Kucharski Brandt Walter 4

What Happened

• Brandt Kucharski, Chief Accounting Officer of Ethos Technologies (LIFE), reported two related transactions tied to RSU vesting and a subsequent open‑market sale. On 2026-01-29, 53,237 shares were withheld (reported as disposed at $0.00) to satisfy tax withholding obligations on vested RSUs. On 2026-01-30, Kucharski sold 12,428 shares in an open‑market transaction at $17.86 per share, generating proceeds of $221,964. These are sales (not purchases).

Key Details

• Transaction dates and prices:
  • 2026-01-29: 53,237 shares withheld for tax withholding (reported at $0.00) — footnote says withholding satisfied tax on RSU vesting prior to market open on Jan 29, 2026.
  • 2026-01-30: Open market sale of 12,428 shares at $17.86 each = $221,964.
• Holdings note: Filing states it includes 63,727 shares issuable on settlement of RSUs (each RSU = contingent right to one share).
• Filing timeliness: Form 4 was filed 2026-01-30 (same day as the reported sale and day after the withholding), so the filing does not appear to be late.
• Transaction codes: F = tax withholding (share surrender), S = open market sale.

Context

• The 53,237‑share disposition reflects shares withheld to pay taxes on vested RSUs (a routine, non‑market purchase/sale action), not a cashless option exercise. The separate open‑market sale of 12,428 shares converted part of the insider’s holdings to cash. Such sales can be routine (to cover taxes, diversify, or for personal liquidity) and do not by themselves indicate management’s view of the company’s prospects.