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SiriusPoint (SPNT) A&H head awarded 157,486 performance-based shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

SiriusPoint Ltd reported that Global Head of A&H Leonardo Thomas C. received equity awards in the form of common shares. On February 26, 2026, he acquired 91,410 common shares tied to Performance Restricted Share Units (PSUs) from a 2023–2025 grant, and separately acquired 66,076 common shares from another PSU grant. The footnotes state these PSUs were earned at 200% of target under the SiriusPoint Ltd. 2023 Omnibus Incentive Plan and are scheduled to vest on April 14, 2026. After these grants, his direct holdings in common shares increased to 318,818, including restricted shares, highlighting that the activity reflects compensation-related awards rather than open‑market purchases.

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Insider Leonardo Thomas C.
Role Global Head of A&H
Type Security Shares Price Value
Grant/Award Common Shares 91,410 $0.00 --
Grant/Award Common Shares 66,076 $0.00 --
Holdings After Transaction: Common Shares — 252,742 shares (Direct)
Footnotes (1)
  1. Represents 91,410 Performance Restricted Share Units (PSUs) achieved at a level of 200% of target under a 2023-2025 PSU grant issued pursuant to the SiriusPoint Ltd. 2023 Omnibus Incentive Plan. The PSUs shall vest on April 14, 2026. Includes restricted shares. Represents 66,076 Performance Restricted Share Units (PSUs) achieved at a level of 200% of target under a 2023-2025 PSU grant issued pursuant to the SiriusPoint Ltd. 2023 Omnibus Incentive Plan. The PSUs shall vest on April 14, 2026.
PSU shares granted (first award) 91,410 shares Performance Restricted Share Units from 2023–2025 PSU grant
PSU shares granted (second award) 66,076 shares Performance Restricted Share Units from 2023–2025 PSU grant
Achievement level 200% of target PSU performance outcome under 2023–2025 grant
Shares after first award 252,742 shares Total direct common shares following initial PSU share issuance
Shares after second award 318,818 shares Total direct common shares following both PSU share issuances
Vesting date April 14, 2026 Scheduled vesting date for the reported PSUs
Performance Restricted Share Units financial
"Represents 91,410 Performance Restricted Share Units (PSUs) achieved at a level of 200% of target"
PSUs financial
"Represents 66,076 Performance Restricted Share Units (PSUs) achieved at a level of 200% of target"
PSUs are company shares promised to employees or executives that only become actual stock if the business hits specific performance targets over a set period. For investors, PSUs matter because they link pay to measurable outcomes — similar to a conditional bonus that converts into ownership — which can influence management decisions, dilution of shares, and signals about confidence in future results.
2023 Omnibus Incentive Plan financial
"under a 2023-2025 PSU grant issued pursuant to the SiriusPoint Ltd. 2023 Omnibus Incentive Plan"
restricted shares financial
"Includes 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.
Form 4 Insider Transactions: What Each Field Means →
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*
Leonardo Thomas C.
(Last)(First)(Middle)
POINT BUILDING, 3 WATERLOO LANE
(Street)
PEMBROKEHM 08
(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)
Global Head of A&H
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026		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 Shares02/26/2026A91,410(1)A$0252,742(2)D
Common Shares02/26/2026A66,076(3)A$0318,818(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. Represents 91,410 Performance Restricted Share Units (PSUs) achieved at a level of 200% of target under a 2023-2025 PSU grant issued pursuant to the SiriusPoint Ltd. 2023 Omnibus Incentive Plan. The PSUs shall vest on April 14, 2026.
2. Includes restricted shares.
3. Represents 66,076 Performance Restricted Share Units (PSUs) achieved at a level of 200% of target under a 2023-2025 PSU grant issued pursuant to the SiriusPoint Ltd. 2023 Omnibus Incentive Plan. The PSUs shall vest on April 14, 2026.
Remarks:
/s/ Jacquelyn Belcastro, Attorney-In-Fact for Thomas C. Leonardo04/16/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did SiriusPoint (SPNT) report for Leonardo Thomas C.?

SiriusPoint reported that Global Head of A&H Leonardo Thomas C. acquired common shares through equity awards, not open-market purchases. The awards reflect Performance Restricted Share Units earned under a 2023–2025 incentive plan and increase his direct ownership stake in the company.

How many SiriusPoint (SPNT) shares did Leonardo Thomas C. receive in this Form 4?

He received two awards: 91,410 common shares from one PSU grant and 66,076 common shares from another PSU grant. These awards stem from performance-based units achieved at 200% of target, granted under SiriusPoint Ltd. 2023 Omnibus Incentive Plan.

Are the SiriusPoint (SPNT) shares granted to Leonardo Thomas C. immediately vested?

No, the grants relate to Performance Restricted Share Units that are scheduled to vest on April 14, 2026. Until vesting, they remain subject to the plan’s conditions, which typically include continued service and performance criteria under the company’s incentive framework.

What is Leonardo Thomas C.’s total direct shareholding in SiriusPoint (SPNT) after these awards?

Following the February 26, 2026 transactions, his direct holdings increased to 318,818 common shares. This total includes restricted shares, reflecting both previously held stock and the newly issued performance-based awards reported in the Form 4 filing.

Were these SiriusPoint (SPNT) insider transactions open-market buys or compensation grants?

They were compensation-related grants, not open-market buys. The Form 4 identifies the code as “A” for grant or award, and the footnotes describe the shares as Performance Restricted Share Units earned under the 2023–2025 PSU grants at 200% of target.