Everest Group CFO uses shares for tax withholding
Everest Group, Ltd. executive Mark Kociancic, EVP & CFO, reported two tax-related share dispositions involving the company’s Common Shares.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Everest Group, Ltd. executive Mark Kociancic, EVP & CFO, reported two tax-related share dispositions involving the company’s Common Shares. On the reported date, shares were withheld at $338.00 per share to cover taxes on vested restricted share awards granted on 02/28/2024 and 02/26/2025, in amounts of 737 and 1,442 shares, respectively. These are coded as tax-withholding dispositions rather than open-market sales. After these transactions, Kociancic directly holds 34,427 Common Shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Shares | 737 | $338.00 | $249K |
| Exercise Price or Tax Liability | Common Shares | 1,442 | $338.00 | $487K |
Footnotes (2)
- F1. Common Shares withheld to pay taxes on 1,236 vested restricted shares that were granted on 02/28/2024
- F2. Common Shares withheld to pay taxes on 2,419 vested restricted shares that were granted on 02/26/2025
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Everest Group (EG) report for Mark Kociancic?
What prices were used for the Everest Group (EG) tax-withholding transactions?
Do the Everest Group (EG) Form 4 transactions indicate open-market selling by the CFO?
AI-generated analysis. How Rhea-AI works. Not financial advice.