Colis Peter George 4

What Happened
Peter G. Colis, CEO (and Secretary/Director) of Ethos Technologies (LIFE), reported sales and a conversion tied to RSU vesting. On 2026-05-15 he sold 54,890 shares (reported at $22.00 each) for $1,207,580 and 5,145 shares (reported at $22.78 each) for $117,203 — total proceeds ≈ $1,324,783. The filing also shows the conversion/acquisition of 55,848 shares from a derivative security (0.00 price), consistent with RSU settlement.

Key Details

• Transaction date: 2026-05-15; Form 4 filed 2026-05-19 (timely).
• Sales: 54,890 shares (reported $22.00; weighted price range for that lot $21.66–$22.64 per F2) and 5,145 shares (reported $22.78; weighted range $22.685–$23.06 per F4).
• Conversion: 55,848 shares acquired on conversion of a derivative security (reported at $0.00).
• Reason: Footnote F1 states the sales represent shares sold to satisfy tax withholding on RSU vesting.
• Shares owned after transaction: Not specified in the provided excerpt.
• Other notes: Form includes footnotes about RSU pool size (695,302 shares issuable on settlement per F6) and trust holdings (F8, F9).

Context
This is a routine insider sale to cover tax withholding from RSU vesting (transaction code S for sale and C for conversion). The conversion indicates RSUs or similar derivative awards were settled into common stock; part of those shares (or other holdings) were sold to satisfy taxes. Such withholding sales are common and do not necessarily signal the CEO's view on company prospects.