Everpure CFO has 33,860 shares withheld for taxes
Everpure’s CFO had shares withheld for tax obligations tied to vesting awards and now directly holds 300,616 Class A shares.
Rhea-AI Filing Summary
Everpure, Inc. (P) reported that Chief Financial Officer Tarek Robbiati had 33,860 shares of Class A Common Stock withheld on September 20, 2026 to satisfy income tax withholding obligations related to vesting and net settlement of equity awards. This did not represent an open-market sale. Following these withholdings and including 140 shares acquired on September 15, 2026 under the Employee Stock Purchase Plan, he directly holds 300,616 shares of Class A Common Stock.
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Insights
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Insider Trade Summary
Tax Withholding: 33,860 shares
Tax Withholding
1 txn
Insider
ROBBIATI TAREK
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1, F2 | 33,860 | $104.14 | $3.53M |
Holdings After Transaction:
Class A Common Stock — 300,616 shares (Direct)
Footnotes (2)
- F1. Represents shares that have been withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the vesting and net settlement of the Reporting Person's equity awards, previously reported on a Form 4, and does not represent a sale by the Reporting Person.
- F2. Includes 140 shares of Class A Common Stock that were acquired by the Reporting Person on September 15, 2026 pursuant to the Issuer's Employee Stock Purchase Plan.
Key Figures
Shares withheld for taxes: 33,860 shares
Withholding reference price: $104.14 per share
Post-transaction holdings: 300,616 shares
+1 more
4 metrics
Shares withheld for taxes
33,860 shares
Class A Common Stock withheld on September 20, 2026 for income tax obligations
Withholding reference price
$104.14 per share
Value per share for the 33,860 withheld shares on September 20, 2026
Post-transaction holdings
300,616 shares
Class A Common Stock directly held by CFO after the transaction
ESPP shares acquired
140 shares
Class A shares acquired on September 15, 2026 under the Employee Stock Purchase Plan
Key Terms
net settlement, Employee Stock Purchase Plan, income tax withholding, equity awards
4 terms
net settlement financial
"in connection with the vesting and net settlement of the Reporting Person's equity awards"
Employee Stock Purchase Plan financial
"acquired by the Reporting Person on September 15, 2026 pursuant to the Issuer's Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
income tax withholding financial
"withheld by the Issuer to satisfy its income tax withholding and remittance obligations"
equity awards financial
"in connection with the vesting and net settlement of the Reporting Person's equity awards"
Equity awards are payments to employees or directors made in the form of company stock or rights to buy stock later, serving as a way to share ownership rather than cash. For investors, they matter because they align staff incentives with company performance, can increase the number of shares outstanding over time (which can reduce each share’s claim on profits), and create compensation costs that affect reported earnings.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transaction did Everpure (P) report for its CFO on this Form 4?
Everpure reported that its Chief Financial Officer, Tarek Robbiati, had 33,860 shares of Class A Common Stock withheld on September 20, 2026 to pay income tax withholding obligations from vesting equity awards; this was not an open-market sale.
Did Everpure (P) indicate use of a Rule 10b5-1 trading plan for this Form 4?
No. The Form 4 indicates no Rule 10b5-1 trading plan for this transaction. It describes the event as issuer share withholding to cover income tax obligations on vesting equity awards for Chief Financial Officer Tarek Robbiati.
AI-generated analysis. How Rhea-AI works. Not financial advice.