Everest Group (EG) EVP Jill Beggs receives 684-share PSU settlement, 350 withheld for taxes
Rhea-AI Filing Summary
EVEREST GROUP, LTD. executive Jill Beggs, EVP and CEO of Reinsurance, reported equity compensation activity involving the company’s common shares. She received a grant/settlement of 684 Common Shares on March 13, 2026, at a reference price of $322.87 per share, tied to performance share units granted in 2023.
On the same date, 350 Common Shares were disposed of to cover withholding taxes related to this PSU settlement, a non-market tax-withholding transaction rather than an open-market sale. After these entries, Beggs directly holds 8,313 Common Shares of Everest Group, reflecting her ongoing equity stake in the company.
Positive
- None.
Negative
- None.
Insights
Routine PSU vesting with tax withholding; net effect is administrative.
The filing shows Jill Beggs receiving 684 Common Shares from the settlement of performance share units granted in 2023, with a reference price of $322.87. This is standard equity compensation rather than a discretionary stock purchase.
She simultaneously disposed of 350 shares to satisfy tax withholding obligations on the PSU settlement, which is a non-market event and not an open-market sale. After these entries, she directly owns 8,313 shares, indicating she retains a meaningful equity position. Overall, this appears to be a routine compensation-related update with neutral investment implications.
FAQ
What did Everest Group (EG) executive Jill Beggs report in this Form 4?
Was the Jill Beggs Everest Group (EG) Form 4 a stock purchase or a grant?
Why were 350 Everest Group (EG) shares disposed of in Jill Beggs’ Form 4?
How many Everest Group (EG) shares does Jill Beggs hold after these transactions?
What is the significance of the $322.87 price in the Everest Group (EG) Form 4?