SiriusPoint (SPNT) executive sees 911 shares withheld for RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SiriusPoint Ltd reported that Group Chief Underwriting Officer Anthony Shapella had 911 common shares withheld on April 30, 2026 to cover current tax liabilities tied to vesting restricted share units. This was a tax-withholding disposition, not an open-market sale. After this event, Shapella directly owned 43,942 common shares, including restricted shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Shapella Anthony
Role
Group Chief Underwriting Off
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares | 911 | $23.29 | $21K |
Holdings After Transaction:
Common Shares — 43,942 shares (Direct, null)
Footnotes (1)
- Shares withheld to cover current tax liabilities in connection with the vesting of restricted share units. Includes restricted shares.
Key Figures
Shares withheld for taxes: 911 shares
Price per share for withholding: $23.29 per share
Shares owned after transaction: 43,942 shares
+2 more
5 metrics
Shares withheld for taxes
911 shares
Tax-withholding disposition on April 30, 2026
Price per share for withholding
$23.29 per share
Value used for 911 withheld shares
Shares owned after transaction
43,942 shares
Direct holdings after April 30, 2026, including restricted shares
Transaction code
F
Payment of tax liability by delivering securities
Tax-withholding share count
911 shares
Reported in transactionSummary as taxWithholdingShares
Key Terms
restricted share units, tax-withholding disposition, transaction code F, Common Shares, +1 more
5 terms
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
transaction code F regulatory
"transaction_code: F"
FAQ
What insider transaction did SiriusPoint Ltd (SPNT) report for Anthony Shapella?
SiriusPoint reported that Group Chief Underwriting Officer Anthony Shapella had 911 common shares withheld to satisfy tax liabilities from vesting restricted share units. This was a non-market tax-withholding disposition, not an open-market purchase or sale of SPNT shares.
Was the SiriusPoint (SPNT) Form 4 transaction an insider sale in the market?
No, the Form 4 shows a tax-withholding disposition, where 911 shares were withheld to cover tax liabilities on vested restricted share units. The shares were not sold in the open market, so it does not represent a discretionary sale decision.
What does transaction code “F” mean in the SiriusPoint (SPNT) Form 4?
Transaction code “F” on the Form 4 indicates shares were used to pay an exercise price or tax liability. Here, 911 shares were withheld to satisfy current tax obligations arising from vesting restricted share units, rather than being sold in the open market.