Form 4: SiriusPoint Former CAO Anthony L. LeHan Reports Changes in Beneficial Ownership After RSU Vesting
SEC Form 4 Filing
Anthony L. LeHan, former CAO of SiriusPoint Ltd, reports changes in beneficial ownership due to shares withheld to cover tax liabilities upon the accelerated vesting of restricted stock units.
Summary
- On April 1, 2024, Anthony L. LeHan, former CAO of SiriusPoint Ltd, had shares withheld to cover tax liabilities related to the accelerated vesting of restricted stock units (RSUs).
- A total of 1,728 shares were withheld related to RSUs granted on April 14, 2021.
- An additional 10,948 shares were withheld related to RSUs granted on April 6, 2022.
- Further, 5,188 shares were withheld related to RSUs granted on December 12, 2022.
- Finally, 3,792 shares were withheld related to RSUs granted on April 18, 2023.
- Following these transactions, LeHan directly owns 90,563 common shares of SiriusPoint Ltd, which includes restricted shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction related to executive compensation; it doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on the total number of outstanding shares, but is unlikely to significantly affect shareholders.
Key Dates
| Date | Description |
|---|---|
| 04/14/2021 | Date of grant for some of the restricted stock units. |
| 04/06/2022 | Date of grant for some of the restricted stock units. |
| 12/12/2022 | Date of grant for some of the restricted stock units. |
| 04/18/2023 | Date of grant for some of the restricted stock units. |
| 04/01/2024 | Date of transaction (shares withheld for tax liabilities). |
| 04/03/2024 | Date of signature on the Form 4 filing. |
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