Ethos Technologies (LIFE) director adds 55K shares in fund payout
Rhea-AI Filing Summary
Ethos Technologies Inc. (LIFE) director Roelof Botha reported an indirect acquisition of 55,167 shares of Class A Common Stock on 2026-08-21, coded as an "other" transaction related to a pro rata in-kind distribution from investment funds to his estate planning vehicles. Following this restructuring, he indirectly holds 367,427 shares and directly holds 7,592 shares, including shares issuable upon settlement of restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 55,167 shares
Net Buy
2 txns
Insider
BOTHA ROELOF
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock F1 | 55,167 | $0.00 | $0.00 |
| holding | Class A Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 367,427 shares (Indirect, By estate planning vehicles);
Class A Common Stock — 7,592 shares (Direct)
Footnotes (2)
- F1. These shares were received as part of a pro rata in-kind distribution to the partners of investment funds in which the reporting person's estate planning vehicles are partners.
- F2. Includes shares issuable on settlement of restricted stock units.
Key Figures
Shares acquired (indirect): 55,167 shares of Class A Common Stock
Indirect holdings after transaction: 367,427 shares of Class A Common Stock
Direct holdings after transaction: 7,592 shares of Class A Common Stock
+2 more
5 metrics
Shares acquired (indirect)
55,167 shares of Class A Common Stock
Other acquisition or disposition (code J) on 2026-08-21 via in-kind distribution
Indirect holdings after transaction
367,427 shares of Class A Common Stock
Held indirectly by estate planning vehicles following the 2026-08-21 transaction
Direct holdings after transaction
7,592 shares of Class A Common Stock
Direct ownership, including shares issuable on settlement of restricted stock units
Transaction date
2026-08-21
Date of reported other acquisition or disposition and updated holdings
Transaction price per share
$0.00 per share
Reported for the 55,167-share other acquisition or disposition
Key Terms
pro rata in-kind distribution, estate planning vehicles, restricted stock units
3 terms
pro rata in-kind distribution financial
"These shares were received as part of a pro rata in-kind distribution"
estate planning vehicles financial
"the reporting person's estate planning vehicles are partners"
restricted stock units financial
"Includes shares issuable on 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.
FAQ
What insider transaction did LIFE director Roelof Botha report on August 21, 2026?
Roelof Botha reported an indirect acquisition of 55,167 Class A shares of Ethos Technologies Inc. on 2026-08-21, classified as an “other” transaction stemming from a pro rata in-kind distribution from investment funds to his estate planning vehicles.
What does the transaction code J mean in Roelof Botha’s Form 4 for LIFE?
The filing uses transaction code J, described as an “Other acquisition or disposition”. In this case, it reflects shares received via a pro rata in-kind distribution from investment funds to estate planning vehicles associated with Roelof Botha.
Was Roelof Botha’s August 21, 2026 LIFE transaction under a Rule 10b5-1 plan?
The filing indicates the Rule 10b5-1 affirmation box is not checked (aff_10b5_one is false), and the footnotes do not state that the August 21, 2026 transaction was executed under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.