Ethos Technologies Inc.·4

May 19, 8:29 PM ET

Kucharski Brandt Walter 4

Research Summary

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Updated

Ethos (LIFE) Chief Accounting Officer Receives RSUs, Sells Shares

What Happened

  • Brandt Kucharski, Ethos Technologies' Chief Accounting Officer, was granted 56,769 restricted stock units (RSUs) on 2026-04-28 (acquired at $0.00). On 2026-05-15 he sold a total of 5,823 shares: 5,324 shares at a weighted average price of $22.00 (≈ $117,128) and 499 shares at a weighted average price of $22.66 (≈ $11,307), for total proceeds of about $128,435. The sales were reported as open-market disposals and were used to satisfy tax withholding on RSU vesting.

Key Details

  • Grant: 56,769 RSUs on 2026-04-28 (no cash paid).
  • Sales: 5,324 shares @ weighted avg $22.00 (sale price range reported $21.51–$22.50) and 499 shares @ weighted avg $22.66 (range $22.58–$22.76) on 2026-05-15; combined proceeds ≈ $128,435.
  • Tax withholding: Footnote states these shares were sold to satisfy tax withholding obligations on RSU vesting.
  • RSU holdings: Filing notes 105,994 shares are issuable on settlement of RSUs (contingent on vesting).
  • Vesting schedule: RSU vests 12.5% on Aug 15, 2026, then in seven equal quarterly installments thereafter (quarterly vesting dates: Feb 15, May 15, Aug 15, Nov 15, adjusted to next business day if needed).
  • Filing: Form 4 filed 2026-05-19 covering transactions through 2026-05-15; filing appears timely.

Context

  • RSUs are awards that convert to shares only if they vest; the April grant increases potential future ownership but does not represent an immediate cash purchase. The May sales were reported as tax-withholding disposals, a routine administrative step that does not necessarily indicate a change in confidence.