Colgrove John 4

What Happened
John Colgrove, Everpure’s Chief Visionary Officer and a director, disposed of 10,280 shares in an open‑market sale on 2026-06-02 for a weighted average price of $85.32, generating proceeds of about $877,090. On the same date a gift of 10,280 shares was reported to The Colgrove Family Charitable Remainder Trust (the gift/transfer is reported at $0). The sale was effected pursuant to a Rule 10b5‑1 trading plan adopted on behalf of the applicable trust.

Key Details

• Transaction date: 2026-06-02. Sale: 10,280 shares; weighted average price $85.32; proceeds ≈ $877,090. Price range for the multiple trades: $85.04–$85.59.
• Gift reported same day: 10,280 shares to The Colgrove Family Charitable Remainder Trust (reported at $0).
• 10b5‑1 plan: Sale was executed under a plan adopted by the reporting person for the trust on January 8, 2026 (see F3).
• Shares held by related trusts per filing: The Colgrove Family Charitable Remainder Trust (F1–F2), Colgrove Family Living Trust (F5), The EEC Irrevocable Trust (F6), The RWC Irrevocable Trust (F7).
• Shares owned after the transaction are not specified in the provided excerpt; many holdings are reported as held by family trusts.
• Filing timeliness: Report filed 2026-06-04 for transactions on 2026-06-02 (appears timely under Form 4 reporting rules).

Context
Gifts (the reported transfer to a charitable remainder trust) are estate/charitable planning moves and do not necessarily reflect the insider’s market view. The sale was executed under a prearranged 10b5‑1 plan, which typically indicates planned, rule‑compliant disposition rather than opportunistic insider selling.