Capozzi Christopher M. 4
4 · Ethos Technologies Inc. · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
Ethos (LIFE) CFO Christopher Capozzi Sells Shares, Receives RSU Award
What Happened
Christopher M. Capozzi, Chief Financial Officer of Ethos Technologies (LIFE), received an RSU award of 80,287 units (no cash price) and sold a total of 80,586 shares in open‑market transactions. The sales consisted of 62,955 shares at a weighted average price of $21.97 (proceeds $1,383,121) and 17,631 shares at a weighted average price of $22.72 (proceeds $400,576), for combined proceeds of about $1,783,697. The RSUs are contingent rights to receive shares upon vesting.
Key Details
- Grant: 80,287 RSUs granted on 2026-04-28 (reported as an award; 0.00 per-share).
- Vesting: 12.5% on Aug 15, 2026, then in seven equal quarterly installments thereafter (quarterly vesting dates Feb 15, May 15, Aug 15, Nov 15; business‑day adjustment). (Footnote F1)
- Sales: two open‑market disposals on 2026-05-15.
- 62,955 shares at weighted avg $21.97 (range $21.66–$22.65) — $1,383,121 (F3).
- 17,631 shares at weighted avg $22.72 (range $22.685–$22.85) — $400,576 (F4).
- Purpose: The sales were made to satisfy tax withholding on RSU vesting (F2). (Transaction code S = Sale; A = Award)
- Holdings note: The filing indicates 579,433 shares are issuable on settlement of RSUs (reporting person receives benefit only if they vest) (F5).
- Timeliness: Form 4 was filed 2026-05-19. The May 15 sales were reported within the normal two-business-day window; the Apr 28 RSU grant appears to have been reported late (filed >2 business days after grant).
Context
RSU awards represent a contingent right to receive shares upon vesting (not an immediate transfer of stock). Sales to cover tax withholding are common and are typically routine rather than a directional bet on the company. This report combines a grant (award of RSUs) and associated withholding sales; it is factual reporting of those events, not an indication of insider sentiment.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-04-28+80,287→ 745,814 total - Sale
Class A Common Stock
[F2][F3]2026-05-15$21.97/sh−62,955$1,383,121→ 682,859 total - Sale
Class A Common Stock
[F2][F4][F5]2026-05-15$22.72/sh−17,631$400,576→ 665,228 total
Footnotes (5)
- [F1]Represents a restricted stock unit ("RSU") award. The RSU will vest as to 12.5% of the RSU on August 15, 2026, and in seven equal quarterly installments thereafter, so long as the reporting person provides service through each vesting date. The quarterly vesting dates are February 15, May 15, August 15 and November 15 of a given calendar year, provided, however, that if a quarterly vesting date would ordinarily fall on a weekend or holiday, that quarterly vesting date will instead be the next business day.
- [F2]Represents shares sold to satisfy tax withholding obligations on the vesting of RSUs.
- [F3]The price reported above reflects the weighted average price of the shares sold. The sale price ranged from $21.66 to $22.65 per share, inclusive. Upon request from the SEC staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- [F4]The price reported above reflects the weighted average price of the shares sold. The sale price ranged from $22.685 to $22.85 per share, inclusive. Upon request from the SEC staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- [F5]Includes 579,433 shares issuable on settlement of RSUs, each of which represents a contingent right to receive one share of Issuer's Class A Common Stock upon vesting. The reporting person will receive a benefit with respect to an RSU only if it vests.