Form 4: Everest Group EVP Gail Van Beveren Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Gail Van Beveren, EVP and Chief HR Officer of Everest Group, disposed of 108 common shares to cover tax obligations related to vested restricted shares.
Summary
- On February 26, 2025, Gail Van Beveren, EVP and Chief HR Officer of Everest Group, disposed of 108 common shares.
- The shares were disposed of to cover tax obligations related to 223 vested restricted shares granted on February 26, 2020.
- The transaction was executed at a price of $344.475 per share.
- Following the transaction, Van Beveren directly owns 13,282 common shares.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so it has a neutral sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. This transaction is related to tax obligations arising from vested restricted stock, a common practice.
Key Dates
| Date | Description |
|---|---|
| 02/26/2020 | Date of grant for 223 restricted shares that vested. |
| 02/26/2025 | Date of transaction: disposal of 108 common shares to cover tax obligations. |
| 02/28/2025 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.