Everpure (P) CVO John Colgrove Sells $22.65M of Shares

What Happened

• John Colgrove, Chief Visionary Officer and director of Everpure, executed multiple open-market sales on Sept 22 and Sept 24, 2026, disposing of a total of 200,000 shares for aggregate proceeds of approximately $22,652,257. The individual sales were: 66,892 shares at a weighted avg ~$110.15 ($7,368,154), 33,108 shares at ~$111.39 ($3,687,900), 67,903 shares at a weighted avg ~$115.24 ($7,825,142), 1,800 shares at $116.64 ($209,952), and 30,297 shares at a weighted avg ~$117.54 ($3,561,109).
• In conjunction with those trades, the filing shows gift transactions (zero-dollar transfers) involving 100,000-share movements on Sept 22 and Sept 24 into/out of family and charitable trusts (see footnotes). These gift entries do not reflect a cash purchase or sale.

Key Details

• Transaction dates: Sept 22, 2026 and Sept 24, 2026.
• Open-market sales: total 200,000 shares for ~ $22.65M; per-trade weighted avg price ranges reported in footnotes:
  • Sept 22 sales ranged ~$110.00–$110.89 and ~$111.39 (weighted averages reported).
  • Sept 24 sales ranged ~$115.00–$115.94, ~$116.00–$116.80, and ~$117.06–$118.00 (weighted averages reported).
• Gifts/transfers: reported gifts to The Colgrove Family Charitable Remainder Trust and other family trusts (F1, F2, F8, F9, F10). The gifts are zero-dollar transfers and typically reflect estate/charitable planning rather than market sentiment.
• 10b5-1 plan: at least some transactions were executed pursuant to a Rule 10b5-1 trading plan adopted Jan 8, 2026 (F3).
• Additional note: the filer discloses that reported prices are weighted averages and will provide per-lot price details on request (F4–F7).
• Shares owned after transaction: not stated in the information provided in this summary.
• Filing timeliness: this Form 4 was filed Sept 24, 2026 for transactions on Sept 22 and Sept 24; no late filing flag was indicated in the provided details.

Context

• These were outright sales (liquidity events) and gifts; gifts to charitable trusts are not a purchase signal and do not necessarily indicate the insider’s view of the company’s near-term prospects.
• The use of a 10b5-1 plan for some trades means at least part of the selling was pre-authorized and may have been scheduled in advance.
• Retail investors often view insider purchases as more informative about insider confidence; multiple, pre-planned or charitable sales are typically considered routine financial or estate planning activity rather than a directional signal.