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Everpure: Colgrove trust proposes $31.1M share sale

The shares are described as founders shares acquired from the issuer on October 10, 2009, and Morgan Stanley Smith Barney LLC is named as broker.

(Neutral)

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Form Type
144

Rhea-AI Filing Summary

Everpure, Inc. (P) lists a proposed sale of 200,000 common shares for the account of THE COLGROVE FAM CHARITABLE REM TRU/A DTD 04/05/2024, with an aggregate market value of $31,062,000. Morgan Stanley Smith Barney LLC is named as broker. The shares are identified as founders shares acquired from the issuer on October 10, 2009.

Proposed shares for sale 200,000 common shares For the account of THE COLGROVE FAM CHARITABLE REM TRU/A DTD 04/05/2024
Aggregate market value $31,062,000 Proposed sale of common shares
Past sale 100,000 common shares Colgrove trust sale on September 25, 2026
Aggregate market value $12,463,060 Colgrove trust sale on September 25, 2026
Rule 144 regulatory
"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 Sales regulatory
"10b5-1 Sales for THE COLGROVE FAM CHARITABLE REM TRU"
10b5-1 sales are pre-arranged stock-trading plans that let company insiders automatically buy or sell shares according to a fixed schedule or formula, even if they later learn confidential information. Think of it as setting up an automatic thermostat for trades: it creates a clear, documented path that can protect insiders from insider-trading accusations and gives investors a signal about predictable insider activity—though it can also simply be a way for insiders to diversify or raise cash.
Founders Shares financial
"Founders Shares"
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.

FAQ

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

How many Everpure (P) shares does the Colgrove trust propose to sell?

The notice lists a proposed sale of 200,000 common shares for the account of THE COLGROVE FAM CHARITABLE REM TRU/A DTD 04/05/2024, with an aggregate market value of $31,062,000. Morgan Stanley Smith Barney LLC is named as broker.

How did the shares in the proposed Everpure (P) sale originate?

The shares are identified as founders shares acquired from the issuer on October 10, 2009.

What recent Everpure (P) sale by the Colgrove trust is listed?

Among the past sales listed, the trust reported a sale of 100,000 common shares on September 25, 2026, for $12,463,060, identified as a 10b5-1 sale.

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

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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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