Ethos (LIFE) Director Nathan J. Niparko Receives RSU Award
$LIFE · Ethos Technologies Inc.Research Summary
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Ethos (LIFE) Director Nathan J. Niparko Receives RSU Award
What Happened
Nathan J. Niparko, a director of Ethos Technologies Inc. (ticker: LIFE), received a grant of 6,927 restricted stock units (RSUs) on August 8, 2026. The award was reported at $0.00 per share (no cash consideration at grant). RSUs convert into shares upon vesting; this is a compensation award rather than an open‑market purchase or sale.
Key Details
- Transaction date: 2026-08-08; Form 4 filed 2026-08-11. Filing timeliness is not specified in the excerpt.
- Transaction type/code: Grant/Award (A). Amount: 6,927 RSUs at $0.00 per share.
- Vesting (Footnote F1): 25% vest on each of Nov 8, 2026; Feb 8, 2027; May 8, 2027; and Aug 8, 2027, but the unvested portion vests in full on the earlier of the first anniversary of the grant or the issuer’s 2027 annual meeting, subject to continued service.
- Shares owned after transaction: Not specified in the provided filing excerpt. Footnote F2 notes that counts include shares issuable on settlement of RSUs.
- Other footnotes: F3 refers to securities received via pro rata in‑kind distributions that were exempt from Section 16 reporting (Rule 16a‑9). F4 indicates some shares are held by the Nathan J. Niparko and Kelly Niparko, Co‑Trustees of the Niparko Living Trust (Reporting Person is a trustee).
Context
RSUs are a common form of equity compensation that convert to common shares as they vest; they do not require upfront cash from the recipient. Such grants are typically compensation-related and do not by themselves indicate an insider's buying or selling sentiment. The trust and pro rata distribution footnotes describe how some holdings are held and how certain prior receipts were treated for reporting purposes.