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SiriusPoint (SPNT) executive has 1,009 shares withheld for RSU taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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)
  1. Shares withheld to cover current tax liabilities in connection with the vesting of restricted share units. Includes restricted shares.
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
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.
restricted share units financial
"in connection with the vesting of restricted share units"
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
restricted shares financial
"post-transaction holdings of 38,958 shares include restricted shares"
Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Shapella Anthony

(Last)(First)(Middle)
POINT BUILDING
3 WATERLOO LANE

(Street)
PEMBROKEHM08

(City)(State)(Zip)

BERMUDA

(Country)
2. Issuer Name and Ticker or Trading Symbol
SiriusPoint Ltd [ SPNT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Group Chief Underwriting Off
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/14/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Shares04/14/2026F1,009(1)D$22.6738,958(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares withheld to cover current tax liabilities in connection with the vesting of restricted share units.
2. Includes restricted shares.
Remarks:
/s/ Jacquelyne Belcastro, as Attorney-in-Fact for Anthony Shapella04/16/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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.

Was Anthony Shapella’s SiriusPoint share transaction an open-market sale?

No, the filing describes a tax-withholding disposition, meaning shares were withheld by SiriusPoint to cover current tax liabilities from vesting restricted share units. It was not reported as an open-market sale, but as payment of tax obligations using already-awarded equity.

How many SiriusPoint (SPNT) shares does Anthony Shapella hold after this Form 4?

Following the tax-withholding transaction, Anthony Shapella directly holds 38,958 Common Shares of SiriusPoint. A footnote specifies that this post-transaction figure includes restricted shares, reflecting both vested and unvested equity reported under his direct ownership.

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.

What triggered the share withholding for Anthony Shapella at SiriusPoint?

The withholding was triggered by the vesting of restricted share units. When these RSUs vested, SiriusPoint retained 1,009 Common Shares at $22.67 per share to cover Shapella’s current tax liabilities, as explicitly stated in the footnote to the Form 4.