Ethos Technologies (LIFE) Sequoia funds reallocate 1.8M shares

Rhea-AI Filing Summary

Ethos Technologies Inc. (LIFE) reports that entities affiliated with Sequoia Capital converted 1,778,626 shares of Class B Common Stock into an equal number of Class A Common Stock on August 21, 2026, at $0.00 per share. The same number of Class A shares were then disposed of in pro rata in-kind distributions to the Sequoia funds’ partners for no consideration, reflecting internal reallocations rather than market purchases or sales. All positions are held indirectly through the Sequoia investment funds, and SC US (TTGP), Ltd. and related managers disclaim beneficial ownership beyond their pecuniary interests.

Insider Trade Summary

1,778,626 shares exercised/converted

Exercise 15 txns

Insider SC US (TTGP), LTD., SC U.S. Venture XV Management, L.P., 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., SEQUOIA CAPITAL U.S. VENTURE XV PRINCIPALS FUND, L.P., SC U.S. Growth VIII Management, L.P., Sequoia Capital U.S. Growth Fund VIII, L.P.

Role 10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner

Type	Security	Shares	Price	Value
Conversion	Class B Common Stock F1, F3, F4	1,204,092	$0.00	$0.00
Conversion	Class B Common Stock F1, F3, F4	50,699	$0.00	$0.00
Conversion	Class B Common Stock F1, F3, F4	18,231	$0.00	$0.00
Conversion	Class B Common Stock F1, F3, F4	185,742	$0.00	$0.00
Conversion	Class B Common Stock F1, F3, F4	319,862	$0.00	$0.00
Conversion	Class A Common Stock F1, F3, F4	1,204,092	$0.00	$0.00
Conversion	Class A Common Stock F1, F3, F4	50,699	$0.00	$0.00
Conversion	Class A Common Stock F1, F3, F4	18,231	$0.00	$0.00
Conversion	Class A Common Stock F1, F3, F4	185,742	$0.00	$0.00
Conversion	Class A Common Stock F1, F3, F4	319,862	$0.00	$0.00
Other	Class A Common Stock F2, F3, F4	1,204,092	$0.00	$0.00
Other	Class A Common Stock F2, F3, F4	50,699	$0.00	$0.00
Other	Class A Common Stock F2, F3, F4	18,231	$0.00	$0.00
Other	Class A Common Stock F2, F3, F4	185,742	$0.00	$0.00
Other	Class A Common Stock F2, F3, F4	319,862	$0.00	$0.00

Holdings After Transaction: Class B Common Stock — 5,619,097 shares (Indirect, Sequoia Capital U.S. Venture Fund XV, L.P.); Class B Common Stock — 236,598 shares (Indirect, Sequoia Capital U.S. Venture Partners Fund XV (Q), L.P.); Class B Common Stock — 85,079 shares (Indirect, Sequoia Capital U.S. Venture Partners Fund XV, L.P.); Class B Common Stock — 866,798 shares (Indirect, Sequoia Capital U.S. Venture XV Principals Fund, L.P.); Class B Common Stock — 1,492,684 shares (Indirect, Sequoia Capital U.S. Growth Fund VIII, L.P.); Class A Common Stock — 0 shares (Indirect, Sequoia Capital U.S. Venture Fund XV, L.P.); Class A Common Stock — 0 shares (Indirect, Sequoia Capital U.S. Venture Partners Fund XV (Q), L.P.); Class A Common Stock — 0 shares (Indirect, Sequoia Capital U.S. Venture Partners Fund XV, L.P.); Class A Common Stock — 0 shares (Indirect, Sequoia Capital U.S. Venture XV Principals Fund, L.P.); Class A Common Stock — 0 shares (Indirect, Sequoia Capital U.S. Growth Fund VIII, L.P.)

Footnotes (4)

1. 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.
2. F2. Represents a pro rata in-kind distribution of shares of Class A Common Stock of the Issuer to partners or members for no consideration and includes subsequent pro rata in-kind distributions by general partners or managing members to their respective partners or members for no consideration.
3. F3. 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).
4. F4. [continued from Footnote 3] 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

Class B shares converted: 1,778,626 shares Shares in restructuring distributions: 1,778,626 shares Conversion price per share: $0.00 per share +2 more

5 metrics

Class B shares converted 1,778,626 shares Aggregate Class B Common Stock converted into Class A on August 21, 2026, from transaction summary exerciseShares

Shares in restructuring distributions 1,778,626 shares Aggregate Class A shares involved in pro rata in-kind distributions classified as restructuringShares

Conversion price per share $0.00 per share Reported for all Class A and Class B transactions with code C on August 21, 2026

Shares following transaction (Sequoia Capital U.S. Venture Fund XV, L.P.) 5,619,097 shares Class B Common Stock reported as indirectly held after conversion

