Colis Peter George 4
4 · Ethos Technologies Inc. · Filed Jan 30, 2026
Research Summary
AI-generated summary of this filing
Ethos (LIFE) CEO Peter Colis Converts Derivatives; 562,993 Shares Withheld
What Happened Peter G. Colis, CEO (and Secretary/Director) of Ethos Technologies, had 562,993 shares withheld on Jan 29, 2026 to satisfy tax withholding on vested RSUs, and on Jan 30, 2026 converted several derivative securities into Class B common shares. Reported transactions show conversions of 6,154,683; 128,893; and 214,822 share-equivalent derivative securities into the same number of shares (all reported at $0.00 per share, total value $0).
Key Details
- Transaction dates: Jan 29, 2026 (tax withholding on RSUs); Jan 30, 2026 (conversion of derivatives into shares).
- Tax withholding: 562,993 shares were disposed (withheld) to satisfy tax obligations on RSU vesting (Footnote F1). Reported price $0.00; cash value reported $0.
- Derivative conversions: On Jan 30, derivative securities representing 6,154,683; 128,893; and 214,822 share-equivalents were converted into the same number of shares. The filing shows both the derivative securities disposed and the underlying shares acquired (all reported at $0.00).
- RSU detail: Filing notes 811,183 shares are issuable on settlement of RSUs (Footnote F2).
- Share form/convertibility: Footnotes indicate Class A shares were exchanged 1:1 for Class B upon the IPO (F3) and that Class B shares are convertible into Class A shares in certain circumstances (F6).
- Holdings after transaction: The filing excerpt provided does not state total shares owned by the reporting person after these transactions.
- Filing timeliness: Reported on Jan 30, 2026 covering transactions on Jan 29–30; no late filing flag indicated in the provided data.
Context
- These transactions are largely administrative: tax-withholding on vested RSUs (routine disposition) and conversion/settlement of derivative securities into underlying shares (not an open-market purchase or sale). Conversions are common when RSUs vest or when derivative securities are settled; the filing reports the derivative being disposed and the resulting shares acquired.
- Because there was no cash purchase and the reported dollar values are $0, these entries reflect equity issuance/settlement mechanics rather than a market-direction trade.
Insider Transaction Report
Form 4
Colis Peter George
DirectorCEO and Secretary
Transactions
- Tax Payment
Class A Common Stock
[F1][F2]2026-01-29−562,993→ 6,965,866 total - Conversion
Class A Common Stock
[F3]2026-01-30−6,154,683→ 811,183 total - Conversion
Class A Common Stock
[F3][F4]2026-01-30−128,893→ 0 total(indirect: By Trust) - Conversion
Class A Common Stock
[F3][F5]2026-01-30−214,822→ 0 total(indirect: By Trust) - Conversion
Class B Common Stock
[F3][F6]2026-01-30+6,154,683→ 6,154,683 total→ Class A Common Stock (6,154,683 underlying) - Conversion
Class B Common Stock
[F3][F6][F4]2026-01-30+128,893→ 128,893 total(indirect: By Trust)→ Class A Common Stock (128,893 underlying) - Conversion
Class B Common Stock
[F3][F6][F5]2026-01-30+214,822→ 214,822 total(indirect: By Trust)→ Class A Common Stock (214,822 underlying)
Footnotes (6)
- [F1]Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units ("RSUs") prior to the open of trading on January 29, 2026 to satisfy the tax obligation realized upon vesting of such RSUs.
- [F2]Includes 811,183 shares issuable on settlement of restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of Issuer's Class A Common Stock upon vesting and may be exchanged at a 1:1 ratio for a share of Class B Common Stock.
- [F3]Upon the completion of the Issuer's initial public offering of Class A Common Stock ("IPO"), each share of Class A Common Stock was exchanged at a 1:1 ratio for shares of Class B Common Stock.
- [F4]Shares held by John N. Colis, not individually, but solely as Trustee of the Peter G. Colis Family Trust U/A/D 7/4/2021.
- [F5]Shares held by Cresset Trust Company, a South Dakota-charted public trust company solely as Trustee of the PGC Beta Trust U/A/D 10/18/2024.
- [F6]Each share of Class B Common Stock held by the Reporting Person will automatically convert into one share of Class A Common Stock upon the sale or transfer of such share of Class B Common Stock, subject to certain exceptions, and in certain other circumstances described in the Issuer's amended and restated certificate of incorporation. Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock. The Class B Common Stock has no expiration date.
Signature
/s/ Porter Nolan, Attorney-in-Fact|2026-01-30