Everpure (P) CEO receives 118,050 long-term performance RSUs tied to $150 stock target

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Everpure, Inc. CEO and director Giancarlo Charles H received a grant of 118,050 stock-related performance restricted stock units tied to Class A Common Stock. These units are part of a Long-Term Performance Incentive award under the company’s 2015 Equity Incentive Plan and represent a compensation-related acquisition, not an open-market purchase.

The award only becomes earned if the prior 30-trading day average closing price of the Class A Common Stock reaches at least $150.00 per share, measured at the end of fiscal 2029, 2030, or 2031. Depending on when this price target is first met, 33%, 67%, or 100% of the target shares are earned and then vest on March 20 of the corresponding year, subject to continued service and a one-year post-vest holding period. Any unearned shares are forfeited if the price target is not met by the end of the fiscal year ending in 2031.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Giancarlo Charles H

Role CEO

Type	Security	Shares	Price	Value
Grant/Award	Stock-Related Performance Restricted Stock Unit	118,050	$0.00	--

Holdings After Transaction: Stock-Related Performance Restricted Stock Unit — 118,050 shares (Direct, null)

Footnotes (1)

The shares of Class A Common Stock are issuable upon vesting of a Long-Term Performance Incentive Restricted Stock Unit ("LTP") award under the Issuer's 2015 Equity Incentive Plan and related award agreement. Shares may become earned only if the prior 30-trading day average closing price of the Issuer's Class A Common Stock equals or exceeds $150.00 per share, as equitably adjusted to reflect any stock split, reverse stock split, or similar change in the Issuer's capital structure affecting its common stock, measured at the end of fiscal 2029, 2030 or 2031. If achieved, 33%, 67% and 100%, respectively, of the target shares become earned. Earned shares vest on March 20, 2029, March 20, 2030 or March 20, 2031, as applicable, with later vesting limited to incremental shares earned, subject to Reporting Person's Continuous Service through the applicable vesting date. Shares issued upon vesting are subject to a one-year post-vest holding period. If the $150 stock price target is not met by the end of the Issuer's fiscal year ending in 2031, any unearned shares under the LTP award will immediately be forfeited.

Key Figures

Performance RSUs granted: 118,050 units Price target: $150.00 per share Vesting date 1: March 20, 2029 +4 more

7 metrics

Performance RSUs granted 118,050 units Stock-related performance RSUs tied to Class A Common Stock

Price target $150.00 per share 30-trading day average closing price condition for earning units

Vesting date 1 March 20, 2029 Vesting date for earned portion if condition met by fiscal 2029

Vesting date 2 March 20, 2030 Vesting date for earned portion if condition met by fiscal 2030

Vesting date 3 March 20, 2031 Vesting date for earned portion if condition met by fiscal 2031

Earning schedule 33%, 67%, 100% Portion of target shares earned depending on first year price target is met

Holding period 1 year Post-vest holding period for shares issued upon vesting

Key Terms

Stock-Related Performance Restricted Stock Unit, Long-Term Performance Incentive Restricted Stock Unit ("LTP") award, 2015 Equity Incentive Plan, 30-trading day average closing price, +2 more

6 terms

Long-Term Performance Incentive Restricted Stock Unit ("LTP") award financial

"issuable upon vesting of a Long-Term Performance Incentive Restricted Stock Unit ("LTP") award"

2015 Equity Incentive Plan financial

"under the Issuer's 2015 Equity Incentive Plan and related award agreement"

30-trading day average closing price financial

"only if the prior 30-trading day average closing price of the Issuer's Class A Common Stock"

Continuous Service financial

"subject to Reporting Person's Continuous Service through the applicable vesting date"

post-vest holding period financial

"Shares issued upon vesting are subject to a one-year post-vest holding period"

Form 4 Insider Transactions: What Each Field Means →

05/18/2026 - 04:16 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^*

Giancarlo Charles H

(Last)

(First)

(Middle)

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
X	Officer (give title below)	Other (specify below)
	CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026

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)

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)
Stock-Related Performance Restricted Stock Unit	$0	05/14/2026		A		118,050		⁽¹⁾	⁽²⁾	Class A Common Stock	118,050	$0	118,050	D

Explanation of Responses:

1. The shares of Class A Common Stock are issuable upon vesting of a Long-Term Performance Incentive Restricted Stock Unit ("LTP") award under the Issuer's 2015 Equity Incentive Plan and related award agreement. Shares may become earned only if the prior 30-trading day average closing price of the Issuer's Class A Common Stock equals or exceeds $150.00 per share, as equitably adjusted to reflect any stock split, reverse stock split, or similar change in the Issuer's capital structure affecting its common stock, measured at the end of fiscal 2029, 2030 or 2031. If achieved, 33%, 67% and 100%, respectively, of the target shares become earned. Earned shares vest on March 20, 2029, March 20, 2030 or March 20, 2031, as applicable, with later vesting limited to incremental shares earned, subject to Reporting Person's Continuous Service through the applicable vesting date. Shares issued upon vesting are subject to a one-year post-vest holding period.

2. If the $150 stock price target is not met by the end of the Issuer's fiscal year ending in 2031, any unearned shares under the LTP award will immediately be forfeited.

Remarks:

	/s/ Nicole Armstrong, attorney-in-fact	05/18/2026
	** 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) CEO Giancarlo Charles H report in this Form 4?

The CEO reported a grant of 118,050 performance-based restricted stock units. These units relate to Class A Common Stock and were acquired as a compensation award, not through an open-market stock purchase.

How many Everpure (P) performance RSUs were granted to the CEO?

The CEO received 118,050 stock-related performance restricted stock units. These units correspond to 118,050 shares of Class A Common Stock if fully earned and vested under the long-term performance award terms.

What stock price condition applies to the Everpure (P) CEO’s LTP award?

The award requires the 30-trading day average closing price to reach at least $150.00 per share. This threshold must be met at fiscal year-end in 2029, 2030, or 2031 for any portion of the units to be earned.

When do the Everpure (P) CEO’s performance RSUs vest if earned?

Earned shares vest on March 20, 2029, March 20, 2030, or March 20, 2031. Vesting timing depends on when the $150.00 stock price target is first achieved and requires the CEO’s Continuous Service through the applicable vesting date.

What happens if Everpure (P) does not reach the $150 stock price target?

If the $150.00 average closing price target is not achieved by the end of the fiscal year ending in 2031, all unearned units under the long-term performance award are forfeited. In that case, those unearned shares will never be issued to the CEO.

Is there a holding period on the Everpure (P) CEO’s earned shares?

Yes, shares issued upon vesting of the long-term performance award are subject to a one-year post-vest holding period. This means the CEO must hold the vested shares for at least one year after each vesting date.