[Form 4] EVEREST GROUP, LTD. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Page Alan Darryl reported acquisition or exercise transactions in this Form 4 filing.
Everest Group, Ltd. director Alan Darryl Page received a grant of 96 Common Shares as compensation. The shares were issued under the 2003 Non-Employee Director Plan after he elected to take his quarterly retainer in stock rather than cash at a fair market value of $325.28 per share. Following this award, he directly holds 2,013 Common Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Page Alan Darryl
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 96 | $325.28 | $31K |
Holdings After Transaction:
Common Shares — 2,013 shares (Direct)
Footnotes (1)
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Key Figures
Shares granted: 96 Common Shares
Grant fair market value: $325.28 per share
Total shares after grant: 2,013 Common Shares
3 metrics
Shares granted
96 Common Shares
Director compensation grant elected in lieu of cash retainer
Grant fair market value
$325.28 per share
Value used to match quarterly retainer
Total shares after grant
2,013 Common Shares
Director’s direct holdings following the transaction
Key Terms
2003 Non-Employee Director Plan, Rule 16b-3, quarterly retainer
3 terms
2003 Non-Employee Director Plan financial
"Shares paid as compensation under the 2003 Non-Employee Director Plan to non-employee director"
Rule 16b-3 regulatory
"transaction completed under Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
quarterly retainer financial
"elected to receive his quarterly retainer in the form of Common Shares"