Form 4: Everest Group EVP & CFO Mark Kociancic Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Mark Kociancic, EVP & CFO of Everest Group, reports the acquisition and disposal of common shares related to the settlement of performance share units and payment of withholding taxes.
Summary
- On March 18, 2025, Mark Kociancic, EVP & CFO of Everest Group, engaged in transactions involving the company's common shares.
- He acquired 1,620 common shares at a price of $362.7 per share due to the settlement of performance share units (PSUs) granted in 2022.
- Additionally, he disposed of 829 common shares at $362.7 per share to cover withholding taxes associated with the PSU settlement.
- Following these transactions, Kociancic beneficially owns 35,762 common shares.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing changes in beneficial ownership, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they relate to executive compensation and do not significantly alter the company's financial position.
Key Dates
| Date | Description |
|---|---|
| 03/18/2025 | Date of transaction: Acquisition and disposal of common shares. |
| 03/19/2025 | Date of signature on the report. |
Keywords
Form 4, Beneficial Ownership, Everest Group, EG, Mark Kociancic, EVP & CFO, Common Shares, PSU, Performance Share Units, Withholding Taxes
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