Lantz Erin N 4

What Happened
Erin Lantz, Chief Revenue Officer of Ethos Technologies (LIFE), exercised derivatives and then sold shares. On Jan 28, 2026 she exercised/converted 85,244 derivative shares (recorded at $2.98 each) for a reported cash cost of $254,027. A tax-withholding event on Jan 29 withheld 64,787 shares. On Jan 30, 2026 she sold 162,677 shares in an open-market transaction at $17.86 per share, generating proceeds of approximately $2,905,411.

Key Details

• Transactions and amounts:
  • 2026-01-28: Exercise/conversion (code M) — 85,244 shares acquired at $2.98; total $254,027.
  • 2026-01-29: Tax withholding (code F) — 64,787 shares withheld (reported $0 sale/transfer) to cover taxes on RSU vesting.
  • 2026-01-30: Open-market sale (code S) — 162,677 shares sold at $17.86; proceeds $2,905,411.
• Shares owned after transaction: Not specified in the provided Form 4 excerpt.
• Notable footnotes:
  • F1: 64,787 shares were withheld to satisfy tax obligations on RSU vesting prior to market open on Jan 29, 2026.
  • F2: Filing references 190,979 shares issuable upon settlement of RSUs (each RSU converts to one share).
  • F3: Those RSUs are fully vested.
• Filing timeliness: Form 4 filed 2026-01-30; this appears to be within the SEC’s typical two-business-day reporting window and is not indicated as late.

Context
This sequence shows a common pattern: exercise/conversion of derivative/RSU rights followed by a sale. The exercised shares (low exercise price) and the subsequent open-market sale at a much higher price generated the reported proceeds. The tax withholding entry reflects shares surrendered to cover tax obligations on RSU vesting rather than an independent market sale.