SiriusPoint (SPNT) Global Head of P&C awarded 10,717 RSUs in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Charles Patrick John reported acquisition or exercise transactions in this Form 4 filing.
SiriusPoint Ltd granted Global Head of P&C Charles Patrick John 10,717 common shares as a share-based award, recorded at a price of $0.00 per share, indicating compensation rather than a market purchase. The award includes 10,717 Restricted Share Units granted under the SiriusPoint Ltd 2023 Omnibus Incentive Plan, which will vest in equal annual installments over three years based on continued employment. After this grant, John directly holds 146,726 common shares, including restricted shares and RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Charles Patrick John
Role
Global Head of P&C
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 10,717 | $0.00 | -- |
Holdings After Transaction:
Common Shares — 146,726 shares (Direct, null)
Footnotes (1)
- Includes 10,717 Restricted Share Units (R"SUs") granted under the SirusPoint Ltd. 2023 Omnibus Incentive Plan. The RSUs will vest in equal annual installments over three years based on continued employment. Includes restricted shares.
Key Figures
Shares granted: 10,717 shares
Grant price: $0.00 per share
Total holdings after grant: 146,726 shares
+2 more
5 metrics
Shares granted
10,717 shares
Equity award coded as grant/award acquisition (A)
Grant price
$0.00 per share
Compensation grant, not open-market purchase
Total holdings after grant
146,726 shares
Direct common share ownership following the transaction
RSU vesting period
3 years
RSUs vest in equal annual installments over three years
Transaction date
April 28, 2026
Date of RSU grant reported in the Form 4
Key Terms
Restricted Share Units, 2023 Omnibus Incentive Plan, restricted shares, Grant, award, or other acquisition
4 terms
2023 Omnibus Incentive Plan financial
"RSUs granted under the SiriusPoint Ltd. 2023 Omnibus Incentive Plan."
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did SiriusPoint (SPNT) insider Charles Patrick John report in this Form 4?
Charles Patrick John reported receiving a share-based award of 10,717 SiriusPoint common shares. These were granted at no cash cost as compensation and increased his direct holdings to 146,726 common shares, including restricted shares and RSUs.
What are the vesting terms of the 10,717 RSUs reported for SiriusPoint (SPNT)?
The 10,717 Restricted Share Units will vest in equal annual installments over three years. Vesting depends on Mr. John’s continued employment, meaning he earns one-third of the units each year, aligning long-term compensation with ongoing service.