Colgrove John 4

What Happened

• John Colgrove, Chief Visionary Officer and a director of Everpure, reported multiple open‑market/private sales on May 11, 2026 totaling 200,000 shares for aggregate proceeds of $17,185,628 (about $17.19M).
• The Form 4 also shows a 100,000‑share gift to the Colgrove Family Charitable Remainder Trust (reported as $0) and a matching 100,000‑share acquisition entry (also $0) related to that trust (Footnote F1). These gift entries do not reflect market purchases or sales.

Key Details

• Transaction date: May 11, 2026; Form filed May 13, 2026 (timely filing).
• Total sold: 200,000 shares; total proceeds reported: $17,185,628 (~$17.19M). Sales recorded as open market/private sales.
• Gift: 100,000 shares reported gifted to the Colgrove Family Charitable Remainder Trust (Footnote F1).
• Some sales were effected pursuant to a Rule 10b5‑1 trading plan adopted Jan 8, 2026 for the applicable trust (Footnote F3).
• Reported per‑share prices are weighted averages; the filing discloses that the multiple trades were executed across price ranges roughly $82.90 to $93.63 per share (see Footnotes F4–F17 for tranche ranges).
• Shares owned after the transactions are not specified in the provided filing data.

Context

• Gifts to charitable trusts are non‑market transfers and do not necessarily signal the insider’s market view.
• Sales under a 10b5‑1 plan indicate pre‑arranged trades and can be routine liquidity events rather than active, opportunistic selling.
• This report documents substantial insider selling in dollar terms (~$17.2M), but the filing provides weighted‑average price ranges and trust designations—review footnotes for tranche‑level details if you need the exact per‑trade pricing.