Portworx by Everpure Makes Data Management Native to Red Hat OpenShift

Everpure (NYSE:P) announced new Portworx capabilities that make storage, data protection, and disaster recovery management native inside the Red Hat OpenShift console.

Rhea-AI Summary

Everpure (NYSE:P) announced new Portworx capabilities that make storage, data protection, and disaster recovery management native inside the Red Hat OpenShift console. The update targets AI workloads, containers, and VMs across cloud, edge, and on-premises environments.

Key releases include Portworx Enterprise 3.6, Portworx Plugin 2.2 for Red Hat OpenShift with integrated Red Hat Advanced Cluster Management, and Portworx Backup 2.11, plus Portworx for Edge for two-to-five node Kubernetes clusters.

Argus May 11 session

+11.75% close to close Open Argus

Details

News Market Reaction – P

On May 11, the day this news came out, P closed 11.75% above the previous close.

Data tracked by StockTitan Argus for the May 11 session.

Key Figures

Market value (10-K): $17.0 billion Shares outstanding: 330,460,930 Public float: 312,750,122 shares +5 more

Market value (10-K)

$17.0 billion

Aggregate market value as of August 3, 2025

Shares outstanding

330,460,930

Class A shares as of March 18, 2026 (10-K)

Public float

312,750,122 shares

Shares float from risk context

Insider sale block

134,265 shares

Total Form 4 shares sold by Colgrove trust in May 2026

Rule 144 proceeds

$2,557,196.95

Proceeds from 34,265-share sale in May 6, 2026 Form 144

Proposed resale size

100,000 shares

Common shares listed in May 5, 2026 Form 144

Edge cluster size

2–5 nodes

Portworx data management for two-to-five node Kubernetes clusters at the edge

Product versions

3.6 / 2.2 / 2.11

Portworx Enterprise 3.6, Plugin 2.2, Backup 2.11 released

Historical Context

1 past event · Latest: May 06

1 event

1. May 06

   Earnings call scheduling

   24h Move

   +2.2%

   Announced Q1 FY27 results date and investor conference participation.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

kubernetes, virtual machines, disaster recovery, hybrid cloud, +3 more

7 terms

kubernetes technical

"Simplify Kubernetes operations by managing storage, data protection, and disaster recovery"

Kubernetes is an open-source system that automates running and managing many pieces of software across groups of computers, like a conductor coordinating musicians so each piece plays at the right time and place. For investors, it matters because companies that use it can deploy updates faster, scale services up or down automatically, and cut infrastructure costs — factors that influence growth, reliability and operating margins.

virtual machines technical

"across AI workloads, containers, and virtual machines (VMs)"

A virtual machine is a software-created computer that runs inside a physical server, allowing one piece of hardware to behave like many separate computers. For investors, virtual machines matter because they enable companies to scale computing capacity, reduce costs, and deploy new services quickly—similar to renting multiple apartments inside a single building instead of buying separate houses, which can improve efficiency and influence profitability and capital needs.

disaster recovery technical

"manage Portworx storage and disaster recovery capabilities from within the OpenShift UI"

A plan and set of actions a company uses to restore its critical systems, data, facilities and operations after a major disruption such as a natural disaster, cyberattack or infrastructure failure. Investors care because strong disaster recovery reduces the chance of prolonged downtime, unexpected costs and lost revenue — like a business’s emergency backup and repairs that protect value, reputation and future cash flow.

hybrid cloud technical

"Product Management, Hybrid Cloud Platforms, Red Hat"

A hybrid cloud is a computing setup that mixes a company’s own servers with rented services from public cloud providers, letting businesses choose where each application and dataset lives. Think of it like keeping valuables in a private safe while also using a nearby storage unit for overflow; this matters to investors because it influences a company’s costs, flexibility, regulatory risk and ability to scale or offer new services, all of which affect profitability and competitive strength.

10b5-1 financial

"pre‑arranged Rule 10b5‑1 trading plan"

A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.

rule 144 regulatory

"reported insider dispositions under Rule 144/10b5-1 plans"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

View in glossary

form 4 regulatory

"Form 4] Everpure, Inc. Insider Trading Activity"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

View in glossary

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Simplify Kubernetes operations by managing storage, data protection, and disaster recovery for AI workloads, containers and VMs directly within the Red Hat OpenShift console.

SANTA CLARA, Calif., May 11, 2026 /PRNewswire/ -- Everpure (NYSE: P), the company revolutionizing storage and data management, today announced new capabilities for Red Hat OpenShift users designed to deliver a native Kubernetes experience for managing storage and data across AI workloads, containers, and virtual machines (VMs).

