SiriusPoint (SPNT) exec covers tax bill with share withholding
Filing Impact
Filing Sentiment
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.
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 |
|---|---|---|---|---|
| Tax Withholding | Common Shares | 2,413 | $23.29 | $56K |
Holdings After Transaction:
Common Shares — 250,697 shares (Direct, null)
Footnotes (1)
- Shares withheld to cover current tax liabilities in connection with the vesting of restricted share units. Includes restricted shares.
Key Figures
Shares withheld for taxes: 2,413 shares
Withholding price: $23.29/share
Shares held after transaction: 250,697 shares
3 metrics
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
Key Terms
tax-withholding disposition, restricted share units, restricted shares
3 terms
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.
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.