Murphy John Francis 4
4 · Everpure, Inc. · Filed Jun 12, 2026
Research Summary
AI-generated summary of this filing
Everpure Director Murphy John Francis Receives 3,515-Share RSU Award
What Happened Murphy John Francis, a Director of Everpure, was granted 3,515 restricted stock units (RSUs) on 2026-06-10. The Form 4 reports an acquisition at $0.00 per share (award/grant), so no cash was exchanged. The award converts into shares of Class A Common Stock upon vesting.
Key Details
- Transaction date: 2026-06-10; Form 4 filed 2026-06-12 (timely).
- Transaction type/code: A — Award/Grant of RSUs.
- Shares granted: 3,515 RSUs; reported acquisition price $0.00 (grant value not stated).
- Shares owned after transaction: not disclosed in the filing.
- Vesting and special terms:
- 100% of the RSUs vest on June 10, 2027, subject to the reporting person's continuous service.
- Accelerated vesting: full vesting immediately prior to a Change in Control or Corporate Transaction (per the 2015 Equity Incentive Plan), subject to continuous service.
- If the director voluntarily resigns, vesting is pro rata: 1/365 of the award multiplied by days of service between grant and resignation.
Context This was a compensation award (RSUs), not an open-market purchase or sale. RSUs do not become tradable shares until they vest, and there was no immediate sale or cashless exercise reported. Such awards are common for directors and reflect compensation or retention rather than a direct buy/sell signal.
Insider Transaction Report
Form 4
Murphy John Francis
Director
Transactions
- Award
Class A Common Stock
[F1][F2]2026-06-10+3,515→ 19,183 total
Footnotes (2)
- [F1]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.
- [F2]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.
Signature
/s/ Nicole Armstrong, attorney-in-fact|2026-06-12