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Brokered 10b5-1 Sales by Trusts for PSTG (NASDAQ: PSTG) — Form 144

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC submitted Section 144 notices reporting brokered 10b5-1 sales of Common shares on behalf of several trusts. The excerpt lists three trades executed 04/21/2026: 5,667, 5,609, and 5,564 shares, with corresponding proceeds shown in dollar amounts. The filings identify the selling parties as named trusts and list the security class as Founders Shares.

Positive

  • None.

Negative

  • None.

Insights

Broker-reported 10b5-1 dispositions by trusts via Form 144; routine selling notices.

The filing shows broker-facilitated sales executed under 10b5-1 plans on 04/21/2026, listing share counts and gross proceeds per trade. These are notifications required when restricted/affiliate shares are sold in reliance on Rule 144.

Cash-flow treatment and aggregate post-sale holdings are not provided in the excerpt; subsequent filings or broker confirmations would show settlement details and any remaining restricted holdings.

Shares sold (trade 1) 5,667 shares 10b5-1 sale on 04/21/2026
Proceeds (trade 1) $397,037.39 gross proceeds shown for 5,667-share sale on 04/21/2026
Shares sold (trade 2) 5,609 shares 10b5-1 sale on 04/21/2026
Proceeds (trade 2) $392,988.98 gross proceeds shown for 5,609-share sale on 04/21/2026
Shares sold (trade 3) 5,564 shares 10b5-1 sale on 04/21/2026
Proceeds (trade 3) $389,829.98 gross proceeds shown for 5,564-share sale on 04/21/2026
10b5-1 regulatory
"10b5-1 Sales for THE EEC TRUST U/A DTD 02/08/2011"
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.
Form 144 regulatory
"144: Securities Sold During The Past 3 Months"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Founders Shares market
"Founders Shares | Issuer | 27464 | 06/06/2012"
Founders shares are a special block of a company’s stock originally given to the people who started the business; they often carry extra voting power or favorable terms compared with regular shares. For investors, these shares matter because they concentrate control and influence how future funding, ownership dilution, and decision-making will play out—think of founders shares as the steering wheel that can steer a company’s direction even as more passengers (investors) climb aboard.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does the PSTG Form 144 filing report?

It reports brokered sales of Common shares by trusts under 10b5-1. The excerpt lists three trades on 04/21/2026 showing share counts (5,667; 5,609; 5,564) and gross proceeds in dollars for each trade.

Who executed the trades shown in the PSTG excerpt?

Morgan Stanley Smith Barney LLC acted as broker for trust holders. The selling parties are named trusts (for example, THE EEC TRUST and VCF TRUST) and the trades are identified as 10b5-1 sales.

How many shares were sold in each transaction listed?

The excerpt shows three sales of 5,667; 5,609; and 5,564 shares. Each line pairs the share count with a dollar amount labeled as proceeds for that specific trade on 04/21/2026.

Do these Form 144 notices state who receives the sale proceeds?

The excerpt lists dollar proceeds per trade but does not state recipient details. It identifies the broker and trusts as selling parties; explicit payee or net-vs-gross treatment is not provided in the excerpt.