SiriusPoint (SPNT) director receives 5,903-share equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Robart Jason reported acquisition or exercise transactions in this Form 4 filing.
SiriusPoint Ltd director Jason Robart reported an equity grant of 5,903 Common Shares at $23.29 per share. This is a compensation-related award, not an open-market purchase. Following the grant, he holds 97,303 Common Shares directly.
The holding total includes restricted shares that are scheduled to vest in full on May 30, 2027, subject to his continued service as a director. This filing reflects routine director compensation and does not indicate discretionary buying or selling in the market.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Robart Jason
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 5,903 | $23.29 | $137K |
Holdings After Transaction:
Common Shares — 97,303 shares (Direct, null)
Footnotes (1)
- Includes restricted shares that vest in full on May 30, 2027, subject to the Reporting Person's continued service as a director of the Company. Includes Restricted Shares.
Key Figures
Equity grant size: 5,903 shares
Grant reference price: $23.29 per share
Post-transaction holdings: 97,303 shares
+1 more
4 metrics
Equity grant size
5,903 shares
Common Shares granted to director on May 29, 2026
Grant reference price
$23.29 per share
Reported price for 5,903-share grant
Post-transaction holdings
97,303 shares
Total Common Shares directly held after grant
Restricted shares vesting date
May 30, 2027
Restricted shares vest in full if service continues
Key Terms
restricted shares, vest, grant/award acquisition, Common Shares
4 terms
vest financial
"restricted shares that vest in full on May 30, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
FAQ
What did SiriusPoint (SPNT) director Jason Robart report in this Form 4?
Jason Robart reported receiving a grant of 5,903 SiriusPoint Common Shares as compensation. The shares were valued at $23.29 each for reporting purposes, increasing his direct holdings to 97,303 shares, including restricted stock that vests in the future.
Was the SiriusPoint (SPNT) Form 4 transaction an open-market buy or a grant?
The Form 4 shows a grant or award acquisition, not an open-market purchase. The 5,903 Common Shares were issued to director Jason Robart as compensation, coded as a grant (transaction code A), rather than being bought on the stock market.
What does the vesting condition mean for SiriusPoint (SPNT) director equity grants?
The vesting condition means Jason Robart’s restricted shares become fully his only if he remains a SiriusPoint director through May 30, 2027. This structure ties his long-term compensation to ongoing board service, encouraging continuity and alignment with shareholder interests.