Everest Group (EG) CEO reports tax-withholding share dispositions on awards
Rhea-AI Filing Summary
Everest Group, Ltd. President and CEO James Allan Williamson reported three tax-withholding dispositions of common shares on February 23, 2026. A total of 301, 293 and 255 shares were withheld at $341.42 per share to cover taxes on vested restricted share awards granted in 2021, 2022 and 2023. After these transactions, he continued to hold over 24,000 common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 849 shares
Net Sell
3 txns
Insider
WILLIAMSON JAMES ALLAN
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Shares | 301 | $341.42 | $103K |
| Exercise Price or Tax Liability | Common Shares | 293 | $341.42 | $100K |
| Exercise Price or Tax Liability | Common Shares | 255 | $341.42 | $87K |
Holdings After Transaction:
Common Shares — 24,123 shares (Direct)
Footnotes (3)
- F1. Common Shares withheld to pay taxes on 581 vested restricted shares that were granted on 02/23/2021
- F2. Common Shares withheld to pay taxes on 565 vested restricted shares that were granted on 02/23/2022
- F3. Common Shares withheld to pay taxes on 492 vested restricted shares that were granted on 02/23/2023
FAQ
What did Everest Group (EG) disclose in this Form 4 filing?
Everest Group (EG) disclosed that its President and CEO, James Allan Williamson, had common shares withheld on February 23, 2026 to cover tax obligations arising from the vesting of previously granted restricted share awards, rather than executing open-market sales.
Which Everest Group (EG) executive is involved in this Form 4 transaction?
The transactions involve James Allan Williamson, President and CEO of Everest Group (EG). The filing reports company share withholdings from his equity awards to cover tax liabilities when restricted shares granted in prior years vested on February 23, 2026.
Were the Everest Group (EG) Form 4 transactions open-market sales?
No, the Form 4 describes the transactions as tax-withholding dispositions, not open-market sales. Shares of Everest Group (EG) common stock were withheld upon vesting of restricted awards to pay related taxes, consistent with the description in the filing’s transaction code and footnotes.
What do the footnotes in the Everest Group (EG) Form 4 explain?
The footnotes explain that the withheld Everest Group (EG) common shares covered taxes on vested restricted shares granted on 02/23/2021, 02/23/2022 and 02/23/2023. This clarifies that the dispositions are administrative tax events tied to equity compensation vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.