EVEREST GROUP, LTD.·4

Mar 17, 4:23 PM ET

Beggs Jill 4

Research Summary

AI-generated summary

Updated

Everest Group (EG) EVP Jill Beggs Receives 684-Share PSU Award

What Happened

  • Jill Beggs, EVP and CEO of Reinsurance at Everest Group (EG), had 684 common shares issued on 2026-03-13 as settlement of performance share units (PSUs) (code A) at $322.87 per share (total value $220,843).
  • Simultaneously, 350 shares were withheld to satisfy tax withholding obligations (code F) at the same per-share price, representing ~$113,005 in tax withholding. Net shares delivered to Beggs = 684 − 350 = 334 shares.
  • This was an award/settlement of previously granted PSUs, not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-03-13; Filing date: 2026-03-17 (timely filed within SEC reporting window).
  • Prices: $322.87 per share for both the award settlement and the shares withheld for taxes.
  • Net shares received: 334 (684 granted − 350 withheld). Total shares owned after the transaction are not disclosed in the filing.
  • Footnotes: F1 — settlement in common shares of PSUs granted in 2023; F2 — 350 shares disposed to pay withholding taxes on settlement of PSUs.
  • Transaction codes: A = award/grant (acquisition); F = tax withholding (disposition for taxes).

Context

  • PSUs are performance-based equity awards that convert into shares when vesting conditions are met; withholding of shares to cover taxes is routine and does not reflect an open-market sale decision.
  • Because this is a settlement of previously granted compensation, it is more of a compensation event than a market-timing trade; no 10b5-1 plan or late filing was indicated.