Shares following transaction (Sequoia Capital U.S. Growth Fund VIII, L.P.) 1,492,684 shares Class B Common Stock reported as indirectly held after conversion

Key Terms

pro rata in-kind distribution, pecuniary interest, dispositive power, Class B Common Stock, +1 more

5 terms

pro rata in-kind distribution financial

"Represents a pro rata in-kind distribution of shares of Class A Common Stock"

pecuniary interest financial

"disclaims beneficial ownership of the shares ... except to the extent of its pecuniary interest"

dispositive power financial

"may be deemed to share voting and dispositive power with respect to the shares"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

Class B Common Stock financial

"The Issuer's Class B Common Stock is convertible into the Issuer's Class A"

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.

beneficial ownership regulatory

"disclaims beneficial ownership of the shares held by GFVIII and the XV 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.

FAQ

What insider activity did LIFE (Ethos Technologies Inc.) disclose in this Form 4?

Affiliated Sequoia Capital funds converted 1,778,626 Class B shares of Ethos Technologies Inc. (LIFE) into 1,778,626 Class A shares on August 21, 2026, and then made matching pro rata in-kind distributions of those Class A shares to their partners for no consideration.

Did the Sequoia-related entities buy or sell LIFE shares in the market?

No market purchases or sales are reported. The filing shows conversions of Class B into Class A at $0.00 per share and subsequent pro rata in-kind distributions of Class A shares to partners for no consideration, which are internal reallocations rather than open-market trades.

How many LIFE shares were involved in the Sequoia entities’ conversions and distributions?

The Sequoia-affiliated funds converted and then distributed an aggregate of 1,778,626 shares, according to the transaction summary. These were Class B shares converted into an equal number of Class A shares, followed by pro rata in-kind distributions of the same total amount.

What is the relationship between Class B and Class A shares of LIFE mentioned here?

The filing states that LIFE’s Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder and has no expiration date. The reported transactions use this one-for-one conversion feature.

Who are the reporting persons in this LIFE Form 4 and how do they hold the shares?

The reporting persons are SC US (TTGP), Ltd., its management entities, and several Sequoia Capital U.S. venture and growth funds. The shares are held indirectly through these funds, and the managers disclaim beneficial ownership except to the extent of their pecuniary interests.

Were the LIFE share distributions by Sequoia entities made for cash consideration?

No. A footnote explains the transactions as pro rata in-kind distributions of Class A Common Stock to partners or members for no consideration, including subsequent in-kind distributions by general partners or managing members to their own partners or members.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/25/2026 - 04:31 PM Accepted by SEC EDGAR 08/25/2026 - 04:30 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

SC US (TTGP), LTD.

(Last) (First) (Middle)

2800 SAND HILL ROAD SUITE 101

(Street)

MENLO PARK CALIFORNIA 94025

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Ethos Technologies Inc. [ LIFE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	08/21/2026		C(1)		1,204,092	A	$0	1,204,092	I	Sequoia Capital U.S. Venture Fund XV, L.P.(3)(4)
Class A Common Stock	08/21/2026		C(1)		50,699	A	$0	50,699	I	Sequoia Capital U.S. Venture Partners Fund XV (Q), L.P.(3)(4)
Class A Common Stock	08/21/2026		C(1)		18,231	A	$0	18,231	I	Sequoia Capital U.S. Venture Partners Fund XV, L.P.(3)(4)
Class A Common Stock	08/21/2026		C(1)		185,742	A	$0	185,742	I	Sequoia Capital U.S. Venture XV Principals Fund, L.P.(3)(4)
Class A Common Stock	08/21/2026		C(1)		319,862	A	$0	319,862	I	Sequoia Capital U.S. Growth Fund VIII, L.P.(3)(4)
Class A Common Stock	08/21/2026		J(2)		1,204,092	D	$0	0	I	Sequoia Capital U.S. Venture Fund XV, L.P.(3)(4)
Class A Common Stock	08/21/2026		J(2)		50,699	D	$0	0	I	Sequoia Capital U.S. Venture Partners Fund XV (Q), L.P.(3)(4)
Class A Common Stock	08/21/2026		J(2)		18,231	D	$0	0	I	Sequoia Capital U.S. Venture Partners Fund XV, L.P.(3)(4)
Class A Common Stock	08/21/2026		J(2)		185,742	D	$0	0	I	Sequoia Capital U.S. Venture XV Principals Fund, L.P.(3)(4)
Class A Common Stock	08/21/2026		J(2)		319,862	D	$0	0	I	Sequoia Capital U.S. Growth Fund VIII, L.P.(3)(4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class B Common Stock	(1)	08/21/2026		C(1)			1,204,092	(1)	(1)	Class A Common Stock	1,204,092	$0	5,619,097	I	Sequoia Capital U.S. Venture Fund XV, L.P.(3)(4)
Class B Common Stock	(1)	08/21/2026		C(1)			50,699	(1)	(1)	Class A Common Stock	50,699	$0	236,598	I	Sequoia Capital U.S. Venture Partners Fund XV (Q), L.P.(3)(4)
Class B Common Stock	(1)	08/21/2026		C(1)			18,231	(1)	(1)	Class A Common Stock	18,231	$0	85,079	I	Sequoia Capital U.S. Venture Partners Fund XV, L.P.(3)(4)
Class B Common Stock	(1)	08/21/2026		C(1)			185,742	(1)	(1)	Class A Common Stock	185,742	$0	866,798	I	Sequoia Capital U.S. Venture XV Principals Fund, L.P.(3)(4)
Class B Common Stock	(1)	08/21/2026		C(1)			319,862	(1)	(1)	Class A Common Stock	319,862	$0	1,492,684	I	Sequoia Capital U.S. Growth Fund VIII, L.P.(3)(4)

