Everpure Insider John Colgrove Sells $12.5M in Stock via 10b5-1 Plan
Everpure, Inc.
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Filing Summary
Everpure, Inc. ($P) - Form 4 Filing
Insider: Colgrove John (Chief Visionary Officer, Director)
Transaction: Sale of 100,000 Class A Common Shares
Date: 2026-09-25 | Filing Date: 2026-09-29
Average Price: ~$124.63 | Total Value: ~$12,463,097
Direct Ownership Post-Transaction: 5,593,309 shares
Total Beneficial Ownership: 10,991,003 shares
Plan: Rule 10b5-1 (Adopted Jan 8, 2026)
Comprehensive Analysis
Insider Transaction Overview
On September 25, 2026, John Colgrove, Chief Visionary Officer and Director of Everpure, Inc. ($P), executed a series of transactions involving Class A Common Stock:
- Bona Fide Gift to Trust: Colgrove transferred 100,000 shares of Class A Common Stock directly owned to The Colgrove Family Charitable Remainder Trust (CRT) for $0 consideration.
- Charitable Remainder Trust Dispositions: The CRT subsequently sold all 100,000 shares across multiple tranches at weighted average prices ranging from $123.20 to $127.10 per share.
Transaction Details
- Total Shares Sold: 100,000
- Effective Weighted Average Price: ~$124.63 per share
- Gross Proceeds: ~$12,463,097.11
- Trading Plan: Effected under a pre-established Rule 10b5-1 trading plan adopted on January 8, 2026.
Post-Transaction Holdings
Following the transactions, John Colgrove retains substantial ownership:
- Direct Ownership: 5,593,309 shares
- Colgrove Family Living Trust: 467,694 shares
- The EEC Irrevocable Trust: 2,465,000 shares
- The RWC Irrevocable Trust: 2,465,000 shares
- Total Post-Transaction Beneficial Ownership: 10,991,003 shares
Market & Significance Assessment
While the gross value sold (~$12.5 million) is notable, the transaction represents less than 1% of Colgrove's total aggregate beneficial holdings (>10.99 million shares). Because the sales were structured via a charitable remainder trust under a pre-scheduled Rule 10b5-1 trading plan established months in advance, this activity carries Medium significance and reflects standard estate planning and diversification rather than an unscripted market signal.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
