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SiriusPoint Ltd·4

Mar 2, 4:32 PM ET

Govrin David E. 4

Research Summary

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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.