Form 4: Evercore Director William J. Wheeler Granted Restricted Stock Units

Evercore Inc. Director William J. Wheeler was granted 527 shares of Class A common stock in the form of restricted stock units, increasing his direct beneficial ownership to 12,278 shares.

Summary

• On June 11, 2025, William J. Wheeler, a Director of Evercore Inc. (EVR), acquired 527 shares of Class A common stock.
• The acquisition was in the form of restricted stock units (RSUs) with a transaction price of $0, indicating a grant.
• These RSUs are scheduled to be delivered on June 11, 2026, with provisions for accelerated vesting under certain circumstances.
• Following this transaction, Mr. Wheeler's direct beneficial ownership of Evercore Inc. Class A common stock stands at 12,278 shares.

Sentiment

Score: 6

Explanation: Slightly positive, as it indicates continued alignment of a director's interests with the company's performance through equity compensation, which is a standard and healthy practice.

Positives

• The grant of restricted stock units to a director aligns the interests of management with shareholders, as the value of the compensation is tied to the company's stock performance.
• The transaction indicates ongoing compensation and retention of a key board member.

Future Outlook

The restricted stock units granted to Director William J. Wheeler are expected to be delivered on June 11, 2026, which will convert them into shares of Class A common stock, subject to certain vesting conditions.

Management Comments

• The transaction reflects a standard equity grant to a director, aligning their interests with the long-term performance of Evercore Inc.

Industry Context

The granting of restricted stock units to directors is a common practice in the financial services industry and across publicly traded companies as a form of long-term incentive compensation, aiming to retain talent and align executive and board interests with shareholder value creation.

Comparison to Industry Standards

• The use of restricted stock units (RSUs) as a component of director compensation is a widely adopted practice among financial advisory firms and investment banks, such as Lazard Ltd. (LAZ) or Moelis & Company (MC), aligning with industry standards for executive and board remuneration.

Related Party Transactions

• The grant of restricted stock units to William J. Wheeler, a director of Evercore Inc., constitutes a related party transaction as it involves compensation from the company to a member of its board.

Stakeholder Impact

• Shareholders: The grant aligns the director's interests with shareholder value, as the compensation's value is tied to the stock price.
• Employees: No direct impact on general employees is indicated by this specific filing.

Next Steps

• Delivery of the 527 Class A common shares to William J. Wheeler on June 11, 2026, upon vesting of the restricted stock units.

Key Dates

Keywords

Evercore Inc., EVR, Form 4, SEC filing, insider transaction, restricted stock units, RSU, director compensation, beneficial ownership, equity grant