Everpure CPO has 9,821 shares withheld for taxes
Rhea-AI Filing Summary
Everpure, Inc. (P) reported that Chief Product Officer Ajay Singh had 9,821 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, at a reference value of $104.14 per share. These shares were not sold in the market, and Singh now holds 331,292 shares directly, which include 174 shares acquired on September 15, 2026 through Everpure's Employee Stock Purchase Plan. No Rule 10b5-1 trading plan is reported for this transaction.
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Insights
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Insider Trade Summary
Tax Withholding: 9,821 shares
Tax Withholding
1 txn
Insider
Singh Ajay
Role
Chief Product Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1, F2 | 9,821 | $104.14 | $1.02M |
Holdings After Transaction:
Class A Common Stock — 331,292 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 174 shares of Class A Common Stock that were acquired by the Reporting Person on September 15, 2026 pursuant to Issuer's Employee Stock Purchase Plan.
Key Figures
Shares withheld for taxes: 9,821 shares
Reference price per share: $104.14 per share
Shares held after transaction: 331,292 shares
+1 more
4 metrics
Shares withheld for taxes
9,821 shares
Class A Common Stock withheld on September 20, 2026 for income tax withholding
Reference price per share
$104.14 per share
Value applied to the 9,821 withheld shares on September 20, 2026
Shares held after transaction
331,292 shares
Direct Class A Common Stock holdings of Ajay Singh following the transaction
Shares acquired via ESPP
174 shares
Class A shares acquired on September 15, 2026 under the Employee Stock Purchase Plan
Key Terms
Employee Stock Purchase Plan, income tax withholding, net settlement, equity awards
4 terms
Employee Stock Purchase Plan financial
"acquired by the Reporting Person on September 15, 2026 pursuant to 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"
net settlement financial
"in connection with the vesting and net settlement of the Reporting Person's equity awards"
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 insider transaction did Everpure, Inc. (P) disclose for Ajay Singh?
Everpure disclosed that Chief Product Officer Ajay Singh had 9,821 Class A shares withheld on September 20, 2026 to cover income tax withholding on vested equity awards. The filing specifies this does not represent a market sale by Singh.
Did Ajay Singh use a Rule 10b5-1 trading plan for this Everpure (P) transaction?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not marked, and there is no footnote stating that the September 20, 2026 withholding transaction was executed under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.