SiriusPoint (SPNT) Global Head of A&H granted 12,746 RSUs in equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SiriusPoint Ltd reported that Global Head of A&H Leonardo Thomas C. acquired additional equity through a compensation-related award. He received 12,746 Restricted Share Units (RSUs) of Common Shares at no cash cost, granted under the SiriusPoint Ltd. 2023 Omnibus Incentive Plan.
The RSUs will vest in equal annual installments over three years, conditioned on continued employment. Following this award, Thomas directly holds 253,110 Common Shares, which include the newly granted RSUs and other restricted shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Leonardo Thomas C.
Role
Global Head of A&H
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 12,746 | $0.00 | -- |
Holdings After Transaction:
Common Shares — 253,110 shares (Direct, null)
Footnotes (1)
- Includes 12,746 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: 12,746 shares
Grant price: $0.00 per share
Total shares after grant: 253,110 shares
+1 more
4 metrics
RSUs granted
12,746 shares
Restricted Share Units granted under 2023 Omnibus Incentive Plan
Grant price
$0.00 per share
Stated transaction price for RSU award
Total shares after grant
253,110 shares
Common Shares directly held following the transaction
Vesting period
3 years
RSUs vest in equal annual installments over three years
Key Terms
Restricted Share Units ("RSUs"), 2023 Omnibus Incentive Plan, restricted shares
3 terms
2023 Omnibus Incentive Plan financial
"RSUs granted under the SirusPoint Ltd. 2023 Omnibus Incentive Plan."
FAQ
What insider transaction did SiriusPoint (SPNT) report for Leonardo Thomas C.?
SiriusPoint reported that Global Head of A&H Leonardo Thomas C. received a grant of 12,746 Restricted Share Units of Common Shares. This is a compensation-related equity award, not an open-market purchase or sale, and increases his direct equity stake in the company.
How many SiriusPoint (SPNT) RSUs were granted in this Form 4 filing?
The filing shows a grant of 12,746 Restricted Share Units (RSUs) of SiriusPoint Common Shares. These RSUs were awarded at a stated price of $0.00 per share as part of his compensation under the SiriusPoint Ltd. 2023 Omnibus Incentive Plan.
What is the vesting schedule for the 12,746 SiriusPoint (SPNT) RSUs?
The 12,746 RSUs will vest in equal annual installments over three years, subject to continued employment. This means one-third of the award vests each year, aligning Leonardo Thomas C.’s compensation with longer-term service and company performance.
Was the SiriusPoint (SPNT) RSU transaction a market buy or sell?
No, the transaction was not a market buy or sell. It is coded “A” for a grant, award, or other acquisition, reflecting a compensation-related RSU award at $0.00 per share rather than an open-market trade on an exchange.