Everest Group EVP Jason Keen Disposes Shares for Tax Withholding
EVEREST GROUP, LTD.
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Filing Summary
Form 4 Alert: EVEREST GROUP, LTD. ($EG) Insider: Keen Jason (EVP & CEO of GW & S Division) Type: Tax Withholding (Code F) Shares Transacted: 456 @ $366.47 (~$167,110) Remaining Direct Holdings: 7,714 shares Significance: Low (Mandatory tax withholding on vesting restricted shares)
Comprehensive Analysis
Insider Filing Analysis: EVEREST GROUP, LTD. ($EG)
Executive Summary
On October 1, 2026, Jason Keen, EVP & CEO of GW & S Division at Everest Group, Ltd. (NYSE: EG), disposed of 456 common shares at a price of $366.47 per share, representing a total value of approximately $167,110.32. Following the transaction, Mr. Keen directly retains 7,714 common shares.
Transaction Details
- Nature of Disposition: The transaction was coded as F (Payment of exercise price or tax liability by delivering or withholding securities).
- Footnote Context: As disclosed in footnote 1, these common shares were withheld by the issuer to cover statutory tax liabilities associated with the vesting of 969 restricted shares originally granted on September 11, 2025.
- Direct Ownership: The remaining balance stands at 7,714 common shares held directly.
Trading & Market Significance
This transaction carries Low market significance. Transactions designated under Code 'F' are routine, non-discretionary tax withholding events automatically executed pursuant to equity compensation plan terms upon vesting. They do not represent open-market selling or a shift in the executive's sentiment regarding company prospects.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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