Everest Group (EG) director receives 92 share retainer grant
Rhea-AI Filing Summary
Everest Group, Ltd. reported a director equity compensation transaction. On 01/02/2026, a non-employee director received 92 common shares as part of the company’s 2003 Non-Employee Director Plan. The shares were valued at $336.76 per share, in lieu of a cash quarterly retainer, meaning the director chose to be paid in stock instead of cash for this period.
Following this grant, the director directly beneficially owned 1,201 common shares of Everest Group. The filing notes that the transaction was completed under Rule 16b-3, which governs certain insider compensation-related transactions.
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FAQ
What insider transaction did Everest Group (EG) report in this Form 4?
The filing shows a non-employee director of Everest Group, Ltd. received 92 common shares on 01/02/2026 as part of equity compensation.
At what price were the Everest Group (EG) shares recorded in the director transaction?
The 92 common shares granted to the director were valued at $336.76 per share for this compensation transaction.
How many Everest Group (EG) shares does the director own after this transaction?
After receiving the 92 common shares, the director directly beneficially owned a total of 1,201 common shares of Everest Group.
Why did the Everest Group (EG) director receive 92 shares instead of cash?
The director elected to receive his quarterly retainer under the 2003 Non-Employee Director Plan in the form of common shares with a fair market value equal to the cash retainer.
What plan governed the reported Everest Group (EG) share grant?
The share grant was made as compensation under Everest Group’s 2003 Non-Employee Director Plan and was described as a transaction completed under Rule 16b-3.
What is the reporting person’s role at Everest Group (EG)?
The reporting person is identified as a director of Everest Group, Ltd., and the transaction relates to his non-employee director compensation.