SiriusPoint (SPNT) executive Robin Gibbs receives 153,988-share performance award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SiriusPoint Ltd executive Robin Gibbs, CEO of SiriusPoint International, reported an acquisition of 153,988 common shares on a no-cash basis. These shares represent Performance Restricted Share Units earned at 200% of target under a 2023–2025 grant. Following this award, Gibbs holds 234,586 common shares in total, which the company notes include restricted shares. The performance share units are scheduled to vest on April 14, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gibbs Robin
Role
CEO, SiriusPoint International
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 153,988 | $0.00 | -- |
Holdings After Transaction:
Common Shares — 234,586 shares (Direct)
Footnotes (1)
- Represents 153,988 Performance Restricted Share Units (PSUs) achieved at a level of 200% of target under a 2023-2025 PSU grant issued pursuant to the SiriusPoint Ltd. 2023 Omnibus Incentive Plan. The PSUs shall vest on April 14, 2026. Includes restricted shares.
FAQ
What insider transaction did SiriusPoint (SPNT) report for Robin Gibbs?
SiriusPoint reported that executive Robin Gibbs acquired 153,988 common shares through a performance-based equity award. These shares stem from Performance Restricted Share Units earned at 200% of target under a 2023–2025 grant and involve no cash purchase.
What plan governs Robin Gibbs’s new SiriusPoint (SPNT) equity award?
The award was issued under the SiriusPoint Ltd. 2023 Omnibus Incentive Plan. This plan authorizes performance-based and restricted share awards to executives, including the 2023–2025 PSU grant that produced the 153,988 performance share units reported in this Form 4 filing.