Form 4: Everest Group Executive Vice President James Allan Williamson Reports Changes in Beneficial Ownership
SEC Form 4 Filing
James Allan Williamson, EVP and Chief Operating Officer of Everest Group, reports the disposal of common shares to cover withholding taxes on vested restricted shares.
Summary
- On February 23, 2024, James Allan Williamson, EVP and Chief Operating Officer of Everest Group, disposed of common shares to cover withholding taxes.
- The transactions involved the disposal of 323, 311, and 270 common shares at a price of $370.4688 each.
- These disposals were related to the vesting of restricted shares granted on February 23 of 2021, 2022 and 2023.
- Following these transactions, Williamson beneficially owns 10,845 common shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing share disposals 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 disposal of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the routine nature of the transaction.
Key Dates
| Date | Description |
|---|---|
| 02/23/2021 | Date of grant for 581 restricted shares that vested on 2/23/24. |
| 02/23/2022 | Date of grant for 565 restricted shares that vested on 2/23/24. |
| 02/23/2023 | Date of grant for 492 restricted shares that vested on 2/23/24. |
| 02/23/2024 | Date of transaction (disposal of shares) and vesting of restricted shares. |
| 02/27/2024 | Date of signature for the report. |
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