[Form 4] Everpure, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Colgrove John reported acquisition or exercise transactions in this Form 4 filing.
Everpure, Inc. director and Chief Visionary Officer John Colgrove reported an equity compensation award tied to performance. He was granted 320,277 shares of Class A Common Stock at no cost, issuable upon vesting of a performance-based restricted stock unit (PRSU) award.
The compensation committee approved the underlying shares based on performance goals for the fiscal year ending February 1, 2026. One-third of the PRSU will vest on March 20, 2026, with the rest vesting quarterly over the next two years, subject to his continuous service. After this award, he holds 6,783,773 shares directly and additional shares through family trusts, including 601,959, 2,765,000, 2,765,000 and 100,000 shares in various Colgrove-related trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 320,277 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- The shares of Class A Common Stock are to be acquired upon the vesting of a Performance-Based Restricted Stock Unit ("PRSU") award. The Issuer's Compensation & Talent Committee (the "Committee") authorized the issuance of the underlying shares based upon the achievement of certain performance goals for the fiscal year ending February 1, 2026, with vesting subject to the determination of performance achievement by the Committee, which occurred on March 10, 2026. As a result, 1/3 of the PRSU will vest on March 20, 2026, with the remaining vesting quarterly in equal installments over the next two years, subject to Reporting Person's Continuous Service (as defined in the Issuer's 2015 Equity Incentive Plan) through such dates. 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. Shares are held by VCF Trust.