Everest Group CFO receives 1,369-share PSU award
Everest Group EVP & CFO Mark Kociancic received a stock-based compensation award that settled in 1,369 Common Shares on settlement of performance share units granted in 2023 at a reference price of $322.87 per share.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Everest Group EVP & CFO Mark Kociancic received a stock-based compensation award that settled in 1,369 Common Shares on settlement of performance share units granted in 2023 at a reference price of $322.87 per share.
To cover withholding taxes on this PSU settlement, 701 Common Shares were disposed of, as indicated in the footnotes, which describe this as a tax-withholding transaction rather than an open-market sale. Following these transactions, Kociancic directly holds 35,095 Common Shares, reflecting his ongoing equity stake in Everest Group.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 1,369 | $322.87 | $442K |
| Exercise Price or Tax Liability | Common Shares | 701 | $322.87 | $226K |
Footnotes (2)
- F1. Settlement in common shares of performance share units (PSU) granted in 2023.
- F2. 701 Common Shares disposed to pay withholding taxes on settlement of PSU's.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Everest Group (EG) EVP & CFO Mark Kociancic report in this Form 4?
Were the Everest Group (EG) transactions on this Form 4 open-market buys or sells?
AI-generated analysis. How Rhea-AI works. Not financial advice.