SiriusPoint (NYSE: SPNT) Group President reports tax share withholding and correction
Rhea-AI Filing Summary
SiriusPoint Ltd. executive David E. Govrin, Group President, reported a share transaction involving company common shares. On 11/30/2025, 52,800 common shares were withheld at a price of $0 under transaction code "F", which indicates shares were withheld to cover current tax liabilities tied to the vesting of restricted shares. Following this transaction, he beneficially owned 517,975 common shares, which include restricted shares. The reported holdings were also adjusted to correct a prior overstatement by 6,570 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares | 52,800 | $0.00 | -- |
Footnotes (1)
- Shares withheld to cover current tax liabilities in connection with the vesting of restricted shares. The amount of securities beneficially owned by the reporting person has been updated to correct an overstatement by 6,570 shares. Includes restricted shares.
FAQ
What insider transaction did SiriusPoint (SPNT) report for David E. Govrin?
David E. Govrin, Group President of SiriusPoint Ltd., reported a transaction on 11/30/2025 where common shares were withheld to satisfy tax obligations related to vesting restricted shares.
Did the SiriusPoint Form 4 include any correction to prior reported holdings?
Yes. The amount of securities beneficially owned by David E. Govrin was updated to correct an overstatement by 6,570 shares.
What does transaction code "F" mean in the SiriusPoint Form 4?
Transaction code "F" indicates that shares were withheld by the issuer to satisfy the reporting person’s tax withholding obligations upon the vesting of equity awards such as restricted shares.
What is David E. Govrin’s role at SiriusPoint Ltd.?
David E. Govrin is identified in the filing as an Officer of SiriusPoint Ltd. with the title Group President.