Everest Group (EG) director paid quarterly retainer in 92 common shares
Rhea-AI Filing Summary
Everest Group, Ltd. director compensation activity is disclosed for 01/02/2026. A non-employee director acquired 92 Common Shares of Everest Group at a price of $336.76 per share as part of their quarterly board retainer. After this transaction, the director beneficially owns 4,245 Common Shares, held directly.
These shares were paid as compensation under the company’s 2003 Non-Employee Director Plan, in a transaction completed under Rule 16b-3. The reporting person chose to receive the quarterly retainer in stock instead of cash, aligning part of director compensation with the company’s equity performance.
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FAQ
What insider transaction did Everest Group (EG) report in this Form 4?
The filing reports that a non-employee director acquired 92 Common Shares of Everest Group, Ltd. on 01/02/2026 as part of director compensation.
At what price were the Everest Group (EG) shares acquired by the director?
The non-employee director received 92 Common Shares at a price of $336.76 per share as their quarterly retainer.
How many Everest Group (EG) shares does the director own after this transaction?
Following the reported transaction, the director beneficially owns 4,245 Common Shares of Everest Group, Ltd., held directly.
Why did the Everest Group (EG) director receive shares instead of cash?
According to the disclosure, the director elected to receive their quarterly retainer in the form of Common Shares with a fair market value equal to the cash retainer that would otherwise have been paid.
Under which plan was the Everest Group (EG) director share award made?
The 92 Common Shares were paid as compensation under Everest Group’s 2003 Non-Employee Director Plan for non-employee directors.
What regulatory rule applies to this Everest Group (EG) director transaction?
The transaction is described as having been completed under Rule 16b-3, which governs certain insider transactions made under approved compensation plans.