Tomb Gregory 4
Research Summary
AI-generated summary
Everpure Director Tomb Gregory Receives RSU Award — 3,515 Shares
What Happened
Tomb Gregory, a director of Everpure, Inc., was granted 3,515 Restricted Stock Units (RSUs) on 2026-06-10. The award shows an acquisition price of $0.00 (i.e., a compensation grant, not a cash purchase). The RSUs convert into shares of Class A common stock upon vesting; the filing does not report immediate sale or cash proceeds.
Key Details
- Transaction date: 2026-06-10; Consideration: $0.00; Award size: 3,515 RSUs.
- Shares owned following the reported transaction: not specified in the 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 prior to a Change in Control or Corporate Transaction (per the plan), subject to continued service.
- Resignation treatment: if the director voluntarily resigns, vesting is pro rata (1/365 × days of service from grant to resignation).
- Filing timeliness: Report filed 2026-06-12 for a 2026-06-10 transaction — within the standard two-business-day Form 4 window.
- No 10b5-1 plan, tax-withholding sale, or cashless-exercise language is indicated in the filing.
Context
RSUs are compensation awards that become common stock only when they vest; they are not the same signal as an open-market purchase or sale. Such grants are commonly used for director compensation and retention. Because this was an award (not a purchase or sale), it should be viewed primarily as compensation-related, not as a direct insider buy/sell market signal.