[Form 4] SiriusPoint Ltd. Insider Trading Activity
Evan Cabat, identified as the Chief Accounting Officer of SiriusPoint Ltd. (SPNT), reported a change in his beneficial ownership of common shares following the vesting of restricted share units. The filing shows 588 shares were withheld to satisfy tax liabilities related to RSU vesting, recorded with transaction code F. After that withholding, Mr. Cabat beneficially owned 33,777 common shares, an amount the filer notes includes restricted shares. The disclosure was submitted via Form 4 and signed by an attorney-in-fact on behalf of Mr. Cabat.
Evan Cabat, indicato come Chief Accounting Officer di SiriusPoint Ltd. (SPNT), ha comunicato una variazione della sua proprietà effettiva di azioni ordinarie a seguito della maturazione di restricted share unit (RSU). La dichiarazione riporta che sono state trattenute 588 azioni per coprire le imposte dovute per la maturazione delle RSU, registrate con il codice di transazione F. Dopo tale trattenuta, il sig. Cabat possedeva beneficiariamente 33.777 azioni ordinarie, somma che il dichiarante precisa include azioni soggette a restrizioni. La comunicazione è stata presentata tramite il Modulo 4 e firmata da un procuratore per conto del sig. Cabat.
Evan Cabat, identificado como Chief Accounting Officer de SiriusPoint Ltd. (SPNT), notificó un cambio en su tenencia beneficiaria de acciones ordinarias tras el devengo de unidades restringidas (RSU). La presentación indica que se retuvieron 588 acciones para cubrir obligaciones fiscales derivadas del devengo de las RSU, registradas con el código de transacción F. Tras esa retención, el Sr. Cabat poseía beneficiariamente 33.777 acciones ordinarias, cantidad que el declarante señala que incluye acciones restringidas. La revelación se presentó mediante el Formulario 4 y fue firmada por un apoderado en nombre del Sr. Cabat.
에반 카배트(Evan Cabat)로 표기된 SiriusPoint Ltd.(SPNT)의 최고회계책임자는 제한주식단위(RSU) 행사에 따른 보유 지분 변동을 신고했습니다. 제출서류에는 RSU 행사와 관련된 세금 부담을 충당하기 위해 588주가 원천징수되었고, 이는 거래 코드 F로 기록되었다고 적혀 있습니다. 해당 원천징수 후 카배트 씨의 실질적 보유 주식 수는 33,777주였으며, 신고인은 이 수치가 제한주식을 포함한다고 명시했습니다. 이 공개는 양식(Form) 4로 제출되었고 카배트 씨를 대신해 대리인이 서명했습니다.
Evan Cabat, identifié comme Chief Accounting Officer de SiriusPoint Ltd. (SPNT), a déclaré une modification de sa détention bénéficiaire d'actions ordinaires suite à la consolidation d'unités d'actions restreintes (RSU). Le dépôt indique que 588 actions ont été retenues pour couvrir les impôts liés au vesting des RSU, enregistrées avec le code de transaction F. Après cette retenue, M. Cabat détenait bénéficiairement 33 777 actions ordinaires, montant que le déclarant précise comprend des actions restreintes. La divulgation a été soumise via le formulaire 4 et signée par un mandataire au nom de M. Cabat.
Evan Cabat, als Chief Accounting Officer von SiriusPoint Ltd. (SPNT) geführt, meldete eine Änderung seines wirtschaftlichen Eigentums an Stammaktien nach der Vesting von Restricted Share Units (RSU). Die Meldung weist aus, dass 588 Aktien einbehalten wurden, um steuerliche Verpflichtungen aus dem RSU-Vesting zu erfüllen; dies wurde mit dem Transaktionscode F erfasst. Nach dieser Einbehaltung hielt Herr Cabat wirtschaftlich 33.777 Stammaktien, ein Betrag, der laut Einreicher eingeschränkte Aktien enthält. Die Offenlegung erfolgte über Formular 4 und wurde von einem Bevollmächtigten im Namen von Herrn Cabat unterschrieben.
- Insider retains significant stake: holds 33,777 common shares following the transaction, which includes restricted shares
- Transaction is routine: withheld shares reflect tax settlement on RSU vesting rather than an open-market sale
- 588 shares were disposed (withheld) to cover taxes in connection with RSU vesting
- Post-transaction holdings include restricted shares, meaning some shares may not be immediately marketable
Insights
TL;DR: Routine tax-withholding after RSU vesting; no open-market sale or additional cash proceeds disclosed.
