Form 4: Everest Group Director Joseph V. Taranto Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Joseph V. Taranto reports a transaction involving common shares of Everest Group, Ltd. to cover withholding taxes on vested restricted shares.
Summary
- On February 23, 2024, Joseph V. Taranto, a director of Everest Group, Ltd., had a transaction involving common shares.
- 84 common shares were disposed of at a price of $370.4688 to cover withholding taxes on restricted shares that vested on the same date.
- Following the transaction, Mr. Taranto directly owns 292,317 common shares.
- Mr. Taranto also indirectly owns 19,330 shares through family-related trusts and investments.
Sentiment
Score: 7
Explanation: The sentiment is neutral as it reports a routine transaction related to tax obligations on vested shares. It's a standard procedure and doesn't indicate any significant positive or negative outlook for the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their transactions in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 02/23/2023 | Date restricted shares were granted. |
| 02/23/2024 | Date of transaction and vesting of restricted shares. |
| 02/27/2024 | Date of signature on the report. |
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