SiriusPoint (NYSE: SPNT) officer reports 2,375-share tax withholding on vesting
Rhea-AI Filing Summary
SiriusPoint Ltd. reported an insider equity transaction by its Group Chief Underwriting Officer, Anthony Shapella. On 11/30/2025, 2,375 common shares were withheld with a transaction code "F," which indicates shares were surrendered to cover current tax liabilities related to the vesting of restricted shares. The price is shown as $0 because this is a tax withholding event rather than an open-market sale or purchase.
After this transaction, Shapella beneficially owned 42,215 common shares, which the disclosure notes include restricted shares. This type of activity is administrative in nature and reflects routine handling of taxes when equity awards vest.
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FAQ
What insider transaction did SiriusPoint Ltd (SPNT) report in this Form 4?
The company reported that Group Chief Underwriting Officer Anthony Shapella had 2,375 common shares withheld on 11/30/2025, coded as an "F" transaction tied to tax withholding on vested restricted shares.
Who is the reporting person in the SiriusPoint Ltd (SPNT) Form 4 filing?
The reporting person is Anthony Shapella, who serves as SiriusPoint Ltd's Group Chief Underwriting Officer.
How many SiriusPoint Ltd (SPNT) shares were involved in the reported transaction?
The filing shows that 2,375 common shares were withheld to cover current tax liabilities associated with the vesting of restricted shares.
How many SiriusPoint Ltd (SPNT) shares does the insider own after the transaction?
Following the reported transaction, Anthony Shapella beneficially owned 42,215 common shares, and this amount includes restricted shares.
What does transaction code "F" mean in the SiriusPoint Ltd (SPNT) Form 4?
In this context, code "F" indicates that shares were withheld by the issuer to satisfy tax obligations arising from the vesting of restricted shares.
Was this SiriusPoint Ltd (SPNT) Form 4 transaction an open-market sale?
No. The shares were withheld at a reported price of $0 in connection with tax liabilities on vested restricted shares, rather than being sold in the open market.