SiriusPoint (SPNT) Group President awarded 19,926 RSUs, holds 677,696 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Govrin David E. reported acquisition or exercise transactions in this Form 4 filing.
SiriusPoint Ltd Group President David E. Govrin received an equity award of 19,926 Common Shares on April 28, 2026, as a grant under the company’s 2023 Omnibus Incentive Plan. The award consists of Restricted Share Units that vest in equal annual installments over three years based on continued employment. Following this grant, Govrin directly holds a total of 677,696 Common Shares, which includes restricted shares and the newly granted RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Govrin David E.
Role
Group President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 19,926 | $0.00 | -- |
Holdings After Transaction:
Common Shares — 677,696 shares (Direct, null)
Footnotes (1)
- Includes 19,926 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. Includes restricted shares.
Key Figures
RSUs granted: 19,926 shares
Grant price: $0.0000 per share
Shares held after transaction: 677,696 shares
+1 more
4 metrics
RSUs granted
19,926 shares
Restricted Share Units grant on April 28, 2026
Grant price
$0.0000 per share
Equity award, no cash paid by insider
Shares held after transaction
677,696 shares
Total direct Common Shares following grant
Vesting schedule
3 years
RSUs vest in equal annual installments over three years
Key Terms
Restricted Share Units, RSUs, 2023 Omnibus Incentive Plan, restricted shares, +1 more
5 terms
RSUs financial
"The RSUs will vest in equal annual installments over three years based on continued employment."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
2023 Omnibus Incentive Plan financial
"Restricted Share Units ("RSUs") granted under the SirusPoint Ltd. 2023 Omnibus Incentive Plan."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did SiriusPoint (SPNT) report for David E. Govrin?
SiriusPoint reported that Group President David E. Govrin received a grant of 19,926 Common Shares as Restricted Share Units. These RSUs were awarded under the 2023 Omnibus Incentive Plan and represent compensation, not an open-market purchase or sale of existing shares.
What are the terms of the 19,926 RSUs granted to SiriusPoint (SPNT) Group President?
The 19,926 Restricted Share Units granted to David E. Govrin vest in equal annual installments over three years, contingent on continued employment. They are issued at no cash cost per share, reflecting equity-based compensation rather than a purchase in the open market.
Was the SiriusPoint (SPNT) insider award a buy or sell transaction?
The transaction was an acquisition through a grant or award, coded as “A” on Form 4. David E. Govrin did not buy shares on the open market or sell existing holdings; he received 19,926 RSUs as part of his compensation package.
Under which plan were the new SiriusPoint (SPNT) RSUs for David E. Govrin granted?
The 19,926 Restricted Share Units awarded to David E. Govrin were granted under the SiriusPoint Ltd. 2023 Omnibus Incentive Plan. This plan provides for equity-based compensation, including RSUs that vest over time based on continued employment conditions.