Form 4: Everest Group SVP Robert Freiling Reports Stock Transaction
SEC Form 4 Filing
Robert Freiling, SVP & Chief Accounting Officer of Everest Group, reports the disposition of 62 common shares to cover withholding taxes on vested restricted shares.
Summary
- On February 27, 2024, Robert J Freiling, SVP & Chief Accounting Officer of Everest Group, disposed of 62 common shares.
- The shares were disposed of to cover withholding taxes on 224 restricted shares that vested on the same date.
- The transaction was executed at a price of $365.6775 per share.
- Following the transaction, Freiling directly owns 5,075 common shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a standard transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard transaction to cover tax obligations related to vested equity.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it is a routine transaction related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/27/2019 | Date of grant for 224 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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