EVEREST GROUP Insider Award: 2,909 Restricted Shares to EVP Beggs
Rhea-AI Filing Summary
Beggs Jill, reported as an officer (EVP and CEO of Reinsurance) of EVEREST GROUP, LTD. (EG), acquired 2,909 common shares on 09/11/2025 at a reported price of $343.83 per share. After this transaction Beggs beneficially owned 7,560 common shares. The filing classifies these as restricted shares awarded under the Company's 2020 Stock Incentive Plan. The Form 4 is signed and dated 09/15/2025 (signature shown as Ricardo Anzaldua). The report was filed by one reporting person and lists Beggs' address as 100 Everest Way, Warren, NJ 07059. The disclosure is limited to this single non-derivative award transaction and contains no earnings, debt, or other corporate-event information.
Positive
- Equity alignment: Reporting executive received 2,909 restricted shares under the 2020 Stock Incentive Plan, aligning management compensation with shareholder value.
- Clear disclosure: Form 4 lists transaction date (09/11/2025), price ($343.83), and resulting beneficial ownership (7,560), fulfilling Section 16 reporting elements.
Negative
- None.
Insights
TL;DR: Routine equity award to a senior executive under the company’s incentive plan; governance disclosure appears complete and timely.
The Form 4 documents a non-derivative grant of 2,909 restricted common shares to Beggs Jill, identified as the EVP and CEO of Reinsurance. The filing notes the shares are from the 2020 Stock Incentive Plan, which implies a compensation-related equity award rather than an open-market purchase or sale. The report includes the post-transaction beneficial ownership of 7,560 shares and provides a transaction price of $343.83 per share. From a governance perspective, the item presents the required basic facts: reporting person, relationship to issuer, transaction date, number of shares, source of the award, and a dated signature. There is no additional context on vesting or grant date beyond the transaction date shown.
TL;DR: Insider received restricted shares; the transaction is disclosure of compensation, not a market signal of buying or selling.
The Form 4 entry shows a restricted-share award of 2,909 common shares at $343.83, resulting in 7,560 shares beneficially owned by the reporting person. Because the filing explicitly states these are restricted shares under the 2020 Stock Incentive Plan, this is a compensation-related issuance rather than an open-market acquisition. The single-line transaction provides precise figures but no information on vesting schedule or total outstanding equity, limiting the ability to assess immediate dilution or materiality relative to company market capitalization. The filing is concise and fulfills Section 16 reporting for this transaction.