Mahmud Mehdi 4
Research Summary
AI-generated summary
SiriusPoint (SPNT) Director Mahmud Mehdi Receives Award of 5,903 Shares
What Happened Mahmud Mehdi, a director of SiriusPoint Ltd (SPNT), received a grant of 5,903 restricted shares on May 29, 2026. The award is reported at $23.29 per share, for a total reported value of $137,481. This transaction is an award/acquisition (code A), not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-05-29, 5,903 shares at $23.29 each (total $137,481).
- Shares owned after transaction: Not specified in the filing.
- Vesting: Footnote F1 states these are restricted shares that vest in full on May 30, 2027, subject to Mehdi’s continued service as a director. (Footnote F2 also notes restricted shares.)
- Filing: Report filed with the SEC on 2026-05-29; no late filing indicated.
- Exhibits/Remarks: Exhibit 24 — Power of Attorney included.
Context This was a time-based restricted share award intended as compensation/retention for a director rather than a market purchase. Such awards represent company-provided equity that vests over time and do not indicate an immediate sale or purchase decision by the insider.