Everpure Director Mallun Yen Sells $1.76M in Stock via 10b5-1 Plan
Everpure, Inc.
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Filing Summary
# Insider Transaction Alert: Everpure, Inc. (NYSE: P)
**Insider:** Yen Mallun
**Role:** Director
**Transaction Date:** 2026-10-06
**Filing Date:** 2026-10-08
### Transaction Summary
- **Action:** Open Market Sale (Rule 10b5-1)
- **Shares Sold:** 11,942
- **Weighted Avg Price:** ~$146.97
- **Total Transaction Value:** $1,755,068.17
- **Post-Transaction Holdings:** 31,339 shares (Direct)
### Key Notes
- Executed pursuant to a Rule 10b5-1 trading plan adopted on July 7, 2026.
- Sold in four tranches ranging between $145.28 and $148.64 per share.
Comprehensive Analysis
Executive Summary
On October 8, 2026, Everpure, Inc. (Ticker: P, CIK: 0001474432) filed a Form 4 disclosing open market sales of Class A Common Stock by Director Mallun Yen. Across four tranches on October 6, 2026, the insider sold an aggregate of 11,942 shares at a weighted average price of approximately $146.97, realizing gross proceeds of approximately $1.76 million.
Transaction Breakdown
The transactions were executed in multiple price ranges pursuant to a pre-arranged Rule 10b5-1 trading plan:
- 3,899 shares sold at a weighted average price of $145.95 (range: $145.28 – $146.04)
- 3,860 shares sold at a weighted average price of $146.99 (range: $146.38 – $147.32)
- 3,883 shares sold at a weighted average price of $147.84 (range: $147.43 – $148.37)
- 300 shares sold at a weighted average price of $148.55 (range: $148.49 – $148.64)
Context and Holdings Analysis
- Pre-Transaction Holdings: 43,281 shares
- Disposed: 11,942 shares (~27.6% of direct holdings)
- Post-Transaction Direct Holdings: 31,339 shares
- Rule 10b5-1 Plan: The sales were executed under a Rule 10b5-1 trading plan adopted on July 7, 2026, satisfying the required cooling-off period prior to execution.
Conclusion
While the disposition represents roughly 27.6% of the director's direct position in Everpure, the planned nature of the execution via a 10b5-1 trading plan moderates concerns of discretionary insider timing.
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