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SiriusPoint (SPNT) executive sees 911 shares withheld for RSU tax obligations

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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)
  1. Shares withheld to cover current tax liabilities in connection with the vesting of restricted share units. Includes restricted shares.
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
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.
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"
Common Shares financial
"security_title: Common Shares"
Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.
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*
Shapella Anthony

(Last)(First)(Middle)
POINT BUILDING
3 WATERLOO LANE

(Street)
PEMBROKEHM08

(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)
Group Chief Underwriting Off
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 Shares04/30/2026F911(1)D$23.2943,942(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, as Attorney-in-Fact for Anthony Shapella05/04/2026
** 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 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.

How many SiriusPoint (SPNT) shares does Anthony Shapella hold after this Form 4?

After the tax-withholding transaction, Anthony Shapella directly holds 43,942 SiriusPoint common shares. This figure includes restricted shares, indicating he retains a substantial equity position following the withholding of 911 shares for tax obligations.

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.

What role do restricted share units play in this SiriusPoint (SPNT) insider filing?

The filing states the withheld 911 shares relate to tax liabilities from vesting restricted share units. When these units vest, shares are delivered and a portion can be withheld to pay taxes, which is recorded as a disposition even though it is not a market trade.