SiriusPoint CEO receives RSUs, shifts holdings
Egan Scott reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Egan Scott reported acquisition or exercise transactions in this Form 4 filing.
SiriusPoint Ltd Chief Executive Officer Scott Egan reported routine equity compensation and an internal ownership restructuring. He received 48,625 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.
On the same date, 775,029 common shares were transferred from his direct ownership to indirect ownership through Egan Family Investment Ltd., a UK family investment company, for estate planning purposes, with no consideration paid. After these transactions, Egan holds 138,042 common shares directly, and 1,320,112 common shares indirectly through Egan Family Investment Ltd.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 48,625 | $0.00 | $0.00 |
| Other | Common Shares | 775,029 | $0.00 | $0.00 |
| Other | Common Shares | 775,029 | $0.00 | $0.00 |
Footnotes (3)
- F1. Includes 48,625 Restricted Share Units ("RSUs") granted under the SirusPoint Ltd. 2023 Omnibus Incentive Plan. The RSUs will vest in equal annual installments over three years based on continued employment.
- F2. Includes restricted shares.
- F3. Shares transferred from direct ownership to indirect ownership through Egan Family Investment Ltd., a UK family investment company, for estate planning purposes. No consideration was paid.
Key Figures
Key Terms
SirusPoint Ltd. 2023 Omnibus Incentive Plan financial
indirect ownership financial
estate planning financial
FAQ
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What insider transactions did SiriusPoint (SPNT) CEO Scott Egan report?
How many SiriusPoint (SPNT) RSUs did the CEO receive and how do they vest?
What are Scott Egan’s SiriusPoint (SPNT) holdings after the reported transactions?
Are the SiriusPoint (SPNT) insider transactions open-market buys or sales?
AI-generated analysis. How Rhea-AI works. Not financial advice.