Zevia PBC·4

Mar 30, 7:01 PM ET

Taylor Amy 4

4 · Zevia PBC · Filed Mar 30, 2026

Research Summary

AI-generated summary of this filing

Updated

Zevia CEO Amy Taylor Receives RSU Award; Sells Shares to Cover Taxes

What Happened

  • Amy Taylor, President & CEO and a director of Zevia PBC (ZVIA), received an award of 1,021,277 restricted stock units (RSUs) on March 26, 2026 (no cash paid). Those RSUs vest in four equal annual installments beginning March 26, 2026.
  • Around the same time she sold a total of 144,008 shares in open-market transactions on March 26–30, 2026, generating aggregate proceeds of approximately $166,069. The filing indicates these sales were "sell-to-cover" transactions to satisfy tax withholding obligations related to RSU settlements and not discretionary trading.

Key Details

  • Grant: 1,021,277 RSUs granted on 2026-03-26 (each RSU converts to one share upon settlement); settlement occurs within 30 days after each vesting date (vests 1/4 each year).
  • Sales (open market/private sale):
    • 2026-03-26: 66,731 shares, weighted avg price $1.17, proceeds $77,902 (sell-to-cover; relates to 169,394 RSUs per footnote).
    • 2026-03-27: 66,501 shares, weighted avg price $1.14, proceeds $75,645 (sell-to-cover; relates to 202,882 RSUs per footnote).
    • 2026-03-30: 10,776 shares, weighted avg price $1.16, proceeds $12,522.
    • Total sold: 144,008 shares for ~$166,069.
  • Price ranges: the filing lists weighted-average ranges across the trades (roughly $1.12–$1.20 depending on lot; detailed breakdown available in the SEC filing).
  • Holdings: the filing’s footnotes reference other RSUs and spouse-held shares (e.g., footnote notes 1,820,212 RSUs included among holdings and 1,021,277 RSUs start vesting 3/26/2026). The filing does not state a single consolidated “shares owned after” total in the summary lines.
  • Filing timeliness: Reported on 2026-03-30 covering transactions from 2026-03-26 to 2026-03-30; filing appears timely under Section 16 reporting requirements.
  • Footnote context: sales are identified as tax-withholding "sell to cover" transactions (not discretionary sales).

Context

  • RSU grants are awards that convert to shares as they vest; the reported sales were made to cover taxes tied to RSU settlements rather than as standalone investment sales.
  • For retail investors, receiving RSUs signals management compensation/retention; sell-to-cover transactions are routine and do not necessarily indicate CEO sentiment about the stock.

Insider Transaction Report

Form 4
Period: 2026-03-26
Taylor Amy
DirectorPresident & CEO
Transactions
  • Award

    Class A Common Stock

    [F1]
    2026-03-26+1,021,2772,534,125 total
  • Sale

    Class A Common Stock

    [F2][F3]
    2026-03-26$1.17/sh66,731$77,9022,467,394 total
  • Sale

    Class A Common Stock

    [F4][F5]
    2026-03-27$1.14/sh66,501$75,6452,400,893 total
  • Sale

    Class A Common Stock

    [F4][F6][F7]
    2026-03-30$1.16/sh10,776$12,5222,390,117 total
Holdings
  • Class A Common Stock

    [F8]
    (indirect: By Spouse)
    5,500
Footnotes (8)
  • [F1]Represents restricted stock units ("RSUs") granted under the Zevia PBC 2021 Equity Incentive Plan (the "2021 Plan"). Each RSU represents the right to receive one share of Class A Common Stock of the Issuer. The RSUs vest in 1/4 increments on each anniversary of March 26, 2026 and are settled within 30 days following each vesting date.
  • [F2]The transaction reported reflects the sale of shares of Class A Common Stock in satisfaction of the Reporting Person's tax liability in connection with the settlement of 169,394 RSUs. This sale was made to satisfy tax withholding obligations through a "sell to cover" transaction and does not represent a discretionary trade made by the Reporting Person.
  • [F3]The price reported in Column 4 is a weighted average sale price of the Issuer's Class A Common Stock. These shares were sold in multiple transactions at prices ranging from $1.15 to $1.20, inclusive. The Reporting Person undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  • [F4]The transaction reported reflects the sale of shares of Class A Common Stock in satisfaction of the Reporting Person's tax liability in connection with the settlement of 202,882 RSUs. This sale was made to satisfy tax withholding obligations through a "sell to cover" transaction and does not represent a discretionary trade made by the Reporting Person.
  • [F5]The price reported in Column 4 is a weighted average sale price of the Issuer's Class A Common Stock. These shares were sold in multiple transactions at prices ranging from $1.12 to $1.17, inclusive. The Reporting Person undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  • [F6]The price reported in Column 4 is a weighted average sale price of the Issuer's Class A Common Stock. These shares were sold in multiple transactions at prices ranging from $1.13 to $1.195, inclusive. The Reporting Person undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  • [F7]Includes 1,820,212 RSUs. Each RSU represents the right to receive one share of Class A Common Stock of the Issuer. 219,423 RSUs began vesting in 1/4 increments on each anniversary of March 17, 2023 and are settled within 30 days following each vesting date. 600,000 RSUs began vesting in 1/4 increments on each anniversary of March 11, 2024 and are settled within 30 days following each vesting date. 592,105 RSUs began vesting in 1/4 increments on each anniversary of March 14, 2025 and are settled within 30 days following each vesting date. 1,021,277 RSUs begin vesting in 1/4 increments on each anniversary of March 26, 2026 and will be settled within 30 days following each vesting date.
  • [F8]Represents shares held by Reporting Person's spouse.
Signature
/s/ Carnation Jafari, Attorney-in-Fact for Amy E. Taylor|2026-03-30

Documents

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