Form 4: Evercore Inc. Director Roger C. Altman Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Roger C. Altman, Founder and Senior Chairman of Evercore Inc., disposed of 15,713 shares of Class A common stock to cover tax obligations related to vesting restricted stock units.
Summary
- On February 4, 2025, Roger C. Altman, Founder and Senior Chairman of Evercore Inc., disposed of 15,713 shares of Class A common stock.
- The transaction was executed to cover tax obligations associated with the vesting of previously granted restricted stock unit awards.
- The shares were disposed of at a price of $285.6625 per share.
- Following the transaction, Altman directly owns 68,233 shares of Evercore Inc. Class A common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/04/2025 | Date of transaction: Disposal of shares for tax obligations. |
| 02/06/2025 | Date of signature on the Form 4 filing. |
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