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Pure Storage Insider's $309K Stock Sale Follows $330K Trading Pattern

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

Rhea-AI Filing Summary

Form 144 Notice of Proposed Sale filed for Pure Storage reveals insider trading activity by Daniel P. Fitzsimons. The filing indicates a proposed sale of 6,000 shares of common stock with an aggregate market value of $309,873.91, planned for execution on June 23, 2025, through Morgan Stanley Smith Barney LLC on the NYSE.

The shares were recently acquired on June 20, 2025, as Performance Shares from the issuer. The filing also discloses previous sales by Fitzsimons in the past 3 months totaling 7,849 shares with combined gross proceeds of $330,337.17, executed through multiple transactions:

  • May 12, 2025: 872 shares for $44,916.72
  • April 21, 2025: Multiple transactions totaling 6,977 shares for $285,420.45

Pure Storage currently has 326,831,678 shares outstanding. This Form 144 represents the seller's declaration of no knowledge of undisclosed material adverse information regarding the company's operations.

Positive

  • None.

Negative

  • None.

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

How many shares of PSTG stock is being sold according to the Form 144 filing from June 2025?

According to the Form 144 filing, 6,000 shares of Pure Storage (PSTG) common stock are proposed to be sold through Morgan Stanley Smith Barney LLC, with an aggregate market value of $309,873.91.

Who is selling PSTG shares in this Form 144 filing and what is their recent trading history?

Daniel P. Fitzsimons is selling PSTG shares. In the past 3 months, Fitzsimons has made several sales: 872 shares on May 12, 2025 ($44,916.72), and three separate transactions on April 21, 2025 totaling 6,977 shares (combined proceeds of $285,420.45).

How did the PSTG insider acquire the shares being sold in this Form 144?

The shares were acquired on June 20, 2025 as Performance Shares from the issuer (Pure Storage). The filing indicates these 6,000 shares were received as performance-based compensation rather than through a market purchase.

What is the total outstanding shares of PSTG stock according to the June 2025 Form 144?

According to the Form 144 filing, Pure Storage (PSTG) has 326,831,678 shares outstanding as of the filing date.

When is the planned sale date for the PSTG shares in this Form 144 filing?

The Form 144 indicates an approximate date of sale of June 23, 2025 for the 6,000 shares to be sold on the NYSE.
Pure Storage Inc

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24.38B
348.89M
Computer Hardware
Computer Storage Devices
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United States
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