SiriusPoint Ltd·4

Apr 30, 5:23 PM ET

Charles Patrick John 4

Research Summary

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SiriusPoint (SPNT) Global Head P&C Charles John Receives RSU Award

What Happened
Charles Patrick John, SiriusPoint Ltd.'s Global Head of Property & Casualty, received a grant of 10,717 restricted share units (RSUs) on April 28, 2026. The award was recorded as an "A" (award/grant) transaction at $0.00 per share (total cash exchanged = $0). These RSUs represent a promise of ordinary shares upon vesting rather than an open-market purchase.

Key Details

  • Transaction date: 2026-04-28 (reported on Form 4 filed 2026-04-30). Filing was timely under Form 4 rules.
  • Grant: 10,717 RSUs; reported acquisition price $0.00; total cash = $0.
  • Vesting: Per footnote, RSUs vest in equal annual installments over three years based on continued employment. (F1)
  • Other note: Filing references restricted shares (F2).
  • Shares owned after transaction: Not disclosed in the provided filing.

Context
This was a compensation grant (RSUs), not a market purchase or sale, so it does not reflect an immediate buy/sell decision. RSUs convert to actual shares only as they vest and may be subject to forfeiture if employment ends before vesting. Compensation grants are common for senior executives and are recorded at $0 in Form 4s because no cash changes hands at grant.