1. Name and Address of Reporting Person^*

SC US (TTGP), LTD.

(Last) (First) (Middle)

2800 SAND HILL ROAD SUITE 101

(Street)

MENLO PARK CALIFORNIA 94025

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

SC U.S. Venture XV Management, L.P.

(Last) (First) (Middle)

2800 SAND HILL ROAD SUITE 101

(Street)

MENLO PARK CALIFORNIA 94025

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

SEQUOIA CAPITAL U.S. VENTURE FUND XV, L.P.

(Last) (First) (Middle)

2800 SAND HILL ROAD SUITE 101

(Street)

MENLO PARK CALIFORNIA 94025

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

SEQUOIA CAPITAL U.S. VENTURE PARTNERS FUND XV (Q), L.P.

(Last) (First) (Middle)

2800 SAND HILL ROAD SUITE 101

(Street)

MENLO PARK CALIFORNIA 94025

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

SEQUOIA CAPITAL U.S. VENTURE PARTNERS FUND XV, L.P.

(Last) (First) (Middle)

2800 SAND HILL ROAD SUITE 101

(Street)

MENLO PARK CALIFORNIA 94025

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

SEQUOIA CAPITAL U.S. VENTURE XV PRINCIPALS FUND, L.P.

(Last) (First) (Middle)

2800 SAND HILL ROAD SUITE 101

(Street)

MENLO PARK CALIFORNIA 94025

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

SC U.S. Growth VIII Management, L.P.

(Last) (First) (Middle)

2800 SAND HILL ROAD SUITE 101

(Street)

MENLO PARK CALIFORNIA 94025

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Sequoia Capital U.S. Growth Fund VIII, L.P.

(Last) (First) (Middle)

2800 SAND HILL ROAD SUITE 101

(Street)

MENLO PARK CALIFORNIA 94025

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

1. 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.

2. Represents a pro rata in-kind distribution of shares of Class A Common Stock of the Issuer to partners or members for no consideration and includes subsequent pro rata in-kind distributions by general partners or managing members to their respective partners or members for no consideration.

3. 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).

4. [continued from Footnote 3] 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.

	/s/ Jung Yeon Son, by power of attorney for SC US (TTGP), Ltd.	08/25/2026
	/s/ Jung Yeon Son, by power of attorney for SC US (TTGP), Ltd., the General Partner of SC U.S. Venture XV Management, L.P.	08/25/2026
	/s/ Jung Yeon Son, by power of attorney for SC US (TTGP), Ltd., the General Partner of SC U.S. Venture XV Management, L.P., the General Partner of Sequoia Capital U.S. Venture Fund XV, L.P	08/25/2026
	/s/ Jung Yeon Son, by power of attorney for SC US (TTGP), Ltd., the General Partner of SC U.S. Venture XV Management, L.P., the General Partner of Sequoia Capital U.S. Venture Partners Fund XV (Q), L.P.	08/25/2026
	/s/ Jung Yeon Son, by power of attorney for SC US (TTGP), Ltd., the General Partner of SC U.S. Venture XV Management, L.P., the General Partner of Sequoia Capital U.S. Venture Partners Fund XV, L.P.	08/25/2026
	/s/ Jung Yeon Son, by power of attorney for SC US (TTGP), Ltd., the General Partner of SC U.S. Venture XV Management, L.P., the General Partner of Sequoia Capital U.S. Venture XV Principals Fund, L.P.	08/25/2026
	/s/ Jung Yeon Son, by power of attorney for SC US (TTGP), Ltd., the General Partner of SC U.S. Growth VIII Management, L.P.	08/25/2026
	/s/ Jung Yeon Son, by power of attorney for SC US (TTGP), Ltd., the General Partner of SC U.S. Growth VIII Management, L.P., the General Partner of Sequoia Capital U.S. Growth Fund VIII, L.P.	08/25/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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* Form 4: SEC 1474 (03-26)