Yen Mallun 4

What Happened Yen Mallun, a director of Everpure, was granted 3,515 restricted stock units (RSUs) on June 10, 2026. The grant is reported as an award/acquisition (code A) at $0.00 per share (total recorded value $0) — no cash purchase occurred. These RSUs convert into shares of Class A common stock only upon vesting.

Key Details

• Transaction date: 2026-06-10; Form 4 filed: 2026-06-12 (appears timely under the two-business-day rule).
• Grant: 3,515 RSUs; reported price: $0.00; reported transaction type: Award/Grant (A).
• 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, subject to continuous service.
• Resignation rule: If the director voluntarily resigns, the award vests pro rata as of the resignation date (1/365 × days of service between grant and resignation).
• Post-transaction beneficial ownership: The filing shows the RSU grant; shares are to be acquired upon vesting. The filing excerpt provided does not specify total shares owned following the grant.

Context This is an equity-compensation grant (RSUs), not an open-market purchase or sale. RSU grants are common for directors and employees as compensation and do not reflect an immediate cash investment or exit. The award includes standard conditions (time-based vesting, accelerated vesting on change-in-control, and pro rata treatment on voluntary resignation).