Murphy John Francis 4

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.