Ethos Technologies (LIFE) awards 900,000 restricted stock units to President Wang
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wang Lingke reported acquisition or exercise transactions in this Form 4 filing.
Ethos Technologies Inc. reported that President and director Wang Lingke received a grant of 900,000 shares of Class A Common Stock in the form of restricted stock units. The RSUs vest 55% on February 15, 2027, then 6.25% on each of May 15, 2027, August 15, 2027, November 15, 2027, and February 15, 2028, and 2.5% on each subsequent May 15, August 15, November 15 and February 15, subject to continuous service through each vesting date. Following this award, Wang holds 1,595,302 shares of Class A Common Stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wang Lingke
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 900,000 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 1,595,302 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 900,000 shares
Grant price per share: $0.00
Post-transaction holdings: 1,595,302 shares
+3 more
6 metrics
RSU grant size
900,000 shares
Restricted stock unit award of Class A Common Stock to President Wang Lingke
Grant price per share
$0.00
Price per share for the 900,000-share RSU award
Post-transaction holdings
1,595,302 shares
Total Class A Common Stock held directly by Wang Lingke after the award
Initial vesting percentage
55%
Portion of RSUs vesting on February 15, 2027
Intermediate vesting tranches
6.25%
Portion vesting on each of May 15, 2027; Aug 15, 2027; Nov 15, 2027; Feb 15, 2028
Ongoing vesting tranches
2.5%
Portion vesting on each subsequent May 15, August 15, November 15 and February 15
Key Terms
restricted stock unit ("RSU") award, continuous service, Class A Common Stock
3 terms
restricted stock unit ("RSU") award financial
"Represents a restricted stock unit ("RSU") award."
continuous service financial
"subject to the Reporting Person's continuous service through each such vesting date."
Class A Common Stock financial
"security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What did Ethos Technologies (LIFE) disclose about President Wang Lingke’s equity grant?
Ethos Technologies disclosed that President Wang Lingke received a 900,000-share restricted stock unit award of Class A Common Stock. This equity grant forms part of his compensation and vests over several future dates, conditioned on his continued service with the company.
What is the vesting schedule of the 900,000 RSUs reported by Ethos Technologies (LIFE)?
The 900,000 RSUs vest 55% on February 15, 2027, then 6.25% on each of May 15, 2027, August 15, 2027, November 15, 2027, and February 15, 2028. The remaining units vest 2.5% on each later quarterly vesting date, subject to continuous service.
What are Wang Lingke’s total direct holdings after this Form 4 transaction for LIFE?
After the reported RSU grant, Wang Lingke directly holds 1,595,302 shares of Ethos Technologies Class A Common Stock. This total includes the newly awarded restricted stock units, which will vest over time according to the disclosed schedule.
What condition applies to vesting of Wang Lingke’s RSUs at Ethos Technologies (LIFE)?
Vesting of the RSU award is subject to continuous service through each specified vesting date. If Wang Lingke’s service ends before a vesting date, the unvested portion tied to that date would not vest under the disclosed terms.