Form 4: SiriusPoint Director Susan Lee Cross Acquires 10,528 Common Shares

Director Susan Lee Cross acquired 10,528 common shares of SiriusPoint Ltd on May 24, 2024, at a price of $13.06 per share.

Summary

• On May 24, 2024, Susan Lee Cross, a director of SiriusPoint Ltd, acquired 10,528 common shares of the company.
• The shares were purchased at a price of $13.06 per share.
• Following the transaction, Ms. Cross directly owns 10,528 common shares.
• These shares include restricted shares that vest in full on May 31, 2025, contingent upon her continued service as a director.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director purchasing shares can be seen as a vote of confidence, but the quantity is not significant enough to drastically alter sentiment.

Positives

• A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Future Outlook

The vesting of restricted shares on May 31, 2025, is contingent upon the director's continued service.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders (officers, directors, or those holding more than 10% of a company's shares) buy or sell their company's stock. These filings provide transparency into insider transactions and can be used by investors to gauge sentiment.

Key Dates