeds of $3,393.
The Form 4 was submitted on February 2, 2026, and lists the transaction on behalf of a group of affiliated entities: Assured Guaranty Ltd., Assured Guaranty US Holdings Inc., Assured Guaranty Municipal Holdings Inc., Assured Guaranty Inc., and AG Asset Strategies LLC. The document identifies AG Asset Strategies LLC as the executing entity for the sale.
The filing details the chain of ownership that connects the executing manager back to Assured Guaranty Ltd. AG Asset Strategies LLC is described as owned by its member Assured Guaranty Inc.; Assured Guaranty Inc. is wholly owned by Assured Guaranty Municipal Holdings Inc.; Assured Guaranty Municipal Holdings Inc. is wholly owned by Assured Guaranty US Holdings Inc.; and Assured Guaranty US Holdings Inc. is wholly owned by Assured Guaranty Ltd. Following the disposition, the grouped entities report an indirect holding of 5,269,453 shares of Sound Point Meridian Capital common stock.
The signature block on the filing bears the name Nicole Idoko, who signed as an Authorized Signatory for Assured Guaranty Ltd. and in several capacities for the affiliated entities named in the filing.
Additional items disclosed in filings by Sound Point Meridian Capital provide context about the company. As of October 31, 2025, the company reported an estimated net asset value per share for its common stock within a range of $16.12 to $16.22. The company also announced an executive transition: Daniel Fabian was appointed Chief Financial Officer effective December 31, 2025. Fabian will succeed Kevin Gerlitz, who is leaving the company to pursue other opportunities.
The filing describes Fabian's current role as Global Chief Financial Officer at Sound Point Capital Management and notes over 20 years of experience in the global asset management sector, including prior responsibilities as President and Chief Operating Officer at Alcentra, where he managed operations across multiple investment strategies. These details were included in the company's disclosure and reflect recent changes in SPMC's management and reported NAV estimate.
Summary of transaction and related disclosures:
- Transaction date: January 29, 2026.
- Shares sold: 237 common shares of Sound Point Meridian Capital.
- Sale price: $14.3171 per share, totaling $3,393.
- Filing date: February 2, 2026, Form 4 with the SEC.
- Filing signatory: Nicole Idoko, Authorized Signatory.
- Post-transaction indirect holdings by the group: 5,269,453 shares.