Gibbs Robin 4

What Happened

• Robin Gibbs, CEO of SiriusPoint International, was granted/awarded 153,988 Performance Restricted Share Units (PSUs) on 2026-02-26. The Form 4 reports an acquisition at $0.00 per unit (total reported value $0).
• The PSUs represent awards achieved at 200% of target under a 2023–2025 PSU grant issued under the SiriusPoint Ltd. 2023 Omnibus Incentive Plan and are scheduled to vest on April 14, 2026. This is an award (grant), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-26; Form 4 filed: 2026-03-02 (filed within the required 2 business days — timely).
• Transaction type/code: Award/Grant (Code A). Number of units: 153,988. Reported price per unit: $0.00.
• Shares owned after transaction: Not specified/disclosed in the filing provided.
• Footnotes: F1 – PSUs achieved at 200% of target under the 2023–2025 PSU grant; vesting on 4/14/2026. F2 – includes restricted shares.
• No indication in the filing of immediate sale, cashless exercise, tax withholding, or a 10b5-1 plan related to this award.

Context

• PSUs are performance-based restricted units that convert to shares only if performance/vesting conditions are met; achievement at 200% means the payout level for this grant was at twice target. Value is not realized until and unless the PSUs vest and are settled.
• Awards like this are routine executive compensation and do not by themselves signal insider buying or selling activity in the open market.