Govrin David E. 4
4 · SiriusPoint Ltd · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
SiriusPoint (SPNT) Group President Govrin Receives 315,738-Share PSU Award
What Happened
David E. Govrin, Group President of SiriusPoint Ltd. (SPNT), was granted 315,738 performance-based restricted share units (PSUs) effective Feb 26, 2026. The filing shows an acquisition at $0.00 (award), reflecting that these were granted awards rather than a market purchase. The PSUs were achieved at 200% of target under a 2023–2025 PSU grant and are scheduled to vest on April 14, 2026.
Key Details
- Transaction date: 2026-02-26; reported on Form 4 filed 2026-03-02 (filing appears timely).
- Instrument: 315,738 Performance Restricted Share Units (PSUs); reported acquisition price $0.00.
- Vesting: PSUs shall vest on April 14, 2026 (see footnote).
- Footnotes: F1 = PSUs achieved at 200% of target under the 2023–2025 grant; F2 notes restricted shares are included in holdings.
- Shares owned after the transaction: not specified in the provided summary of the Form 4.
- Exhibit: Exhibit 24 — Power of Attorney referenced.
Context
PSUs are performance-based awards that convert to shares (or cash) only if performance and vesting conditions are met; this grant reflects earned compensation rather than a purchase signal. Because this is an award (not a sale), it does not directly indicate buying or selling sentiment in the market.
Insider Transaction Report
- Award
Common Shares
[F1][F2]2026-02-26+315,738→ 833,713 total
Footnotes (2)
- [F1]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.
- [F2]Includes restricted shares.