Form 4: Evercore CFO Timothy LaLonde Sells Shares for Tax Obligations
SEC Form 4 Filing
Chief Financial Officer of Evercore Inc., Timothy Gilbert LaLonde, disposed of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On February 4, 2025, Timothy Gilbert LaLonde, the Chief Financial Officer of Evercore Inc., disposed of 6,985 shares of Class A common stock.
- The shares were surrendered to Evercore Inc. for the payment of taxes in connection with the vesting of previously granted restricted stock unit awards.
- The transaction was executed at a price of $285.6625 per share.
- Following the transaction, LaLonde directly owns 33,578 shares of Evercore Inc.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction (selling shares to cover taxes), so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the CFO selling shares, but it is a common practice for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/04/2025 | Date of the transaction where shares were disposed of. |
| 02/06/2025 | Date of signature for the Form 4 filing. |
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