Everpure Chief Visionary Officer John Colgrove Sells $14.5M via Charitable Trust Under 10b5-1 Plan
Everpure, Inc.
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Filing Summary
{"title": "Everpure, Inc. (P) Insider Transaction: John Colgrove", "color": 15158332, "fields": [{"name": "Insider / Role", "value": "John Colgrove (Chief Visionary Officer & Director)", "inline": true}, {"name": "Transaction Type", "value": "Sale (Rule 10b5-1)", "inline": true}, {"name": "Total Shares Sold", "value": "100,000", "inline": true}, {"name": "Average Price", "value": "$144.97", "inline": true}, {"name": "Total Sale Value", "value": "$14,497,166.76", "inline": true}, {"name": "Remaining Ownership", "value": "10,691,003 shares", "inline": true}], "footer": {"text": "Form 4 Filing Date: 2026-10-16"}}
Comprehensive Analysis
Insider Transaction Overview: Everpure, Inc. (NYSE: P)
On October 14, 2026, John Colgrove, Chief Visionary Officer and Director of Everpure, Inc., executed a series of open-market transactions involving Class A Common Stock.
Transaction Summary
- Charitable Contribution (Gift):
- Mr. Colgrove transferred 100,000 shares of Class A Common Stock from his direct holdings to The Colgrove Family Charitable Remainder Trust (Transaction Code
G).
- Mr. Colgrove transferred 100,000 shares of Class A Common Stock from his direct holdings to The Colgrove Family Charitable Remainder Trust (Transaction Code
- Trust Sales:
- The trust subsequently sold all 100,000 shares on October 14, 2026, across 12 tranches at weighted average prices ranging from $141.31 to $153.68.
- Total Consideration: Approximately $14.50 million (blended average price of ~$144.97 per share).
- Plan Details: The sales were conducted pursuant to a pre-established Rule 10b5-1 trading plan adopted on January 8, 2026.
Post-Transaction Holdings
Following the disposition of the gifted shares by the charitable remainder trust:
- Direct Holdings: 5,393,309 shares
- Indirect Holdings:
- Colgrove Family Living Trust: 467,694 shares
- The EEC Irrevocable Trust: 2,415,000 shares
- The RWC Irrevocable Trust: 2,415,000 shares
- The Colgrove Family Charitable Remainder Trust: 0 shares
- Total Beneficial Ownership: 10,691,003 shares
Market Significance
The sale represents less than 1% of Mr. Colgrove's overall beneficial equity position and was executed entirely through a pre-arranged Rule 10b5-1 trading plan via a charitable trust vehicle. Given the structure and minimal change to his overall significant ownership stake, the trading significance is assessed as Medium.
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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.
