Everpure (P) executive Colgrove sells 200K shares, gifts 200K while keeping 6.6M
Rhea-AI Filing Summary
Everpure, Inc. director and Chief Visionary Officer John Colgrove reported a series of indirect transactions in Class A Common Stock on May 11, 2026, mainly through family trusts. The filing shows open-market sales totaling 200,000 shares at weighted average prices within ranges from $82.90 to $93.63 per share. It also reports bona fide gifts totaling 200,000 shares involving the Colgrove Family Charitable Remainder Trust. Following these transactions, Colgrove reports 6,625,221 shares held directly, along with additional indirect holdings through several family trusts, and the sales were executed under a Rule 10b5-1 trading plan adopted on January 8, 2026.
Positive
- None.
Negative
- None.
Insights
Colgrove executed pre-planned trust sales and gifts while retaining a large direct stake.
Everpure’s Chief Visionary Officer John Colgrove reported indirect open-market sales of 200,000 shares of Class A Common Stock on May 11, 2026, at weighted average prices ranging from $82.90 to $93.63. These transactions were effected on behalf of family-related trusts.
The filing also shows bona fide gifts totaling 200,000 shares involving the Colgrove Family Charitable Remainder Trust. After these transactions, Colgrove reports 6,625,221 shares held directly plus additional indirect trust holdings, indicating a substantial remaining position.
A key detail is that the sales were made under a Rule 10b5-1 trading plan adopted on January 8, 2026, which suggests the timing was pre-arranged. Overall, this looks like planned diversification and charitable activity rather than a decisive shift in his exposure, so the informational impact is limited.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class A Common Stock | 100,000 | $0.00 | -- |
| Gift | Class A Common Stock | 100,000 | $0.00 | -- |
| Sale | Class A Common Stock | 38,586 | $83.48 | $3.22M |
| Sale | Class A Common Stock | 57,414 | $84.34 | $4.84M |
| Sale | Class A Common Stock | 4,000 | $85.06 | $340K |
| Sale | Class A Common Stock | 1,300 | $83.84 | $109K |
| Sale | Class A Common Stock | 400 | $84.80 | $34K |
| Sale | Class A Common Stock | 7,686 | $86.46 | $665K |
| Sale | Class A Common Stock | 22,321 | $87.19 | $1.95M |
| Sale | Class A Common Stock | 8,108 | $88.29 | $716K |
| Sale | Class A Common Stock | 4,339 | $89.12 | $387K |
| Sale | Class A Common Stock | 1,602 | $90.11 | $144K |
| Sale | Class A Common Stock | 2,053 | $91.34 | $188K |
| Sale | Class A Common Stock | 1,426 | $92.19 | $131K |
| Sale | Class A Common Stock | 765 | $93.42 | $71K |
| Sale | Class A Common Stock | 1,300 | $83.84 | $109K |
| Sale | Class A Common Stock | 400 | $84.80 | $34K |
| Sale | Class A Common Stock | 7,685 | $86.46 | $664K |
| Sale | Class A Common Stock | 22,322 | $87.19 | $1.95M |
| Sale | Class A Common Stock | 8,108 | $88.29 | $716K |
| Sale | Class A Common Stock | 4,339 | $89.12 | $387K |
| Sale | Class A Common Stock | 1,601 | $90.11 | $144K |
| Sale | Class A Common Stock | 2,053 | $91.34 | $188K |
| Sale | Class A Common Stock | 1,427 | $92.19 | $132K |
| Sale | Class A Common Stock | 765 | $93.42 | $71K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- The reported gift was made to the Colgrove Family Charitable Remainder Trust. Shares are held by The Colgrove Family Charitable Remainder Trust. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on behalf of the applicable trust on January 8, 2026. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.90 to $83.89 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.90 to $84.89 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.92 to $85.24 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.50 to $84.48 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. Shares are held by The RWC Irrevocable Trust. A member of the Reporting Person's immediate family is a beneficiary of the trust. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.54 to $85.25 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.72 to $86.71 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $86.72 to $87.69 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.73 to $88.72 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.74 to $89.73 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.74 to $90.64 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.79 to $91.70 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.80 to $92.67 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.05 to $93.63 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. Shares are held by The EEC Irrevocable Trust. A member of the Reporting Person's immediate family is a beneficiary of the trust. Shares are held by Colgrove Family Living Trust.