Ethos Technologies (LIFE) insider sells over 140K shares
Rhea-AI Filing Summary
Ethos Technologies Inc. (LIFE) insider entities associated with SC US (TTGP), Ltd. and SC US SSF 2013 (TTGP), L.L.C. reported conversions and sales of stock. On August 19–20, 2026, Nalrena, L.L.C. and Spelunker Channel Holdings, LLC converted a total of 142,616 shares of Class B Common Stock into Class A Common Stock on a one-for-one basis and sold 142,616 Class A shares in multiple transactions at weighted average prices of $32.8215, $32.5220, $33.3745 and $34.0517 per share. The reporting persons also list significant remaining indirect holdings of Class B shares convertible into Class A held by various Sequoia Capital U.S. venture and growth funds, while disclaiming beneficial ownership beyond their pecuniary interests.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
21 txns
Insider
SC US (TTGP), LTD., SC US SSF 2013 (TTGP), L.L.C., SC U.S. SCOUT SEED FUND 2013 MANAGEMENT, L.P., SEQUOIA CAPITAL U.S. SCOUT SEED FUND 2013, L.P., Sequoia Capital U.S. Scout IV, L.L.C, Nalrena, LLC, Spelunker Channel Holdings, LLC
Role
10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner
Sold
142,616 shs ($4.71M)
Approx. gross sale proceeds
$4.71M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock F1, F2, F3 | 59,897 | $0.00 | $0.00 |
| Conversion | Class B Common Stock F1, F2, F3 | 47,898 | $0.00 | $0.00 |
| Conversion | Class A Common Stock F1, F2, F3 | 59,897 | $0.00 | $0.00 |
| Conversion | Class A Common Stock F1, F2, F3 | 47,898 | $0.00 | $0.00 |
| Sale | Class A Common Stock F5, F2, F3 | 19,924 | $32.522 | $648K |
| Sale | Class A Common Stock F5, F2, F3 | 15,933 | $32.522 | $518K |
| Sale | Class A Common Stock F6, F2, F3 | 37,250 | $33.3745 | $1.24M |
| Sale | Class A Common Stock F6, F2, F3 | 29,788 | $33.3745 | $994K |
| Sale | Class A Common Stock F7, F2, F3 | 2,723 | $34.0517 | $93K |
| Sale | Class A Common Stock F7, F2, F3 | 2,177 | $34.0517 | $74K |
| Conversion | Class B Common Stock F1, F2, F3 | 19,349 | $0.00 | $0.00 |
| Conversion | Class B Common Stock F1, F2, F3 | 15,472 | $0.00 | $0.00 |
| Conversion | Class A Common Stock F1, F2, F3 | 19,349 | $0.00 | $0.00 |
| Conversion | Class A Common Stock F1, F2, F3 | 15,472 | $0.00 | $0.00 |
| Sale | Class A Common Stock F4, F2, F3 | 19,349 | $32.8215 | $635K |
| Sale | Class A Common Stock F4, F2, F3 | 15,472 | $32.8215 | $508K |
| holding | Class B Common Stock F1, F8, F9 | -- | -- | -- |
| holding | Class B Common Stock F1, F8, F9 | -- | -- | -- |
| holding | Class B Common Stock F1, F8, F9 | -- | -- | -- |
| holding | Class B Common Stock F1, F8, F9 | -- | -- | -- |
| holding | Class B Common Stock F1, F8, F9 | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 0 shares (Indirect, Spelunker Channel Holdings, LLC);
Class B Common Stock — 0 shares (Indirect, Nalrena, L.L.C.);
Class A Common Stock — 0 shares (Indirect, Spelunker Channel Holdings, LLC);
Class A Common Stock — 0 shares (Indirect, Nalrena, L.L.C.);
Class B Common Stock — 6,823,189 shares (Indirect, Sequoia Capital U.S. Venture Fund XV, L.P.);
Class B Common Stock — 287,297 shares (Indirect, Sequoia Capital U.S. Venture Partners Fund XV (Q), L.P.);
Class B Common Stock — 103,310 shares (Indirect, Sequoia Capital U.S. Venture Partners Fund XV, L.P.);
Class B Common Stock — 1,052,540 shares (Indirect, Sequoia Capital U.S. Venture XV Principals Fund, L.P.);
Class B Common Stock — 1,812,546 shares (Indirect, Sequoia Capital U.S. Growth Fund VIII, L.P.)
Footnotes (9)
- F1. The Issuer's Class B Common Stock is convertible into the Issuer's Class A Common Stock on a one-for-one basis at the option of the holder thereof and has no expiration date.
- F2. SC US SSF 2013 (TTGP), L.L.C. is the general partner of SC U.S. Scout Seed Fund 2013 Management, L.P., which is the general partner of Sequoia Capital U.S. Scout Seed Fund 2013, L.P., which wholly owns Sequoia Capital U.S. Scout Fund IV, L.L.C., which in turn wholly owns Nalrena, L.L.C. and Spelunker Channel Holdings, LLC (collectively, the Scout Funds). As a result, SC US SSF 2013 (TTGP), L.L.C., SC U.S. Scout Seed Fund 2013 Management, L.P., Sequoia Capital U.S. Scout Seed Fund 2013, L.P., and Sequoia Capital U.S. Scout Fund IV, L.L.C. may be deemed to share voting and dispositive power with respect to the shares held by the Scout Funds.