"Enterprises shouldn't have to juggle separate platforms for VMs and containers as they scale existing applications and emerging workloads like AI and edge," said Greg Muscarella, General Manager, Portworx. "Portworx and Red Hat simplify this challenge by enabling enterprises to manage Portworx storage and disaster recovery capabilities from within the OpenShift UI. Together, Red Hat and Everpure deliver a single, powerful platform for all their workloads at scale."

Accelerating AI-Ready Infrastructure

As enterprises build AI foundations, they are evolving their data architectures to support the scale and speed of modern workloads. By adopting systems designed for highly efficient, automated, and intelligence-driven operations native to Kubernetes, organizations can meet modern performance demands and strict data sovereignty requirements, while maintaining consistent data services across cloud, edge, and on-premises environments.

"Red Hat OpenShift is at the core of modern enterprise transformation, delivering a hybrid application platform that can manage any workload across any environment with consistency," said Steve Gordon, senior director, Product Management, Hybrid Cloud Platforms, Red Hat. "By bringing Portworx's comprehensive data management—including storage, protection, and disaster recovery—directly into the Red Hat OpenShift console, we are providing a unified experience for customers to accelerate their infrastructure modernization and confidently run AI, containers, and VMs at scale."

New Capabilities for Data Management

Portworx Plugin 2.2 for Red Hat OpenShift brings storage and data management directly into the Red Hat OpenShift console, making it easy for teams to monitor and protect their data without using complex command-line tools. With integrated support for Red Hat Advanced Cluster Management, teams have a single pane of glass to orchestrate disaster recovery for VMs and containers across sites.

Portworx for Edge enables organizations to cost-effectively modernize their edge infrastructure. Supported on Red Hat OpenShift, Portworx helps ensure data stays local and compliant by providing automated data protection and encryption for small clusters, extending enterprise-grade data management to two-to-five node Kubernetes clusters at the edge.

The new capabilities are available now, including Portworx Enterprise 3.6, Portworx Plugin 2.2 for Red Hat OpenShift and Portworx Backup 2.11.

Additional Information

• OpenShift 2.2 Blog
• Portworx on Red Hat OpenShift Reference Architecture
• Kubernetes Native Data Services for Edge Computing

About Everpure

Everpure (NYSE:P) allows organizations to take control of their data with an industry-leading, ever-evolving storage and data management platform. We help companies unleash the power of their data by ensuring it is accessible, intelligent, and ready to perform in the AI era. We make data management effortless while simultaneously scaling performance and significantly reducing energy consumption. With one of the highest Net Promoter Scores for over a decade, Everpure is the choice of the world's most innovative organizations. For more information, visit www.everpuredata.com.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/portworx-by-everpure-makes-data-management-native-to-red-hat-openshift-302768419.html

SOURCE Everpure

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Everpure (NYSE:P) announce about Portworx and Red Hat OpenShift on May 11, 2026?

Everpure announced new Portworx capabilities that make data management native to the Red Hat OpenShift console. According to Everpure, users can now manage storage, protection, and disaster recovery for AI workloads, containers, and VMs directly within the OpenShift UI.

How does Portworx Plugin 2.2 improve Red Hat OpenShift data management for Everpure (P) customers?

Portworx Plugin 2.2 brings storage and data management directly into the Red Hat OpenShift console. According to Everpure, this lets teams monitor and protect data without complex command-line tools and use Red Hat Advanced Cluster Management for cross-site disaster recovery.

What are the key new Portworx product versions Everpure (P) released for Red Hat OpenShift?

Everpure released Portworx Enterprise 3.6, Portworx Plugin 2.2 for Red Hat OpenShift, and Portworx Backup 2.11. According to Everpure, these versions focus on native Kubernetes data services for AI, containers, VMs, and unified disaster recovery orchestration.

How does Portworx for Edge support Kubernetes edge computing for Everpure (NYSE:P) users?

Portworx for Edge enables organizations to modernize edge infrastructure on Red Hat OpenShift. According to Everpure, it keeps data local and compliant with automated protection and encryption for small, two-to-five node Kubernetes clusters at the edge.

How do the new Everpure Portworx capabilities help manage AI workloads on Red Hat OpenShift?

The new capabilities provide a native Kubernetes experience for AI data management in Red Hat OpenShift. According to Everpure, enterprises can manage storage, protection, and disaster recovery for AI workloads consistently across cloud, edge, and on-premises environments.

What is the role of Red Hat Advanced Cluster Management in Everpure’s Portworx update?

Red Hat Advanced Cluster Management integrates with Portworx Plugin 2.2 to coordinate disaster recovery. According to Everpure, this gives teams a single pane of glass to orchestrate DR for virtual machines and containers across multiple sites from the OpenShift console.