Brown Andrew William Fraser 4

What Happened
Brown Andrew William Fraser, a director of Everpure, Inc., was granted 3,515 restricted stock units (RSUs) on June 10, 2026. The Form 4 reports the acquisition as an award (transaction code A) at $0.00 per share (typical for RSU grants); no cash changed hands at grant.

Key Details

• Transaction date: 2026-06-10; Form 4 filed 2026-06-12 (timely filing).
• Type: Grant / award of RSUs (code A).
• Amount: 3,515 RSUs; reported price $0.00 (grant value not listed on Form 4).
• Vesting: 100% of the RSUs vest on June 10, 2027, subject to the reporting person's continuous service.
• Accelerated vesting: RSUs fully vest immediately before a Change in Control or Corporate Transaction, subject to continuous service.
• Resignation treatment: If the director voluntarily resigns, vesting occurs pro rata — 1/365 of the award per day served between grant and resignation.
• Shares upon vesting: Footnote indicates shares will be held by the Nicholas Brown 2021 Gift Trust.
• Shares owned following the reported transaction: not specified in the filing.

Context
RSUs are a form of equity compensation that convert into shares only upon vesting; they are not an outright purchase or sale and so are less direct as a signal of immediate insider conviction than open-market buys. The accelerated-vesting provision on a change in control is common and simply governs what happens to unvested awards in a transaction.