[Form 4] Evercore Inc. Insider Trading Activity

Rhea-AI Filing Summary

On 07/31/2025, Evercore Inc. (EVR) founder and Senior Chairman Roger C. Altman reported a gift of 23,400 Evercore LP partnership units to the Altman Kazickas Foundation. Each unit is exchangeable 1-for-1 into Class A common stock, but charitable code “G” means no sale proceeds were received. Altman’s direct derivative holdings decline from an estimated 193,934 to 170,534 units—about a 12 % reduction—while public share count remains unchanged. No non-derivative share transactions, prices, or Rule 10b5-1 plan indications were disclosed. The filing signals philanthropy rather than portfolio rebalancing and has neutral financial impact on Evercore shareholders.

Positive

• None.

Negative

• Insider ownership dilution: Altman’s direct derivative stake falls by ~12 % (23,400 units), marginally reducing alignment with public investors.

Insights

Financial Analyst

TL;DR: Charitable gift of 23,400 units; minimal economic effect on EVR, insider still holds sizable stake.

The Form 4 shows a non-cash, insider-initiated transfer coded “G,” therefore not an open-market sale. Altman’s derivative exposure drops by roughly 12 %, but 170.5 k units remain, preserving alignment with shareholders. Because the units are interchangeable into Class A shares on a 1:1 basis, the move neither alters share count nor signals valuation concerns. Market impact should be negligible; liquidity and earnings per share stay intact.

Corporate Governance Expert

TL;DR: Philanthropic transfer reflects personal estate planning; governance risk unchanged.

Gifts to charitable foundations are common among long-tenured executives. The Altman Kazickas Foundation is a not-for-profit entity, so potential voting influence shifts from the individual to the charity but remains friendly. No red flags such as undisclosed related-party benefits or control changes appear. Overall governance posture and insider ownership structure remain stable.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Altman Roger C

(Last) (First) (Middle)

C/O EVERCORE INC.

55 EAST 52ND STREET

(Street)

NEW YORK NY 10055

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Evercore Inc. [ EVR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Founder and Senior Chairman

3. Date of Earliest Transaction (Month/Day/Year)
07/31/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Partnership units of Evercore LP	(1)	07/31/2025		G(2)			23,400	(1)	(1)	Partnership units of Evercore LP	23,400	(2)	170,534	D

Explanation of Responses:

1. Pursuant to the Amended and Restated Certificate of Incorporation of Evercore Inc., Evercore LP partnership units are, subject to certain restrictions in the Evercore LP partnership agreement, exchangeable on a one-to-one basis for shares of Evercore Inc. Class A common stock, subject to customary conversion rate adjustments for stock splits, stock dividends and reclassifications.

2. Mr. Altman has made a bona fide gift of these Evercore LP partnership units to the Altman Kazickas Foundation, a not-for-profit institution.

	/s/ Jason Klurfeld, as Attorneyin- Fact	08/01/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What did Evercore (EVR) report in the latest Form 4?

Roger C. Altman gifted 23,400 Evercore LP partnership units to a charitable foundation on 07/31/2025.

Did the transaction involve cash or affect EVR’s share count?

No. Code “G” signifies a bona-fide gift, so no cash changed hands and share count is unaffected.

How many derivative units does Altman still own after the gift?

He directly holds 170,534 Evercore LP partnership units post-transaction.

Are Evercore LP units equivalent to Class A shares?

Yes; they are exchangeable 1:1 for Evercore Inc. Class A common stock, subject to customary adjustments.

Does this filing indicate insider selling pressure?

No. The units were donated, not sold, so it does not signal market selling pressure.