Ethos Technologies (LIFE) 10% Owner GV 2019 GP Sells Shares

What Happened
GV 2019 GP, L.L.C. (a 10% owner reporting on behalf of related partnerships) reported in-kind distributions followed by open‑market sales of Ethos Technologies (LIFE) shares. On 2026-07-17, 20,534 shares were distributed in-kind (no cash) and then 20,534 shares were sold at a weighted average price of $18.68 for proceeds of $383,614. On 2026-07-20, 18,386 shares were distributed in-kind and then 18,386 shares were sold at a weighted average price of $18.87 for proceeds of $346,859. Total shares sold: 38,920 for about $730,473. These were sales (not purchases).

Key Details

• Transaction dates and prices:
  • 2026-07-17: 20,534 shares distributed in-kind (code J, $0) then sold (code S) at weighted avg $18.68 (range $18.33–$19.05) — proceeds $383,614.
  • 2026-07-20: 18,386 shares distributed in-kind (code J, $0) then sold (code S) at weighted avg $18.87 (range $18.59–$19.18) — proceeds $346,859.
• Total proceeds reported: approximately $730,473 for 38,920 shares.
• Shares owned after the transactions: Not specified in this Form 4 filing.
• Notable footnotes:
  • The J entries reflect a pro rata in‑kind distribution by GV 2019, L.P. to partners, which resulted in the securities becoming directly owned by Alphabet Holdings (see F1).
  • Corporate chain and disclaimers: GV 2019 GP, GV 2019 LLC, Alphabet Holdings, XXVI Holdings Inc., and Alphabet Inc. may be deemed to indirectly own the partnership’s securities but disclaim beneficial ownership except for pecuniary interest (see F2, F4, F6).
  • Weighted averages and price ranges provided; the filer offers detailed per‑price breakdowns on request (see F3, F5).
• Filing timeliness: Report filed 2026-07-21 covering transactions dated 7/17 and 7/20. This appears to be filed within the normal Form 4 reporting window (filed within required business days).

Context

• These transactions reflect institutional/partnership activity (a 10% owner and related entities) and include an in‑kind distribution to Alphabet Holdings followed by open‑market sales. Such distributions and sales often reflect portfolio or partnership actions rather than direct executive trading; the filing itself does not state a management view of the company.
• Transaction codes: J = other acquisition/disposition (here, in‑kind distribution); S = sale (open market).