Everforth executives and directors purchase $1.8 million in company shares
Everforth, Inc. (NYSE: EFOR) announced that its leadership team purchased $1.8 million worth of company shares on the open market, according to a company statement.
Chief Executive Officer Ted Hanson acquired $1.0 million in shares on April 24, 2026, at an average price of $19.24 per share. The purchase marked one of the first trades under the company's new stock ticker EFOR. Other board members and executives purchased an additional $0.8 million in shares on the same day and subsequent trading day.
All eligible directors participated in the share purchases. One director was unable to participate due to a recent transfer of shares to an irrevocable trust, the company stated.
The share purchases occurred after Everforth released its first quarter 2026 financial results on April 22, 2026, and the company's trading blackout period ended on April 24, 2026.
Everforth maintains a $1 billion share repurchase authorization, with $925 million remaining as of April 24, 2026. The technology and digital engineering company has repurchased over 15.5 million shares totaling approximately $1.3 billion over the past five years.
The Richmond, Virginia-based company provides technology services across six solution areas including artificial intelligence and data, cloud infrastructure, application engineering, cybersecurity, and enterprise platforms for commercial and federal clients.
