SiriusPoint (NYSE: SPNT) CEO receives 776,096-share performance equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SiriusPoint Ltd reported that Chief Executive Officer Scott Egan acquired 776,096 common shares on February 26, 2026 through a grant/award at a price of $0.00 per share. This reflects performance-based equity compensation rather than an open-market purchase.
A footnote explains the award represents performance restricted share units from a 2023–2025 grant that achieved 200% of target and will vest on April 14, 2026. After this award, Egan directly holds 1,015,179 common shares, and separately reports indirect ownership of 545,083 shares held through Egan Family Investment Ltd.
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 |
|---|---|---|---|---|
| Grant/Award | Common Shares | 776,096 | $0.00 | -- |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 1,015,179 shares (Direct);
Common Shares — 545,083 shares (Indirect, By Egan Family Investment Ltd.)
Footnotes (1)
- Represents 776,988 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 did SiriusPoint (SPNT) CEO Scott Egan report on this Form 4?
Scott Egan reported receiving 776,096 common shares as an equity award. The shares were granted at $0.00 per share as part of performance-based compensation and are tied to a 2023–2025 PSU grant that achieved 200% of target performance.
Was the SiriusPoint (SPNT) CEO’s Form 4 transaction a market purchase or sale?
The Form 4 shows an equity grant, not a market purchase or sale. The 776,096 common shares were acquired at $0.00 per share as a grant/award, reflecting performance-based compensation rather than a buy or sell in the open market.
What indirect SiriusPoint (SPNT) holdings are reported for Scott Egan?
The Form 4 reports 545,083 common shares held indirectly. These shares are described as being held “By Egan Family Investment Ltd.” and are categorized as indirect ownership, separate from Scott Egan’s directly held common shares after the award.