Alphabet Inc. 4
Research Summary
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Ethos (LIFE) 10% Owner GV 2019 GP, L.L.C. Sells 147,552 Shares
What Happened GV 2019 GP, L.L.C., a reported 10% owner of Ethos Technologies (ticker: LIFE), moved shares on May 14–15, 2026. The filing shows in-kind distributions (no cash) of 60,077 and 87,475 shares to an affiliate (Alphabet Holdings), and open‑market sales totalling 147,552 shares that generated approximately $3,459,809 in proceeds. The open‑market sales were executed across multiple trades at weighted average prices reported for each block.
Key Details
- Transaction dates: May 14, 2026 and May 15, 2026. Filing date: May 18, 2026 (timely).
- Sales executed (open market): 60,077 shares @ $23.01 (weighted avg; trades ranged $22.81–$23.42), 45,410 shares @ $23.27 (weighted avg; range $22.83–$23.81), and 42,065 shares @ $24.27 (weighted avg; range $23.835–$24.74).
- Total shares sold (open market): 147,552; total proceeds ≈ $3,459,809.
- In‑kind distributions (no cash): 60,077 and 87,475 shares were distributed pro rata to Alphabet Holdings (reported as disposition code J).
- Ownership after the transactions: not specified in the Form 4.
- Notable footnotes: sales and distributions involve the GV 2019 partnership and an ownership chain ending with Alphabet Inc.; some shares reported as directly owned by the 2019 Partnership were distributed to Alphabet Holdings and then sold. Weighted average prices reported — detailed per-footnote; full per-trade prices available on request to the SEC or issuer.
Context This filing reflects activity by an institutional 10% owner and affiliated entities (not an individual executive). The J-code distributions are transfers to an affiliate (in‑kind, no cash), while the S-code entries are standard open‑market sales that generated cash proceeds. Such institutional sales often reflect portfolio management and do not, by themselves, signal management sentiment about the company’s prospects.