Alphabet Inc. 4
4 · Ethos Technologies Inc. · Filed Jan 30, 2026
Research Summary
AI-generated summary of this filing
Ethos (LIFE) 10% Owner GV 2017 GP Sells 1.85M Shares
What Happened
GV 2017 GP, L.L.C. (reported as a 10% owner) converted multiple derivative securities into Ethos Class A common stock and sold 1,845,308 shares on Jan 30, 2026. The sales were two disposals at $19.00 per share: 1,755,632 shares for $33,357,008 and 89,676 shares for $1,703,844, for aggregate proceeds of $35,060,852. The filing also shows several conversion entries (preferred/derivative securities converted into common) in connection with the issuer’s IPO.
Key Details
- Transaction date: January 30, 2026. Sales executed at $19.00 per share.
- Shares sold: 1,755,632 + 89,676 = 1,845,308 shares; total proceeds ≈ $35,060,852.
- Conversions: filing reports multiple conversions of derivative securities into Class A common stock (automatic conversions upon IPO; see F1).
- Shares owned after the transactions: not stated in the provided filing details.
- Notable footnotes: F1 (Series B/C/D preferred automatically converted into Class A common at IPO); F2–F4 (ownership path showing GV 2017 GP/partnership structure and ties up the chain to Alphabet entities); F5 (the sale was reported as a participation in a secondary offering in connection with the Issuer’s underwritten IPO).
- Filing timeliness: no late-filing indicator shown in the provided information.
Context
This activity is by an institutional 10% owner (GV 2017 GP and related partnerships), not an operating executive. The conversions reflect automatic conversion of preferred stock into common at the company’s IPO (per F1), and the reported sales were part of a secondary offering tied to that IPO (F5). Institutional secondary sales after an IPO are common and do not necessarily indicate management sentiment about the company’s prospects.
Insider Transaction Report
Form 4
GV 2017 GP, L.L.C.
10% Owner
Transactions
- Conversion
Class A Common Stock
[F1][F2]2026-01-30+1,755,632→ 1,755,632 total(indirect: By GV 2017, L.P.) - Conversion
Class A Common Stock
[F1][F3]2026-01-30+3,287,925→ 3,287,925 total(indirect: By GV 2019, L.P.) - Conversion
Class A Common Stock
[F1][F4]2026-01-30+571,907→ 571,907 total(indirect: By GV 2021, L.P.) - Sale
Class A Common Stock
[F5][F2]2026-01-30$19.00/sh−1,755,632$33,357,008→ 0 total(indirect: By GV 2017, L.P.) - Sale
Class A Common Stock
[F5][F3]2026-01-30$19.00/sh−89,676$1,703,844→ 3,198,249 total(indirect: By GV 2019, L.P.) - Conversion
Series B Preferred Stock
[F1][F2]2026-01-30−1,751,791→ 0 total(indirect: By GV 2017, L.P.)→ Class A Common Stock (1,755,632 underlying) - Conversion
Series C Preferred Stock
[F1][F3]2026-01-30−3,287,925→ 0 total(indirect: By GV 2019, L.P.)→ Class A Common Stock (3,287,925 underlying) - Conversion
Series D Preferred Stock
[F1][F4]2026-01-30−552,126→ 0 total(indirect: By GV 2021, L.P.)→ Class A Common Stock (571,907 underlying)
Footnotes (5)
- [F1]Upon the closing of the Issuer's initial public offering, all shares of Series B, Series C, and Series D Preferred Stock were automatically converted into shares of Class A Common Stock of the Issuer pursuant to the Issuer's Amended and Restated Certificate of Incorporation.
- [F2]The securities reported in this row are directly beneficially owned by GV 2017, L.P. (the "2017 Partnership"). GV 2017 GP, L.P. (the "2017 GP") is the general partner of the 2017 Partnership. GV 2017 GP, L.L.C. ("GV 2017 LLC") is the general partner of the 2017 GP. Alphabet Holdings LLC ("Alphabet Holdings") is the sole member of GV 2017 LLC. XXVI Holdings Inc. ("XXVI") is the sole member of Alphabet Holdings. Alphabet Inc. is the controlling stockholder of XXVI. Each of the 2017 GP, GV 2017 LLC, Alphabet Holdings, XXVI and Alphabet Inc. may be deemed to indirectly beneficially own (as that term is defined in Rule 13d-3 of the Securities Exchange Act of 1934, as amended (the "Exchange Act")) the securities directly beneficially owned by the 2017 Partnership. Each of the 2017 GP, GV 2017 LLC, Alphabet Holdings, XXVI, and Alphabet Inc. disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein.
- [F3]The securities reported in this row are directly beneficially owned by GV 2019, L.P. (the "2019 Partnership"). GV 2019 GP, L.P. (the "2019 GP") is the general partner of the 2019 Partnership. GV 2019 GP, L.L.C. ("GV 2019 LLC") is the general partner of the 2019 GP. Alphabet Holdings is the sole member of GV 2019 LLC. XXVI is the sole member of Alphabet Holdings. Alphabet Inc. is the controlling stockholder of XXVI. Each of the 2019 GP, GV 2019 LLC, Alphabet Holdings, XXVI and Alphabet Inc. may be deemed to indirectly beneficially own (as that term is defined in Rule 13d-3 of the Exchange Act) the securities directly beneficially owned by the 2019 Partnership. Each of the 2019 GP, GV 2019 LLC, Alphabet Holdings, XXVI, and Alphabet Inc. disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein.
- [F4]The securities reported in this row are directly beneficially owned by GV 2021, L.P. (the "2021 Partnership"). GV 2021 GP, L.P. (the "2021 GP") is the general partner of the 2021 Partnership. GV 2021 GP, L.L.C. ("GV 2021 LLC") is the general partner of the 2021 GP. Alphabet Holdings is the sole member of GV 2021 LLC. XXVI is the sole member of Alphabet Holdings. Alphabet Inc. is the controlling stockholder of XXVI. Each of the 2021 GP, GV 2021 LLC, Alphabet Holdings, XXVI and Alphabet Inc. may be deemed to indirectly beneficially own (as that term is defined in Rule 13d-3 of the Exchange Act) the securities directly beneficially owned by the 2021 Partnership. Each of the 2021 GP, GV 2021 LLC, Alphabet Holdings, XXVI, and Alphabet Inc. disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein.
- [F5]The reported transaction represents a sale of shares of the Issuer's Class A Common Stock by the reporting person as a participant in a secondary offering undertaken in connection with the Issuer's underwritten initial public offering of its Class A Common Stock.