Everest Group EVP & CEO of Reinsurance Surrenders 496 Shares for Tax Withholding

Executive Transaction Summary: Everest Group, Ltd. (EG)

Overview

On October 5, 2026, Everest Group, Ltd. filed a Form 4 detailing an equity disposition by Jill Beggs, Executive Vice President and CEO of Reinsurance. The transaction took place on October 1, 2026, involving the withholding of 496 common shares at a price of $366.47 per share, representing a total value of approximately $181,769.12.

Nature of the Transaction

The transaction was executed under Transaction Code F, which denotes shares withheld to cover tax withholding obligations. According to Footnote 1, the shares were surrendered to satisfy statutory tax obligations resulting from the vesting of 969 restricted shares originally granted on September 11, 2025. This was not an open-market discretionary sale.

Ownership & Sentiment Impact

• Direct Shares Retained: Following the withholding, Beggs retains direct beneficial ownership of 7,817 common shares.
• Significance: Low. Dispositions of this type are routine administrative events tied directly to equity compensation vesting schedules. They do not reflect personal sentiment or discretionary portfolio repositioning by the insider.