Everpure, Inc.·4

Jun 12, 4:39 PM ET

Dietzen Scott 4

4 · Everpure, Inc. · Filed Jun 12, 2026

Research Summary

AI-generated summary of this filing

Updated

Everpure Director Scott Dietzen Transfers Shares, Receives RSUs

What Happened

  • Scott Dietzen, a director of Everpure, transferred 12,811 shares of Class A common stock into the "Scott Dietzen 2022 Revocable Trust" on June 1, 2026 (reported as a zero-dollar transfer). He was also granted a Restricted Stock Unit (RSU) award for 3,515 shares on June 10, 2026 (recorded at $0).
  • The June 1 transfer is a contribution to a revocable trust (not an open‑market sale), so it does not represent a cash exit. The 3,515 RSU award is a grant that will convert into shares only upon vesting per the plan terms.

Key Details

  • Transaction dates and prices:
    • June 1, 2026 — contribution/transfer of 12,811 shares to Scott Dietzen 2022 Revocable Trust; reported price $0.
    • June 10, 2026 — RSU grant for 3,515 shares; reported price $0.
  • Shares held after transaction: 12,811 Class A shares are held by the Scott Dietzen 2022 Revocable Trust (the filing also notes shares held by Cather GST Exempt Trust and Miles GST Exempt Trust; the filing excerpt does not give totals for those trusts).
  • RSU vesting and restrictions (per footnotes): 100% of the 3,515 RSUs vest on June 10, 2027 subject to continuous service; pro‑rata vesting applies on voluntary resignation (1/365 × days of service). RSUs accelerate and vest on a Change in Control or corporate transaction if continuous service exists at that time.
  • Filing date: Form 4 was filed June 12, 2026. Insiders normally must file within two business days of a reportable transaction, so this filing is reported later than that window.

Context

  • Transfers into a revocable trust are typically estate or administrative planning moves and should not be interpreted as a market sale or bearish signal.
  • RSU grants are prospective (not immediate economic proceeds); value will only be realized if and when the RSUs vest and any sale occurs.
  • No cash changed hands in these reported transactions (all were recorded at $0).

Insider Transaction Report

Form 4
Period: 2026-06-01
Transactions
  • Other

    Class A Common Stock

    [F1]
    2026-06-0112,8114,735 total
  • Other

    Class A Common Stock

    [F1][F2]
    2026-06-01+12,811658,782 total(indirect: By Trust)
  • Award

    Class A Common Stock

    [F3][F4]
    2026-06-10+3,5158,250 total
Holdings
  • Class A Common Stock

    [F5]
    (indirect: By Trust)
    100,000
  • Class A Common Stock

    [F6]
    (indirect: By Trust)
    100,000
Footnotes (6)
  • [F1]On June 1, 2026, the Reporting Person contributed 12,811 shares of Class A Common Stock to the Scott Dietzen 2022 Revocable Trust of which the Reporting Person is the Trustee.
  • [F2]Shares are held by the Scott Dietzen 2022 Revocable Trust.
  • [F3]The shares of Class A Common Stock are to be acquired upon the vesting of a Restricted Stock Unit award granted to the Reporting Person. 100% of the shares subject to the Restricted Stock Unit award will vest on June 10, 2027, subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2015 Equity Incentive Plan) on the vesting date, and provided that if the Reporting Person voluntarily resigns as a Director, then the shares subject to the Restricted Stock Unit award will vest as of the effective date of the resignation as to 1/365 of the shares subject to the award multiplied by the number of days of the Reporting Person's service between the date of grant and the effective date of the resignation.
  • [F4]The Restricted Stock Unit award shall be subject to accelerated vesting as follows: In the event of a Change in Control or a Corporate Transaction (each, as defined in the Issuer's 2015 Equity Incentive Plan), the shares subject to the Restricted Stock Unit award will fully vest as of immediately prior to the effective time of such Change in Control or Corporate Transaction, subject to the Reporting Person's Continuous Service on the effective date of such Change in Control or Corporate Transaction.
  • [F5]Shares are held by Cather GST Exempt Trust.
  • [F6]Shares are held by Miles GST Exempt Trust.
Signature
/s/ Nicole Armstrong, attorney-in-fact|2026-06-12

Documents

1 file
  • 4
    wk-form4_1781296785.xmlPrimary

    FORM 4