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PSTG (NASDAQ: PSTG) Proposed 27,345-share sale via Form 144

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

Rhea-AI Filing Summary

PSTG submitted a Form 144 indicating a proposed sale of 27,345 shares. The filing lists recent 10b5-1 sales on 04/21/2026 by three trusts: 5,667, 5,609, and 5,564 shares, with reported proceeds of $397,037.39, $392,988.98, and $389,829.98 respectively.

Positive

  • None.

Negative

  • None.
Proposed shares to be sold 27,345 shares Form 144 summary line
10b5-1 sale by THE EEC TRUST 5,667 shares Sale dated 04/21/2026 with proceeds $397,037.39
10b5-1 sale by VCF TRUST 5,609 shares Sale dated 04/21/2026 with proceeds $392,988.98
10b5-1 sale by THE RWC TRUST 5,564 shares Sale dated 04/21/2026 with proceeds $389,829.98
Filing date or report reference 04/22/2026 Date shown near top of excerpt
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
"form_type: 144"
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 | 27345"
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.
Issuer legal
"Founders Shares | Issuer |"

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 PSTG's Form 144 mean for proposed sales?

It notifies the SEC of a proposed sale of restricted or control stock. The filing lists 27,345 shares proposed for sale and examples of recent 10b5-1 sales executed on 04/21/2026.

Which trusts executed recent 10b5-1 sales for PSTG?

Three trusts are listed. The trusts are THE EEC TRUST, VCF TRUST, and THE RWC TRUST; each reported sales on 04/21/2026 of 5,667, 5,609, and 5,564 shares respectively.

How much proceeds were reported from the April 21, 2026 sales?

Proceeds from the three 10b5-1 sales are listed. The amounts are $397,037.39, $392,988.98, and $389,829.98 for the respective trust sales on 04/21/2026.

Does the filing state who is the selling party for the proposed sale?

The filing associates recent sales with three named trusts. It identifies THE EEC TRUST, VCF TRUST, and THE RWC TRUST with addresses and sale details; no additional seller identities are provided in the excerpt.