Colgrove John 4

What Happened

• John Colgrove, Chief Visionary Officer and Director of Everpure, had 15,956 shares withheld by the company on 2026-06-20 to satisfy income tax withholding related to the vesting and net settlement of his equity awards. The withheld shares are reported at $74.61 per share, totaling $1,190,477. This filing reports a tax-withholding/net settlement event (code F), not an open-market sale by Colgrove.

Key Details

• Transaction date and filing: Transaction reported for 2026-06-20; Form 4 filed 2026-06-23.
• Price and value: 15,956 shares at $74.61 per share = $1,190,477.
• Transaction type: Code F — shares withheld to satisfy tax withholding on vested awards (net settlement), not a sale by the reporting person.
• Ownership after transaction: Not specified in the provided filing details.
• Footnotes of note:
  • F1 clarifies shares were withheld by the issuer to meet tax withholding and remittance obligations and do not represent a sale by Colgrove.
  • F2–F4 note certain shares are held in family and irrevocable trusts (Colgrove Family Living Trust, The EEC Irrevocable Trust, The RWC Irrevocable Trust), with family members as beneficiaries where indicated.
• Timeliness: Filing date shown; no late-filing indication in the record provided.

Context

• This was a routine tax-withholding/net-settlement of vested equity, similar in effect to a cashless exercise where the company retains shares to cover taxes. Such withholdings are administrative and do not necessarily signal the insider's market view. Buyers often view purchases as more informative than routine withholdings.