Form 4: Everest Group EVP 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 239 common shares to cover tax obligations related to vested restricted shares.
Summary
- On March 3, 2025, Gail Van Beveren, EVP and Chief HR Officer of Everest Group, disposed of 239 common shares.
- The shares were disposed of to cover tax obligations related to 482 vested restricted shares granted on February 28, 2024.
- The transaction was executed at a price of $355.225 per share.
- Following the transaction, Van Beveren directly owns 13,043 common shares.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction related to executive compensation and tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. This filing indicates a standard practice of executives covering tax obligations through stock disposal.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares disposed of by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of grant for 482 restricted shares. |
| 03/03/2025 | Date of transaction: disposal of 239 common shares. |
| 03/05/2025 | Date of signature on the Form 4 filing. |
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