Form 4: Evercore Inc. Director Roger C. Altman Reports Gift of Partnership Units

Roger C. Altman, Founder and Senior Chairman of Evercore Inc., reported a gift of 51,000 Evercore LP partnership units to the Altman Kazickas Foundation.

Summary

• Roger C. Altman, a Director and Founder and Senior Chairman of Evercore Inc., filed a Form 4 on October 28, 2024.
• The form reports a transaction on October 24, 2024, where Mr. Altman gifted 51,000 partnership units of Evercore LP to the Altman Kazickas Foundation.
• Following the transaction, Mr. Altman directly owns 193,934 partnership units of Evercore LP.
• These partnership units are exchangeable on a one-to-one basis for shares of Evercore Inc. Class A common stock, subject to certain adjustments.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing reporting a gift transaction. It doesn't inherently convey positive or negative sentiment regarding the company's performance or outlook.

Industry Context

Form 4 filings are a routine part of insider transactions and provide transparency into the actions of company executives and directors. This transaction represents a gift of partnership units and does not necessarily reflect a change in the company's financial outlook.

Stakeholder Impact

• The gift of partnership units may have a minor impact on the Altman Kazickas Foundation.

Key Dates