- F3. [continued from Footnote 2] Each of SC US SSF 2013 (TTGP), L.L.C., SC U.S. Scout Seed Fund 2013 Management, L.P., Sequoia Capital U.S. Scout Seed Fund 2013, L.P., and Sequoia Capital U.S. Scout Fund IV, L.L.C. disclaims beneficial ownership of the securities held by the Scout Funds except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.2472 to $33.0547, 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 ranges set forth in footnotes (4), (5), (6) and (7) to this Form 4.
- F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.8450 to $32.8350, inclusive.
- F6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.8450 to $33.8400, inclusive.
- F7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.8750 to $34.1961, inclusive.
- F8. SC US (TTGP), Ltd. is (i) the general partner of SC U.S. Growth VIII Management, L.P., which is the general partner of Sequoia Capital U.S. Growth Fund VIII, L.P. (GFVIII), and (ii) the general partner of SC U.S. Venture XV Management, L.P., which is the general partner of Sequoia Capital U.S. Venture Fund XV, L.P., Sequoia Capital U.S. Venture Partners Fund XV (Q), L.P., Sequoia Capital U.S. Venture Partners Fund XV, L.P., and Sequoia Capital U.S. Venture XV Principals Fund, L.P. (collectively, the XV Funds).
- F9. [continued from Footnote 8] As a result, SC US (TTGP), Ltd. may be deemed to share voting and dispositive power with respect to the shares held by GFVIII and the XV Funds. Each of SC US (TTGP), Ltd., SC U.S. Growth VIII Management, L.P. and SC U.S. Venture XV Management, L.P. disclaims beneficial ownership of the shares held by GFVIII and the XV Funds, as applicable, except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
Key Figures
Total Class A shares sold: 142,616 shares
Class B to Class A conversions: 142,616 shares
Weighted average sale price 19 Aug 2026: $32.8215 per share
+5 more
8 metrics
Total Class A shares sold
142,616 shares
Aggregate net sell shares reported in transactionSummary for August 19–20, 2026
Class B to Class A conversions
142,616 shares
Total Class B Common Stock converted into Class A Common Stock (exerciseShares)
Weighted average sale price 19 Aug 2026
$32.8215 per share
Sales of Class A Common Stock by Nalrena, L.L.C. and Spelunker Channel Holdings, LLC
Weighted average sale price tranche
$32.5220 per share
Sales of Class A Common Stock on August 20, 2026 (footnote F5 range qualified)
Weighted average sale price tranche
$33.3745 per share
Sales of Class A Common Stock on August 20, 2026 (footnote F6 range qualified)
Weighted average sale price tranche
$34.0517 per share
Sales of Class A Common Stock on August 20, 2026 (footnote F7 range qualified)
Indirect derivative holding (largest fund)
6,823,189 underlying Class A shares
Class B Common Stock held indirectly by Sequoia Capital U.S. Venture Fund XV, L.P.
Additional indirect derivative holding
1,812,546 underlying Class A shares
Class B Common Stock held indirectly by Sequoia Capital U.S. Growth Fund VIII, L.P.
Key Terms
Class B Common Stock, weighted average price, beneficial ownership, pecuniary interest, +1 more
5 terms
Class B Common Stock financial
"The Issuer's Class B Common Stock is convertible into the Issuer's Class A Common Stock"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
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.
beneficial ownership financial
"disclaims beneficial ownership of the securities held by the Scout Funds"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of its pecuniary interest therein"
voting and dispositive power financial
"may be deemed to share voting and dispositive power with respect to the shares"
FAQ
What did the insiders report in this Form 4 for Ethos Technologies Inc. (LIFE)?
They reported that entities Nalrena, L.L.C. and Spelunker Channel Holdings, LLC converted 142,616 Class B shares into Class A and sold 142,616 Class A Common Stock on August 19–20, 2026, in a series of market or private transactions.
What conversions between Class B and Class A stock occurred for LIFE?
Nalrena, L.L.C. and Spelunker Channel Holdings, LLC converted an aggregate 142,616 shares of Class B Common Stock into Class A Common Stock on a one-for-one basis. The Class B shares have no expiration date and are convertible at the option of the holder.
Were the LIFE insider transactions under a Rule 10b5-1 trading plan?
The Rule 10b5-1 checkbox is not marked as affirmative; the Form 4 indicates aff_10b5_one: false, and the footnotes do not state that these transactions were executed pursuant to a Rule 10b5-1 trading plan.
Who are the reporting persons in this Ethos Technologies (LIFE) Form 4?
Reporting persons include SC US (TTGP), Ltd., SC US SSF 2013 (TTGP), L.L.C., related management and fund entities, and Sequoia Capital U.S. Scout and venture funds. They report indirect ownership through entities such as Nalrena, L.L.C. and Spelunker Channel Holdings, LLC and disclaim full beneficial ownership except for pecuniary interests.
AI-generated analysis. How Rhea-AI works. Not financial advice.
