SiriusPoint (SPNT) Group President granted 315,738 performance-based shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Govrin David E. reported acquisition or exercise transactions in this Form 4 filing.
SiriusPoint Ltd Group President David E. Govrin reported an equity award of 315,738 common shares at a stated price of $0.0000 per share. A footnote explains this represents 315,738 Performance Restricted Share Units achieved at 200% of target from a 2023–2025 grant under the SiriusPoint Ltd. 2023 Omnibus Incentive Plan, scheduled to vest on April 14, 2026. Following this award, Govrin directly holds 833,713 common shares, which the disclosure notes includes restricted shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Govrin David E.
Role
Group President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 315,738 | $0.00 | -- |
Holdings After Transaction:
Common Shares — 833,713 shares (Direct)
Footnotes (1)
- Represents 315,738 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 David E. Govrin?
SiriusPoint reported that Group President David E. Govrin acquired 315,738 common shares through an equity award. The filing shows the transaction at a stated price of $0.0000 per share, reflecting share delivery from a performance-based award rather than an open-market purchase.
What is the size and nature of the equity award reported for SiriusPoint (SPNT) Group President?
The equity award covers 315,738 common shares tied to Performance Restricted Share Units. A footnote states these PSUs were achieved at 200% of target under a 2023–2025 grant issued pursuant to the SiriusPoint Ltd. 2023 Omnibus Incentive Plan.