Restricted stock grant boosts Evercore (NYSE: EVR) executive holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lindsey-Clark Matthew reported acquisition or exercise transactions in this Form 4 filing.
Evercore Inc. Co-Head of EMEA Investment Banking Matthew Lindsey-Clark received a grant of 7,638 shares of Class A common stock in the form of restricted stock units. These units vest in four equal annual installments beginning on February 4, 2027, meaning the shares are delivered over time as long-term compensation.
After this award, Lindsey-Clark directly holds a total of 27,847 Evercore Class A shares. Because the grant price is listed as $0.00 per share, this reflects an equity incentive award rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lindsey-Clark Matthew
Role
Co-Head EMEA IB
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Shares of Class A common stock, par value $0.01 per share | 7,638 | $0.00 | -- |
Holdings After Transaction:
Shares of Class A common stock, par value $0.01 per share — 27,847 shares (Direct)
Footnotes (1)
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FAQ
What did Evercore (EVR) disclose about Matthew Lindsey-Clark’s recent equity award?
Evercore reported that Co-Head of EMEA Investment Banking Matthew Lindsey-Clark received 7,638 restricted stock units of Class A common stock. The award is structured as long-term equity compensation rather than a cash bonus or open-market share purchase.
How do Matthew Lindsey-Clark’s new Evercore (EVR) restricted stock units vest?
The 7,638 restricted stock units vest in four equal annual installments starting on February 4, 2027. This means one-quarter of the units convert into shares each year, encouraging longer-term alignment with Evercore’s performance and retention of the executive.
Was Matthew Lindsey-Clark’s Evercore (EVR) equity grant an open-market stock purchase?
No. The filing lists a price of $0.00 per share for the 7,638 units, indicating a grant or award. It is compensation-based restricted stock, not an open-market transaction where the executive paid cash to buy Evercore shares on the market.
What role does Matthew Lindsey-Clark hold at Evercore (EVR) in connection with this award?
Matthew Lindsey-Clark serves as Co-Head of EMEA Investment Banking at Evercore. The restricted stock unit grant reflects equity-based compensation linked to his executive role, aligning part of his pay with the longer-term value of Evercore’s Class A common stock.