Evercore (EVR) director receives 364-share restricted stock grant, now holds 40,151
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Evercore Inc. director Harris Gail Block received an equity grant of 364 shares of Class A common stock. The shares were acquired as a grant or award at a stated price of $0.00 per share, increasing Block’s direct holdings to 40,151 shares after the transaction.
According to the footnote, these restricted stock units are scheduled to be delivered on June 10, 2027, with the potential for accelerated vesting in certain circumstances. This filing reflects routine, compensation-related equity awards rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Harris Gail Block
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Shares of Class A common stock, par value $0.01 per share | 364 | $0.00 | -- |
Holdings After Transaction:
Shares of Class A common stock, par value $0.01 per share — 40,151 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Equity grant size: 364 shares
Price per share: $0.00 per share
Shares held after: 40,151 shares
+1 more
4 metrics
Equity grant size
364 shares
Restricted stock unit award on June 10, 2026
Price per share
$0.00 per share
Stated grant price for awarded shares
Shares held after
40,151 shares
Total Class A common stock directly owned after grant
RSU delivery date
June 10, 2027
Scheduled delivery date for restricted stock units
Key Terms
restricted stock units, Grant, award, or other acquisition, Class A common stock
3 terms
restricted stock units financial
"These restricted stock units will be delivered on June 10, 2027, subject to accelerated vesting in certain circumstances."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Class A common stock financial
"Shares of Class A common stock, par value $0.01 per share"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What did Evercore (EVR) director Harris Gail Block report in this Form 4?
Harris Gail Block reported receiving an equity grant of 364 shares of Evercore Class A common stock. The award was recorded at a price of $0.00 per share and is part of routine director compensation rather than an open-market stock purchase.
What type of equity award did Evercore (EVR) grant to Harris Gail Block?
Evercore granted restricted stock units representing 364 shares of Class A common stock to Harris Gail Block. These units are a form of stock-based compensation that convert into actual shares upon delivery, rather than an immediate cash transaction or open-market trade.
When will the restricted stock units granted to Evercore (EVR) director Harris Gail Block be delivered?
The restricted stock units are scheduled to be delivered on June 10, 2027. The footnote also notes they are subject to accelerated vesting in certain circumstances, which could cause delivery earlier than the stated date if those conditions are met.
Was the Evercore (EVR) equity grant to Harris Gail Block an open-market purchase or sale?
No, the transaction was reported as a grant, award, or other acquisition coded as “A,” not an open-market trade. The shares were awarded at a price of $0.00 per share as part of compensation, rather than bought or sold on the open market.