Form 4: Everest Group Executive Mike Karmilowicz Reports Stock Transaction
SEC Form 4 Filing
EVP Mike Karmilowicz reports disposition of 122 common shares to cover withholding taxes on vested restricted shares.
Summary
- Mike Karmilowicz, EVP, Pres/CEO Insurance Division of Everest Group, Ltd., reported a transaction on February 26, 2024.
- 122 common shares were disposed of to cover withholding taxes.
- The price per share was $370.055.
- Following the transaction, Karmilowicz directly owns 9,853 common shares.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine stock transaction related to tax obligations. It doesn't indicate any positive or negative sentiment about the company's performance.
Industry Context
This is a routine Form 4 filing, which is common for executives who have stock-based compensation. It provides transparency into insider transactions.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small number of shares being sold to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/26/2020 | Date restricted shares were granted. |
| 02/26/2024 | Date of transaction and vesting of restricted shares. |
| 02/28/2024 | Date of signature on the report. |
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