Everpure (P) director Colgrove sells 10,280 shares and gifts 20,560 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Everpure, Inc. director and Chief Visionary Officer John Colgrove reported a small set of insider moves involving trust-held Class A Common Stock. A Colgrove family charitable remainder trust sold 10,280 shares in an open-market transaction at a weighted average price of $85.32 per share, with individual trades ranging from $85.04 to $85.59, under a pre-arranged Rule 10b5-1 trading plan.
In addition, there were bona fide gifts totaling 20,560 shares involving the charitable remainder trust and Colgrove’s direct holdings. Following these transactions, Colgrove reports 6,614,941 shares held directly and significant indirect ownership through family trusts, including positions of 2,665,000 and 467,694 shares as of the reported date.
Positive
- None.
Negative
- None.
Insights
Routine, pre-planned sale and gifts with large stake retained.
The filing shows a modest open-market sale of 10,280 shares at a weighted average of $85.32 per share by a Colgrove family charitable remainder trust. The transaction was executed under a pre-established Rule 10b5-1 trading plan, indicating it was scheduled in advance rather than timed opportunistically.
There are also bona fide gifts totaling 20,560 shares, which are non-market transfers. After these moves, John Colgrove still reports 6,614,941 shares held directly plus substantial indirect positions through several family trusts. Relative to his overall holdings, the net sale of 10,280 shares appears small and consistent with routine portfolio and charitable planning.
Insider Trade Summary 10b5-1
Net Seller: 10,280 shares ($877,090)
Net Sell
6 txns
Insider
Colgrove John
Role
Chief Visionary Officer
Sold
10,280 shs ($877K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class A Common Stock | 10,280 | $0.00 | -- |
| Gift | Class A Common Stock | 10,280 | $0.00 | -- |
| Sale | Class A Common Stock | 10,280 | $85.32 | $877K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 6,614,941 shares (Direct, null);
Class A Common Stock — 10,280 shares (Indirect, By CRT)
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 $85.04 to $85.59 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 Colgrove Family Living Trust. 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 The RWC Irrevocable Trust. A member of the Reporting Person's immediate family is a beneficiary of the trust.
Key Figures
Open-market sale: 10,280 shares
Sale price (weighted avg): $85.32/share
Gifted shares total: 20,560 shares
+4 more
7 metrics
Open-market sale
10,280 shares
Class A Common Stock sold by charitable remainder trust
Sale price (weighted avg)
$85.32/share
Open-market sale on 2026-06-02; trades $85.04–$85.59
Gifted shares total
20,560 shares
Bona fide gifts involving CRT and direct holdings
Direct holdings after
6,614,941 shares
Class A Common Stock held directly after transactions
Indirect trust holdings
2,665,000 shares
Held by a Colgrove family trust as reported
Additional indirect holdings
467,694 shares
Held by another family trust as reported
Net buy/sell shares
-10,280 shares
Net of open-market buys and sells in this filing
Key Terms
Rule 10b5-1 trading plan, bona fide gift, Charitable Remainder Trust, weighted average price, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person..."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
bona fide gift financial
"transaction_code_description: Bona fide gift"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Charitable Remainder Trust financial
"The reported gift was made to the Colgrove Family Charitable Remainder Trust."
weighted average price financial
"The reported price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Class A Common Stock financial
"security_title: Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transactions did John Colgrove report for Everpure, Inc. (P)?
John Colgrove reported a small open-market sale of 10,280 shares of Everpure Class A Common Stock at a weighted average price of $85.32 per share, along with bona fide gifts totaling 20,560 shares involving a family charitable remainder trust and his direct holdings.
What is John Colgrove’s remaining Everpure (P) ownership after these transactions?
After the reported transactions, John Colgrove reports 6,614,941 Everpure Class A shares held directly. He also has substantial indirect ownership through family trusts, including positions of 2,665,000 shares and 467,694 shares, plus additional holdings in other named trusts and a charitable remainder trust.
Does this Everpure (P) Form 4 suggest a major change in John Colgrove’s stake?
The Form 4 shows a net open-market sale of 10,280 shares alongside 20,560 gifted shares, while Colgrove retains 6,614,941 shares directly and large indirect trust holdings. Given the scale of his remaining stake, the activity appears relatively small and consistent with ongoing planning.