SiriusPoint CEO has shares withheld for taxes
SiriusPoint Ltd Chief Executive Officer Scott Egan reported tax-related share dispositions rather than open-market trades.
Sentiment and the balance of points
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Rhea-AI Filing Summary
SiriusPoint Ltd Chief Executive Officer Scott Egan reported tax-related share dispositions rather than open-market trades. On April 14, a total of 150,733 Common Shares were withheld at $22.67 per share to cover current tax liabilities arising from the vesting of performance-based restricted share units and restricted share units.
Following these withholdings, Egan holds 864,446 Common Shares directly, which include restricted shares, and 545,083 Common Shares indirectly through Egan Family Investment Ltd. The filing shows only tax-withholding dispositions and no open-market purchases or sales.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Shares | 138,421 | $22.67 | $3.14M |
| Exercise Price or Tax Liability | Common Shares | 7,690 | $22.67 | $174K |
| Exercise Price or Tax Liability | Common Shares | 4,622 | $22.67 | $105K |
| holding | Common Shares | -- | -- | -- |
Footnotes (3)
- F1. Shares withheld to cover current tax liabilities in connection with the vesting of performance based restricted share units.
- F2. Includes restricted shares.
- F3. Shares withheld to cover current tax liabilities in connection with the vesting of restricted share units.
Key Figures
Key Terms
tax-withholding disposition financial
indirect ownership financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SiriusPoint (SPNT) report for CEO Scott Egan?
Were Scott Egan’s SiriusPoint (SPNT) Form 4 transactions open-market sales?
What types of equity awards are involved in Scott Egan’s SiriusPoint (SPNT) tax-withholding transactions?
How many separate tax-withholding events are shown in Scott Egan’s SiriusPoint (SPNT) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.