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Everpure trust plans $11.4M founders share sale

A Colgrove family charitable remainder trust filed to sell 100,000 Everpure common shares under Rule 144, alongside substantial recent 10b5-1 plan sales by related trusts.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Everpure, Inc. (P) is the issuer of common stock that a selling security holder intends to sell under Rule 144. A charitable remainder trust named THE COLGROVE FAM CHARITABLE REM TRU/A DTD 04/05/2024 has filed to sell 100,000 shares of common stock, originally acquired as founders shares.

The notice lists Morgan Stanley Smith Barney LLC Executive Financial Services as the broker. It also details recent Rule 10b5-1 plan sales over the past three months by this and related trusts holding Everpure common stock.

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Proposed shares to be sold 100,000 shares Everpure, Inc. common stock under Rule 144 for the Colgrove family charitable remainder trust
Proposed aggregate market value $11,366,000.00 Value shown for the 100,000 Everpure common shares proposed for sale
Recent sale on September 21, 2026 100,000 shares; $11,034,990.00 10b5-1 sale by THE COLGROVE FAM CHARITABLE REM TRU/A DTD 04/05/2024
Recent sale on September 10, 2026 (EEC Trust) 50,000 shares; $4,747,470.00 10b5-1 sale by THE EEC TRUST U/A DTD 02/08/2011
Recent sale on September 10, 2026 (RWC Trust) 50,000 shares; $4,747,470.00 10b5-1 sale by THE RWC TRUST U/A DTD 02/08/2011
Recent sale on August 13, 2026 100,000 shares; $11,720,590.00 10b5-1 sale by the Colgrove family charitable remainder trust
Recent sale on July 10, 2026 (each of two trusts) 50,000 shares; $3,991,335.00 10b5-1 sales by the EEC and RWC trusts, respectively
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
10b5-1 regulatory
"10b5-1 Sales for THE COLGROVE FAM CHARITABLE REM TRU/A DTD 04/05/2024"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
founders shares financial
"Common | 10/10/2009 | Founders Shares | Issuer"
Founders shares are a special block of a company’s stock originally given to the people who started the business; they often carry extra voting power or favorable terms compared with regular shares. For investors, these shares matter because they concentrate control and influence how future funding, ownership dilution, and decision-making will play out—think of founders shares as the steering wheel that can steer a company’s direction even as more passengers (investors) climb aboard.
charitable remainder trust financial
"THE COLGROVE FAM CHARITABLE REM TRU/A DTD 04/05/2024"
common stock financial
"Common | Morgan Stanley Smith Barney LLC Executive Financial Services"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing disclose for Everpure, Inc. (P)?

It discloses that THE COLGROVE FAM CHARITABLE REM TRU/A DTD 04/05/2024 has filed a notice under Rule 144 to sell 100,000 shares of Everpure, Inc. common stock, originally received as founders shares, through Morgan Stanley Smith Barney LLC.

How many Everpure (P) shares are proposed to be sold in this Form 144?

The filing states that 100,000 shares of common stock of Everpure, Inc. are proposed to be sold for the account of THE COLGROVE FAM CHARITABLE REM TRU/A DTD 04/05/2024, with an aggregate market value shown as $11,366,000.00.

Who is the selling security holder in this Everpure (P) Form 144?

The selling security holder is identified as THE COLGROVE FAM CHARITABLE REM TRU/A DTD 04/05/2024, a charitable remainder trust associated with the Colgrove family, with the notice signed by John A. Colgrove on behalf of the seller.

What recent 10b5-1 plan sales of Everpure (P) stock are reported?

The filing lists multiple Rule 10b5-1 sales, including 100,000 common shares sold on September 21, 2026 for $11,034,990.00 by the Colgrove family charitable remainder trust and several 50,000-share sales by the EEC and RWC trusts in July, August, and September 2026.

Which broker is handling the proposed Everpure (P) Rule 144 sale?

The proposed sale of 100,000 Everpure common shares is listed as being handled through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, New York, NY, as shown in the securities information section.

When were the Everpure (P) founders shares to be sold originally acquired?

The common stock identified as founders shares to be sold by the Colgrove family charitable remainder trust is reported as having been acquired on October 10, 2009 from the issuer, Everpure, Inc.

Are the recent Everpure (P) stock sales under a trading plan?

Yes. The past three months’ sales listed for the Colgrove family charitable remainder trust and related EEC and RWC trusts are all labeled as 10b5-1 Sales, indicating they were executed pursuant to Rule 10b5-1 trading plans.

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

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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