Everest Group EVP gets 684-share PSU settlement
EVEREST GROUP, LTD. executive Jill Beggs, EVP and CEO of Reinsurance, reported equity compensation activity involving the company’s common shares.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 684 | $322.87 | $221K |
| Exercise Price or Tax Liability | Common Shares | 350 | $322.87 | $113K |
Footnotes (2)
- F1. Settlement in common shares of performance share units (PSU) granted in 2023.
- F2. 350 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) executive Jill Beggs report in this Form 4?
Was the Jill Beggs Everest Group (EG) Form 4 a stock purchase or a grant?
What is the significance of the $322.87 price in the Everest Group (EG) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.