Everpure Chief Visionary Officer John Colgrove Sells Shares

What Happened

• John Colgrove, Everpure, Inc. Chief Visionary Officer and director, reported open-market sales of 200,000 shares on August 11–12, 2026, generating approximately $21.6 million in proceeds. Sales occurred in multiple transactions at weighted-average prices roughly between $100 and $113.65 per share.
• The filing also reports gifts of 100,000 shares on August 11 and 100,000 shares on August 12 that, per the footnote, were made to the Colgrove Family Charitable Remainder Trust. Gifts are separate from the open-market sales and do not represent market purchases.

Key Details

• Transaction dates: Aug 11–12, 2026 (filing date: Aug 13, 2026 — filed within the typical 2-business-day Form 4 window).
• Shares sold (open market/private sale): 200,000 shares; proceeds ≈ $21,585,846.
• Reported sale lots and weighted-average prices (examples): 8,728 @ $100.32; 38,333 @ $111.24; 36,984 @ $111.77; 10,293 @ $113.65 (multiple other lots at intermediate prices).
• Gifts: Two 100,000-share gifts reported (one on Aug 11, one on Aug 12) to the Colgrove Family Charitable Remainder Trust (footnote F1/F2).
• Footnotes: Several sales are reported as weighted-average prices with specified price ranges; at least one transaction is noted as effected pursuant to a Rule 10b5-1 trading plan adopted Jan 8, 2026 (footnote F3). Other footnotes identify various family trusts as shareholders.
• Shares owned after transaction: Not specified in the provided data from the filing.

Context

• Sales: Insider sales are often routine (liquidity, diversification, pre-set trading plans); the filing shows sizable, staged sales over two days and includes at least one 10b5-1 plan reference, which indicates pre-arranged trades for some portion of the activity.
• Gifts: Transfers to a charitable remainder trust are tax/estate planning actions and do not necessarily indicate the insider’s view of the company’s prospects.
• Weighted-average pricing: Several aggregated sale lines use weighted-average prices because shares were sold in multiple trades across small price ranges; the filer offers to provide a breakdown on request.