Giancarlo Charles H 4
4 · Everpure, Inc. · Filed Jun 23, 2026
Research Summary
AI-generated summary of this filing
Everpure CEO Giancarlo Withholds 30,036 Shares for Taxes
What Happened
Giancarlo Charles H, CEO and Director of Everpure, had 30,036 shares withheld by the company on 2026-06-20 to satisfy income tax withholding related to the vesting/net settlement of equity awards. The shares were recorded at $74.61 each, for a total value of approximately $2,240,986. This transaction is a tax-withholding/net-settlement event (transaction code F), not an open-market sale by the insider.
Key Details
- Transaction date: 2026-06-20
- Price per share: $74.61; total value withheld: ~$2,240,986
- Transaction code: F (withholding to satisfy tax liability on vested awards)
- Footnote F1: Shares were withheld by the issuer to satisfy income tax withholding and remittance obligations and do not represent a sale by the Reporting Person.
- Footnote F2: Some or all shares are held by the Giancarlo Family Trust UAD 11/02/98.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing timeliness: No late-filing indicator provided (no 'L' flag noted).
Context
This was a tax-withholding/net-settlement of equity awards (commonly called a "cashless exercise" or net share settlement) rather than an open-market sale. Such withholdings are routine administrative actions to satisfy tax obligations when restricted stock vests or options are exercised and do not necessarily signal insider sentiment about the company's stock.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1]2026-06-20$74.61/sh−30,036$2,240,986→ 1,819,597 total
- 731,414(indirect: By Trust)
Class A Common Stock
[F2]
Footnotes (2)
- [F1]Represents shares that have been withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the vesting and net settlement of the Reporting Person's equity awards, previously reported on a Form 4, and does not represent a sale by the Reporting Person.
- [F2]Shares are held by the Giancarlo Family Trust UAD 11/02/98.