Everpure C.A.O. Mona Chu Withholds 2,864 Shares for Taxes

What Happened

• Mona Chu, Chief Accounting Officer of Everpure, had 2,864 shares of Class A common stock withheld by the company on September 20, 2026 to satisfy income tax withholding and remittance obligations tied to the vesting and net settlement of previously reported equity awards. The withholding was reported at $104.14 per share, totaling approximately $298,257. This was a tax-withholding/net settlement event—not an open-market sale.

Key Details

• Transaction date: 2026-09-20
• Action: Shares withheld to satisfy tax withholding on vested awards (Footnote F1 — not a sale)
• Amount withheld: 2,864 shares at $104.14 per share
• Reported value: $298,257 (approx.)
• Footnote F2: The filing’s holdings include 174 shares acquired on Sept 15, 2026 under Everpure’s Employee Stock Purchase Plan (ESPP).
• Filing date: 2026-09-22 — filed two business days after the transaction, within the SEC’s typical 2-business-day Form 4 deadline.

Context

• This was a routine tax withholding/net settlement related to vested equity awards (a cashless/net settlement handling of tax obligations), which does not indicate an open-market sale or an express buy/sell signal by the insider. For broader context on Mona Chu’s total holdings or prior awards, review the full Form 4 and prior filings.