This Form 4 records a common, administrative disposition: 588 shares were withheld to cover taxes upon RSU vesting (transaction code F). Such withholdings reduce outstanding personal shareholdings but do not represent active selling into the market or a change in strategic ownership. The report shows total beneficial ownership of 33,777 shares, including restricted shares, which indicates continued alignment with equity compensation rather than liquidation. For investors, this is a routine insider reporting event without direct implications for company operations or market liquidity.
TL;DR: Disclosure complies with Section 16 reporting for RSU vesting; no governance concerns evident.
The filing documents a withholding to satisfy tax obligations tied to vested restricted share units, a standard practice under many equity plans. The filer used an attorney-in-fact to sign the Form 4, which is permissible and common. The record explicitly states that the post-transaction holding amount includes restricted shares, clarifying that not all retained shares are freely tradable. There are no indications of unusual transactions, pledges, or off-market transfers that would raise governance flags.
Evan Cabat, indicato come Chief Accounting Officer di SiriusPoint Ltd. (SPNT), ha comunicato una variazione della sua proprietà effettiva di azioni ordinarie a seguito della maturazione di restricted share unit (RSU). La dichiarazione riporta che sono state trattenute 588 azioni per coprire le imposte dovute per la maturazione delle RSU, registrate con il codice di transazione F. Dopo tale trattenuta, il sig. Cabat possedeva beneficiariamente 33.777 azioni ordinarie, somma che il dichiarante precisa include azioni soggette a restrizioni. La comunicazione è stata presentata tramite il Modulo 4 e firmata da un procuratore per conto del sig. Cabat.
Evan Cabat, identificado como Chief Accounting Officer de SiriusPoint Ltd. (SPNT), notificó un cambio en su tenencia beneficiaria de acciones ordinarias tras el devengo de unidades restringidas (RSU). La presentación indica que se retuvieron 588 acciones para cubrir obligaciones fiscales derivadas del devengo de las RSU, registradas con el código de transacción F. Tras esa retención, el Sr. Cabat poseía beneficiariamente 33.777 acciones ordinarias, cantidad que el declarante señala que incluye acciones restringidas. La revelación se presentó mediante el Formulario 4 y fue firmada por un apoderado en nombre del Sr. Cabat.
에반 카배트(Evan Cabat)로 표기된 SiriusPoint Ltd.(SPNT)의 최고회계책임자는 제한주식단위(RSU) 행사에 따른 보유 지분 변동을 신고했습니다. 제출서류에는 RSU 행사와 관련된 세금 부담을 충당하기 위해 588주가 원천징수되었고, 이는 거래 코드 F로 기록되었다고 적혀 있습니다. 해당 원천징수 후 카배트 씨의 실질적 보유 주식 수는 33,777주였으며, 신고인은 이 수치가 제한주식을 포함한다고 명시했습니다. 이 공개는 양식(Form) 4로 제출되었고 카배트 씨를 대신해 대리인이 서명했습니다.
Evan Cabat, identifié comme Chief Accounting Officer de SiriusPoint Ltd. (SPNT), a déclaré une modification de sa détention bénéficiaire d'actions ordinaires suite à la consolidation d'unités d'actions restreintes (RSU). Le dépôt indique que 588 actions ont été retenues pour couvrir les impôts liés au vesting des RSU, enregistrées avec le code de transaction F. Après cette retenue, M. Cabat détenait bénéficiairement 33 777 actions ordinaires, montant que le déclarant précise comprend des actions restreintes. La divulgation a été soumise via le formulaire 4 et signée par un mandataire au nom de M. Cabat.
Evan Cabat, als Chief Accounting Officer von SiriusPoint Ltd. (SPNT) geführt, meldete eine Änderung seines wirtschaftlichen Eigentums an Stammaktien nach der Vesting von Restricted Share Units (RSU). Die Meldung weist aus, dass 588 Aktien einbehalten wurden, um steuerliche Verpflichtungen aus dem RSU-Vesting zu erfüllen; dies wurde mit dem Transaktionscode F erfasst. Nach dieser Einbehaltung hielt Herr Cabat wirtschaftlich 33.777 Stammaktien, ein Betrag, der laut Einreicher eingeschränkte Aktien enthält. Die Offenlegung erfolgte über Formular 4 und wurde von einem Bevollmächtigten im Namen von Herrn Cabat unterschrieben.