Everpure (P) grants director Yen Mallun 3,515 restricted stock units

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Yen Mallun reported acquisition or exercise transactions in this Form 4 filing.

Everpure, Inc. director Yen Mallun reported an equity award of 3,515 shares of Class A Common Stock, granted at no cash cost as a Restricted Stock Unit (RSU) award. All RSU shares are scheduled to vest on June 10, 2027, conditioned on continued board service.

The award provides for accelerated vesting immediately before a Change in Control or Corporate Transaction, if Mallun remains in Continuous Service on that effective date. If Mallun voluntarily resigns as a director, a pro-rated portion of the RSU will vest based on days served between grant and resignation. Following this grant, Mallun directly holds 48,016 Class A shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Yen Mallun

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	3,515	$0.00	--

Holdings After Transaction: Class A Common Stock — 48,016 shares (Direct, null)

Footnotes (1)

The Restricted Stock Unit award shall be subject to accelerated vesting as follows: In the event of a Change in Control or a Corporate Transaction (each, as defined in the Issuer's 2015 Equity Incentive Plan), the shares subject to the Restricted Stock Unit award will fully vest as of immediately prior to the effective time of such Change in Control or Corporate Transaction, subject to the Reporting Person's Continuous Service on the effective date of such Change in Control or Corporate Transaction. The shares of Class A Common Stock are to be acquired upon the vesting of a Restricted Stock Unit award granted to the Reporting Person. 100% of the shares subject to the Restricted Stock Unit award will vest on June 10, 2027, subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2015 Equity Incentive Plan) on the vesting date, and provided that if the Reporting Person voluntarily resigns as a Director, then the shares subject to the Restricted Stock Unit award will vest as of the effective date of the resignation as to 1/365 of the shares subject to the award multiplied by the number of days of the Reporting Person's service between the date of grant and the effective date of the resignation.

Key Figures

RSU grant size: 3,515 shares Holdings after grant: 48,016 shares Vesting date: June 10, 2027

3 metrics

RSU grant size 3,515 shares Class A Common Stock RSU award to director Yen Mallun

Holdings after grant 48,016 shares Total direct Class A Common Stock held after transaction

Vesting date June 10, 2027 Scheduled 100% vesting of RSU award, subject to Continuous Service

Key Terms

Restricted Stock Unit, Change in Control, Corporate Transaction, Continuous Service, +1 more

5 terms

Restricted Stock Unit financial

"The shares of Class A Common Stock are to be acquired upon the vesting of a Restricted Stock Unit award granted to the Reporting Person."

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

Change in Control financial

"In the event of a Change in Control or a Corporate Transaction ... the shares subject to the Restricted Stock Unit award will fully vest..."

A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.

Corporate Transaction financial

"In the event of a Change in Control or a Corporate Transaction ... the shares subject to the Restricted Stock Unit award will fully vest..."

Continuous Service financial

"subject to the Reporting Person's Continuous Service on the effective date of such Change in Control or Corporate Transaction."

2015 Equity Incentive Plan financial

"each, as defined in the Issuer's 2015 Equity Incentive Plan"

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Form 4 Insider Transactions: What Each Field Means →

06/12/2026 - 04:41 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Yen Mallun

(Last)

(First)

(Middle)

C/O EVERPURE, INC.

2555 AUGUSTINE DRIVE

(Street)

SANTA CLARA

CALIFORNIA

95054

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Everpure, Inc. [ P ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	06/10/2026		A		3,515⁽¹⁾⁽²⁾	A	$0	48,016	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The Restricted Stock Unit award shall be subject to accelerated vesting as follows: In the event of a Change in Control or a Corporate Transaction (each, as defined in the Issuer's 2015 Equity Incentive Plan), the shares subject to the Restricted Stock Unit award will fully vest as of immediately prior to the effective time of such Change in Control or Corporate Transaction, subject to the Reporting Person's Continuous Service on the effective date of such Change in Control or Corporate Transaction.

2. The shares of Class A Common Stock are to be acquired upon the vesting of a Restricted Stock Unit award granted to the Reporting Person. 100% of the shares subject to the Restricted Stock Unit award will vest on June 10, 2027, subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2015 Equity Incentive Plan) on the vesting date, and provided that if the Reporting Person voluntarily resigns as a Director, then the shares subject to the Restricted Stock Unit award will vest as of the effective date of the resignation as to 1/365 of the shares subject to the award multiplied by the number of days of the Reporting Person's service between the date of grant and the effective date of the resignation.

Remarks:

	/s/ Nicole Armstrong, attorney-in-fact	06/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Everpure (P) director Yen Mallun report in this Form 4?

Yen Mallun reported receiving a grant of 3,515 shares of Everpure Class A Common Stock through a Restricted Stock Unit award. The award was granted at no cash cost and increases Mallun’s direct holdings to 48,016 Class A shares.

How many Everpure (P) shares does Yen Mallun hold after the RSU grant?

After the reported grant, Yen Mallun directly holds 48,016 shares of Everpure Class A Common Stock. This figure reflects the position immediately following the 3,515-share Restricted Stock Unit award disclosed in the Form 4 filing.

When do Yen Mallun’s Everpure restricted stock units vest?

All 3,515 shares underlying the Restricted Stock Unit award are scheduled to vest on June 10, 2027. Vesting is conditioned on Yen Mallun’s Continuous Service as defined in Everpure’s 2015 Equity Incentive Plan through that vesting date.

What happens to the Everpure RSUs if there is a Change in Control?

If a Change in Control or Corporate Transaction occurs, the RSU shares will fully vest immediately before the effective time of that event. This accelerated vesting applies if Yen Mallun remains in Continuous Service on the effective date of the transaction.

How are Everpure RSUs treated if director Yen Mallun resigns?

If Yen Mallun voluntarily resigns as a director, a portion of the RSU award will vest on the resignation date. The vested amount equals 1/365 of the total shares multiplied by the days of service between grant and the effective resignation date.

Is Yen Mallun’s Everpure RSU award tied to the company’s equity plan?

Yes. The Restricted Stock Unit award is granted under Everpure’s 2015 Equity Incentive Plan. Definitions such as Change in Control, Corporate Transaction, and Continuous Service come directly from that plan and govern vesting and potential acceleration conditions.