Ethos Technologies (LIFE) CFO share sale driven by taxes
Rhea-AI Filing Summary
Ethos Technologies Inc. (LIFE) reported that its Chief Financial Officer, Christopher M. Capozzi, had Class A common stock sold on his behalf on August 17, 2026, totaling 26,184 shares. The shares were sold solely to satisfy tax withholding obligations from vesting restricted stock units under a mandated "sell to cover" mechanism, and are described as non-discretionary transactions over which he had no control regarding timing, price, or amount.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 26,184 shares
Net Sell
2 txns
Insider
Capozzi Christopher M.
Role
Chief Financial Officer
Sold
26,184 shs ($894K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2, F3 | 15,197 | $33.92 | $515K |
| Sale | Class A Common Stock F1, F4, F3 | 10,987 | $34.44 | $378K |
Holdings After Transaction:
Class A Common Stock — 639,044 shares (Direct)
Footnotes (4)
- F1. The shares reported were sold solely to satisfy tax withholding obligations arising from the vesting and settlement of restricted stock units. The sale is mandated under the Issuer's equity incentive plan to fund tax withholding through a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person, who exercised no control over the timing, price, or amount of shares sold.
- F2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.33 to $34.325 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3. Includes shares issuable on settlement of RSUs.
- F4. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.33 to $34.84 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Shares sold (first transaction): 15,197 shares of Class A Common Stock
Shares sold (second transaction): 10,987 shares of Class A Common Stock
Total shares sold: 26,184 shares of Class A Common Stock
+2 more
5 metrics
Shares sold (first transaction)
15,197 shares of Class A Common Stock
Sale on August 17, 2026 to satisfy tax withholding; weighted average price $33.92
Shares sold (second transaction)
10,987 shares of Class A Common Stock
Sale on August 17, 2026 to satisfy tax withholding; weighted average price $34.44
Total shares sold
26,184 shares of Class A Common Stock
Aggregate of two non-discretionary sell-to-cover transactions on August 17, 2026
Price range (first transaction)
$33.33 to $34.325 per share
Multiple trades underlying the $33.92 weighted average price
Price range (second transaction)
$34.33 to $34.84 per share
Multiple trades underlying the $34.44 weighted average price
Key Terms
sell to cover, weighted average price, restricted stock units, equity incentive plan
4 terms
sell to cover financial
"mandated under the Issuer's equity incentive plan to fund tax withholding through a "sell to cover" transaction"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
weighted average price financial
"The price reported is a weighted average price. These shares were sold in multiple transactions"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
restricted stock units financial
"tax withholding obligations arising from the vesting and settlement of restricted stock units"
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.
equity incentive plan financial
"mandated under the Issuer's equity incentive plan to fund tax withholding"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
FAQ
What insider transaction did LIFE (Ethos Technologies Inc.) report for its CFO?
Ethos Technologies Inc. reported that CFO Christopher M. Capozzi had 26,184 Class A shares sold on August 17, 2026. The sales were solely to cover tax withholding from vesting restricted stock units under a mandatory "sell to cover" arrangement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
