Egan Scott 4

What Happened

• Scott Egan, CEO of SiriusPoint Ltd (SPNT), had 4,247 shares withheld on April 30, 2026 to cover tax liabilities tied to the vesting of restricted share units (RSUs). The withholding was recorded at $23.29 per share for a notional value of $98,913.
• This was a tax-withholding disposition (transaction code F), a routine corporate action when RSUs vest — not an open-market sale signal.

Key Details

• Transaction date: 2026-04-30; Filing date: 2026-05-04 (timely under Form 4 rules).
• Price per share: $23.29; Shares withheld/disposed: 4,247; Total value: $98,913.
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Footnotes: F1 — shares withheld to cover current tax liabilities on RSU vesting; F2 — includes restricted shares.
• Transaction type explanation: F = tax withholding/cashless share settlement, not a market sale.

Context

• Withholding shares to cover taxes is a common administrative step when restricted shares or RSUs vest; the company retains/withholds a portion rather than the insider selling shares on the market.
• Such transactions are generally routine and do not necessarily indicate the insider’s view of the company’s prospects. Purchases or open-market sales typically carry more direct interpretive weight for investors.