Ethos (LIFE) Director Roelof Botha Receives 72,450 Shares

What Happened

Roelof Botha, a director of Ethos Technologies Inc. (LIFE), reported an acquisition of 72,450 shares on 2026-09-08. The transaction is coded as an "other acquisition or disposition (J)" and is reported at $0.00 (no cash paid). This was not an open‑market purchase or option exercise but a distribution of shares to partners of investment funds.

Key Details

• Transaction date: 2026-09-08; Form 4 filed: 2026-09-10 (filed two days after the transaction, which appears timely under Form 4 reporting rules).
• Reported price: $0.00; total cash value reported: $0.
• Shares reported acquired: 72,450.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes from the filing:
  • F1: Shares were received as part of a pro rata in‑kind distribution to partners of investment funds in which the reporting person's estate planning vehicles are partners.
  • F2: Includes shares issuable on settlement of restricted stock units (RSUs).
• Transaction code (J) indicates an "other acquisition or disposition" rather than a standard buy/sell/exercise.

Context

An in‑kind pro rata distribution means the shares were distributed to fund partners (including Botha’s estate planning vehicles) rather than bought on the open market; such distributions typically reflect fund-level allocations or wind‑ups and do not necessarily indicate the director bought shares as a market signal. Some of the reported shares may be tied to RSU settlements (per F2), meaning final share issuance could be subject to vesting or settlement mechanics.