SiriusPoint (SPNT) CEO Egan details tax share withholding and holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SiriusPoint Ltd director and CEO Scott Egan reported routine share updates, mainly related to tax withholding and existing holdings. On April 30, 2026, 4,247 Common Shares were withheld at $23.29 per share to cover current tax liabilities on vesting restricted share units, a non-market transaction.
After this tax-withholding disposition, Egan held 133,795 Common Shares directly, which include restricted shares. He also had 1,320,112 Common Shares held indirectly through Egan Family Investment Ltd. This filing reflects compensation-related and ownership-structure details rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Egan Scott
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares | 4,247 | $23.29 | $99K |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 133,795 shares (Direct, null);
Common Shares — 1,320,112 shares (Indirect, By Egan Family Investment Ltd.)
Footnotes (1)
- Shares withheld to cover current tax liabilities in connection with the vesting of restricted share units. Includes restricted shares.
Key Figures
Tax-withholding shares: 4,247 shares
Withholding price: $23.29 per share
Direct holdings after transaction: 133,795 shares
+2 more
5 metrics
Tax-withholding shares
4,247 shares
Common Shares withheld for tax liabilities on RSU vesting on April 30, 2026
Withholding price
$23.29 per share
Value used for 4,247 share tax-withholding disposition
Direct holdings after transaction
133,795 shares
Common Shares held directly by Scott Egan after April 30, 2026
Indirect holdings
1,320,112 shares
Common Shares held indirectly via Egan Family Investment Ltd.
Tax-withholding count
1 transaction
Number of F-code tax-withholding dispositions in this Form 4
Key Terms
restricted share units, tax-withholding disposition, indirect ownership, includes restricted shares
4 terms
tax-withholding disposition financial
"transaction_action: tax-withholding disposition for 4,247 Common Shares at $23.2900 per share."
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.
indirect ownership financial
"total_shares_following_transaction 1,320,112.0000 with ownership_type indirect by Egan Family Investment Ltd."
FAQ
What did SiriusPoint (SPNT) CEO Scott Egan report in this Form 4 filing?
Scott Egan reported a routine tax-related share disposition and updated holdings. 4,247 Common Shares were withheld to cover tax liabilities on vesting restricted share units, and he disclosed his remaining direct and indirect ownership positions in SiriusPoint common shares.
What is Scott Egan’s indirect ownership in SiriusPoint (SPNT)?
Scott Egan had indirect ownership of 1,320,112 SiriusPoint Common Shares held through Egan Family Investment Ltd. This reflects a significant portion of his overall economic exposure to the company, separate from the shares he owns directly in his own name.