Form 4: Everest Group Executive Mike Karmilowicz Reports Stock Transaction
SEC Form 4 Filing
EVP Mike Karmilowicz reports disposition of common shares to cover withholding taxes on vested restricted shares.
Summary
- On February 27, 2024, Mike Karmilowicz, EVP, President and CEO of the Insurance Division at Everest Group, Ltd., disposed of 141 common shares to cover withholding taxes.
- The shares were sold at a price of $365.6775 each.
- Following the transaction, Karmilowicz directly owns 9,712 common shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/27/2019 | Date of grant for 359 restricted shares. |
| 02/27/2024 | Date of transaction and vesting of restricted shares. |
| 02/29/2024 | Date of signature on the Form 4 filing. |
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