Form 4: Evercore Director Robert Millard Increases Stake with Restricted Stock Unit Grant

Evercore Inc. Director Robert B. Millard acquired 1,181 shares of Class A common stock through a restricted stock unit grant, increasing his direct beneficial ownership to 52,682 shares.

Summary

• Robert B. Millard, a Director at Evercore Inc. (EVR), acquired 1,181 shares of Class A common stock.
• The acquisition was made on June 11, 2025, at a price of $0 per share, indicating a grant of restricted stock units (RSUs).
• Following this transaction, Mr. Millard directly beneficially owns 52,682 shares of Evercore Inc. Class A common stock.
• These restricted stock units are scheduled for delivery on June 11, 2026, with provisions for accelerated vesting under certain conditions.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director through an RSU grant is a positive signal, indicating continued alignment of management interests with shareholders and a routine compensation practice. It does not, however, provide new fundamental insights into the company's financial performance.

Positives

• The acquisition of 1,181 shares through a restricted stock unit grant increases Director Robert B. Millard's direct beneficial ownership, further aligning his interests with those of shareholders.
• The grant of RSUs is a common form of executive and director compensation, indicating ongoing commitment and incentivization.

Future Outlook

The acquired restricted stock units are scheduled for delivery on June 11, 2026, which will further increase the director's vested ownership in the company, subject to certain accelerated vesting conditions.

Industry Context

This transaction is a routine insider compensation event, common across the financial services industry where equity grants are used to align the interests of directors and executives with long-term shareholder value.

Related Party Transactions

• The acquisition of restricted stock units by Director Robert B. Millard from Evercore Inc. constitutes a related party transaction, which is a standard compensation practice for board members.

Stakeholder Impact

• Shareholders: The transaction aligns the director's financial interests more closely with long-term shareholder value through increased equity ownership.

Next Steps

• Delivery of the restricted stock units to Robert B. Millard on June 11, 2026, unless accelerated vesting conditions are met earlier.

Key Dates

Keywords

Evercore Inc., EVR, Form 4, Insider Transaction, Restricted Stock Units, RSU, Director Compensation, Stock Grant, Beneficial Ownership