PSTG (ticker: PSTG) insider files to sell 7,187 common shares
Rhea-AI Filing Summary
PSTG insider plans to sell common shares under Rule 144. A notice was filed to sell 7,187 shares of common stock through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $482,519.97. The filing states that 330,171,649 common shares were outstanding at the time of the notice.
The shares to be sold were acquired from the issuer through an employee stock purchase plan and performance share awards on 09/15/2025 and 12/20/2025, totaling 7,187 shares. The seller, Ajay Singh, previously sold 7,014 common shares on 09/24/2025 for gross proceeds of $602,173.64. The signer represents that they are not aware of undisclosed material adverse information about the issuer.
Positive
- None.
Negative
- None.
FAQ
What does the PSTG Form 144 filing disclose?
The Form 144 notice discloses that an insider plans to sell 7,187 shares of PSTG common stock on the NYSE through Morgan Stanley Smith Barney LLC, with an aggregate market value of $482,519.97.
Who is selling PSTG shares and how many were recently sold?
The seller is Ajay Singh. Over the past three months, he sold 7,014 PSTG common shares on 09/24/2025 for gross proceeds of $602,173.64, in addition to the 7,187 shares covered by this notice.
How many PSTG shares are outstanding according to the notice?
The notice reports that there were 330,171,649 PSTG common shares outstanding at the time of the filing; this is a baseline figure, not the amount being sold.
How were the PSTG shares being sold under Form 144 acquired?
The 7,187 PSTG common shares were acquired from the issuer via an Employee Stock Purchase Plan on 09/15/2025 (174 shares paid in cash) and Performance Shares on 12/20/2025 (7,013 shares, with payment noted as not applicable).
Which broker is handling the planned PSTG share sale and on which exchange?
The planned sale of 7,187 PSTG common shares is to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services on the NYSE.
Does the PSTG Form 144 include any representation about undisclosed information?
Yes. By signing the notice, the seller represents that they do not know of any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.