Everest Group (NYSE: EG) CFO uses company shares to cover tax bill
Rhea-AI Filing Summary
Everest Group, Ltd. executive vice president and CFO Mark Kociancic reported share dispositions related to tax withholding on vested equity awards. On February 23, 2026, he disposed of 271, 227, and 200 common shares, each at $341.42 per share, as payment of tax liabilities by delivering securities.
Footnotes explain these common shares were withheld to pay taxes on vested restricted shares granted in 2021, 2022, and 2023. After these tax-withholding dispositions, Kociancic continued to hold over 32,900 Everest Group common shares directly.
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Insights
Routine tax-withholding share dispositions by Everest Group's CFO.
The filing shows Mark Kociancic, EVP & CFO of Everest Group, Ltd., using common shares to satisfy tax obligations tied to vested restricted share awards. Three Form 4 transactions on February 23, 2026 total 698 common shares at $341.42 per share.
Each transaction is coded "F" for a tax-withholding disposition, not an open-market trade, and footnotes link them to restricted shares granted in 2021, 2022, and 2023. These events reflect normal equity compensation mechanics rather than a change in investment sentiment.
Following the transactions, Kociancic's direct ownership remains above 32,900 common shares, so the relative size of the dispositions appears modest. Overall, this looks like routine housekeeping around equity vesting rather than a signal of shifting insider confidence.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares | 271 | $341.42 | $93K |
| Tax Withholding | Common Shares | 227 | $341.42 | $78K |
| Tax Withholding | Common Shares | 200 | $341.42 | $68K |
Footnotes (1)
- Common Shares withheld to pay taxes on 820 vested restricted shares that were granted on 02/23/2021 Common Shares withheld to pay taxes on 703 vested restricted shares that were granted on 02/23/2022 Common Shares withheld to pay taxes on 618 vested restricted shares that were granted on 02/23/2023