Everpure trust proposes $12.2M share sale
Morgan Stanley Smith Barney LLC is named as broker, and earlier trust sales are identified as 10b5-1 sales.
Rhea-AI Filing Summary
Everpure, Inc. (P) is named as issuer in a Rule 144 notice identifying 100,000 common shares proposed for sale for the account of THE COLGROVE FAM CHARITABLE REM TRU/A DTD 04/05/2024. The notice lists an approximate sale date of September 25, 2026, an aggregate market value of $12,188,000.00, and Morgan Stanley Smith Barney LLC as broker. Earlier sales involving trusts are labeled as 10b5-1 sales; John A. Colgrove signed the notice.
Positive
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Negative
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Key Figures
Shares proposed for sale: 100,000 shares
Aggregate market value: $12,188,000.00
Shares outstanding: 333,227,251 shares
3 metrics
Shares proposed for sale
100,000 shares
Common shares listed for sale
Aggregate market value
$12,188,000.00
Proposed sale
Shares outstanding
333,227,251 shares
Figure listed in the securities information
Key Terms
Rule 144, 10b5-1, Founders Shares
3 terms
Rule 144 regulatory
"144: Filer Information"
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 financial
"10b5-1 Sales for THE COLGROVE FAM CHARITABLE REM TRU/A"
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.
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