SiriusPoint Ltd·4

May 4, 7:18 PM ET

Leonardo Thomas C. 4

Research Summary

AI-generated summary

Updated

SiriusPoint Global Head Leonardo Thomas Withholds 2,413 Shares

What Happened Leonardo Thomas C., Global Head of Accident & Health (A&H) at SiriusPoint Ltd (SPNT), had 2,413 shares withheld to cover current tax liabilities arising from the vesting of restricted share units. The withholding was recorded at $23.29 per share, equal to $56,199 in total. This was a tax-withholding event (code F)—not an open-market sale or purchase.

Key Details

  • Transaction date: 2026-04-30
  • Action/type: Shares withheld to satisfy tax liabilities on RSU vesting (Form 4 code F)
  • Shares withheld: 2,413 at $23.29 each; total value $56,199
  • Shares owned after transaction: Not specified in the filing
  • Footnotes: F1 = shares withheld to cover current tax liabilities upon RSU vesting; F2 = includes restricted shares
  • Filing timeliness: Reported on 2026-05-04; filing appears timely (within two business days of the 4/30 transaction)

Context This is a routine tax-withholding transaction tied to equity compensation vesting (a cashless withholding), which reduces the number of shares issued to the insider but does not reflect an active market sale. Such withholding events are common when RSUs vest and generally do not, by themselves, signal a positive or negative change in insider sentiment.