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SiriusPoint (SPNT) exec covers tax bill with share withholding

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

Rhea-AI Filing Summary

SiriusPoint Ltd executive Leonardo Thomas C., Global Head of A&H, had 2,413 Common Shares withheld at $23.29 per share to cover tax liabilities related to vesting restricted share units. After this tax-withholding disposition, he holds 250,697 Common Shares, which the filing notes include restricted shares.

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Insider Leonardo Thomas C.
Role Global Head of A&H
Type Security Shares Price Value
Tax Withholding Common Shares 2,413 $23.29 $56K
Holdings After Transaction: Common Shares — 250,697 shares (Direct, null)
Footnotes (1)
  1. Shares withheld to cover current tax liabilities in connection with the vesting of restricted share units. Includes restricted shares.
Shares withheld for taxes 2,413 shares Tax-withholding disposition at $23.29 per share on 2026-04-30
Withholding price $23.29/share Price used for 2,413 withheld Common Shares
Shares held after transaction 250,697 shares Total direct Common Share holdings including restricted shares after withholding
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.
restricted share units financial
"in connection with the vesting of restricted share units"
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
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.
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)
04/30/2026
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 Shares04/30/2026F2,413(1)D$23.29250,697(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. Shares withheld to cover current tax liabilities in connection with the vesting of restricted share units.
2. Includes restricted shares.
Remarks:
/s/ Jacquelyne Belcastro, Attorney-In-Fact for Thomas C. Leonardo05/04/2026
** 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)

FAQ

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

SiriusPoint reported a tax-withholding disposition for executive Leonardo Thomas C. The company withheld 2,413 Common Shares at $23.29 per share to cover tax liabilities arising from vesting restricted share units, rather than an open-market sale of shares.

How many SiriusPoint (SPNT) shares were withheld for taxes in this Form 4?

The Form 4 shows 2,413 SiriusPoint Common Shares were withheld for taxes. These shares were used to satisfy current tax liabilities triggered by the vesting of restricted share units, according to the filing’s footnote explanation of the transaction.

Did the SiriusPoint (SPNT) executive make an open-market sale of shares?

No, the filing describes a tax-withholding disposition, not an open-market sale. Shares were withheld by the company to cover tax liabilities from vesting restricted share units, which is a routine administrative event rather than a discretionary sale in the market.

How many SiriusPoint (SPNT) shares does Leonardo Thomas C. hold after this transaction?

After the tax-withholding transaction, Leonardo Thomas C. holds 250,697 SiriusPoint Common Shares. The filing specifies that this figure includes restricted shares, reflecting his total direct equity position following the vesting-related withholding event.

What does the Form 4 say about restricted share units at SiriusPoint (SPNT)?

The Form 4 indicates that the tax-withheld shares relate to vesting restricted share units. A footnote explains that shares were withheld to cover current tax liabilities and clarifies that the reported post-transaction holdings figure includes restricted shares.