SiriusPoint (SPNT) executive has 1,009 shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SiriusPoint Ltd reported that Group Chief Underwriting Officer Anthony Shapella had 1,009 Common Shares withheld on April 14, 2026 to cover current tax liabilities tied to the vesting of restricted share units. The shares were valued at $22.67 each. After this tax-withholding disposition, Shapella directly holds 38,958 Common Shares, which the disclosure notes include restricted shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Shapella Anthony
Role
Group Chief Underwriting Off
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares | 1,009 | $22.67 | $23K |
Holdings After Transaction:
Common Shares — 38,958 shares (Direct)
Footnotes (1)
- Shares withheld to cover current tax liabilities in connection with the vesting of restricted share units. Includes restricted shares.
Key Figures
Shares withheld for taxes: 1,009 shares
Withholding price per share: $22.67 per share
Shares held after transaction: 38,958 shares
3 metrics
Shares withheld for taxes
1,009 shares
Withheld to cover current tax liabilities on RSU vesting
Withholding price per share
$22.67 per share
Value applied to 1,009 Common Shares withheld
Shares held after transaction
38,958 shares
Direct SiriusPoint Common Shares held by Anthony Shapella, including restricted shares
Key Terms
tax-withholding disposition, restricted share units, restricted shares
3 terms
tax-withholding disposition financial
"described as a tax-withholding disposition to cover current tax liabilities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What does the SiriusPoint (SPNT) Form 4 report for Anthony Shapella?
The Form 4 shows 1,009 SiriusPoint Common Shares were withheld from Group Chief Underwriting Officer Anthony Shapella at $22.67 per share to satisfy tax liabilities from restricted share unit vesting, leaving him with 38,958 shares held directly, including restricted shares.
What is a tax-withholding disposition in the SiriusPoint Form 4?
A tax-withholding disposition occurs when a company withholds shares otherwise deliverable to an executive to pay income tax liabilities on equity awards. In this case, 1,009 SiriusPoint shares were withheld upon restricted share unit vesting instead of Shapella receiving all shares in stock form.