[144] Pure Storage, Inc. SEC Filing

Rhea-AI Filing Summary

Form 144 filed for Pure Storage, Inc. (PSTG) discloses a proposed sale of 100,000 common shares through Morgan Stanley Smith Barney with an aggregate market value of $8,579,000, slated for 09/18/2025 on the NYSE. The shares were acquired as founders' shares on 10/10/2009. The filing also lists multiple Rule 10b5-1 sales by related trusts during July–August 2025 totaling hundreds of thousands of shares and gross proceeds in the multi‑million dollar range. The filer certifies no undisclosed material adverse information and provides standard signatures and warnings about false statements.

Positive

• None.

Negative

• Proposed insider sale of 100,000 shares valued at $8,579,000 scheduled for 09/18/2025
• Multiple recent 10b5-1 sales in July–August 2025 totaling hundreds of thousands of shares and resulting in multi‑million dollar gross proceeds

Insights

Financial Analyst

TL;DR: Insider-related sales are disclosed but the single planned sale is small versus total shares outstanding; recent 10b5-1 activity generated multi‑million proceeds.

The filing reports a planned disposition of 100,000 shares valued at $8.579M and documents multiple prior 10b5-1 sales during July–August 2025 that produced significant gross proceeds (individual trades showing millions). Compared with the reported 328,636,590 shares outstanding, the planned sale represents a very small percentage of the float. The disclosure is routine for Rule 144 notices and provides required acquisition history (founders' shares dated 10/10/2009).

Corporate Governance Expert

TL;DR: The Form 144 is a standard compliance filing showing scheduled insider-related sales and prior executed 10b5-1 plans; no other governance events disclosed.

The document includes the seller's representation that no material nonpublic information exists and cites adoption/payment dates where applicable. Multiple 10b5-1 transactions from trusts are itemized with dates and proceeds, indicating systematic dispositions under prearranged plans. No disclosures of new governance actions, leadership changes, or regulatory issues appear in this filing.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	100000	8579000.00	328636590	09/18/2025	NYSE

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	10/10/2009	Founders Shares	Issuer			100000	10/10/2009	N/A

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for THE COLGROVE FAM CHARITABLE REM TR U/A DTD 04/05/2024 2555 Augustine Dr. Santa Clara CA 95054	Common	08/27/2025	95300	5725176.09
10b5-1 Sales for THE COLGROVE FAM CHARITABLE REM TR U/A DTD 04/05/2024 2555 Augustine Dr. Santa Clara CA 95054	Common	08/26/2025	4700	282046.06
10b5-1 Sales for THE COLGROVE FAM CHARITABLE REM TR U/A DTD 04/05/2024 2555 Augustine Dr. Santa Clara CA 95054	Common	07/31/2025	163925	9887431.44
10b5-1 Sales for THE COLGROVE FAM LIVING TR DTD 7/12/99 U/A DTD 07/12/1999 2555 Augustine Dr. Santa Clara CA 95054	Common	07/31/2025	34824	2100472.24
10b5-1 Sales for THE COLGROVE FAM CHARITABLE REM TR U/A DTD 04/05/2024 2555 Augustine Dr. Santa Clara CA 95054	Common	07/30/2025	127068	7626646.77
10b5-1 Sales for THE COLGROVE FAM LIVING TR DTD 7/12/99 U/A DTD 07/12/1999 2555 Augustine Dr. Santa Clara CA 95054	Common	07/30/2025	60672	3641545.57
10b5-1 Sales for THE COLGROVE FAM CHARITABLE REM TR U/A DTD 04/05/2024 2555 Augustine Dr. Santa Clara CA 95054	Common	07/29/2025	9007	541218.92
10b5-1 Sales for THE COLGROVE FAM LIVING TR DTD 7/12/99 U/A DTD 07/12/1999 2555 Augustine Dr. Santa Clara CA 95054	Common	07/29/2025	4504	270639.50

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 for Pure Storage (PSTG) disclose?

The filing discloses a proposed sale of 100,000 common shares (aggregate value $8,579,000) scheduled for 09/18/2025 and lists multiple 10b5-1 sales in July–August 2025 with multi‑million dollar proceeds.

Who is the broker handling the proposed PSTG sale?

The broker named is Morgan Stanley Smith Barney LLC, located at 1 New York Plaza, New York, NY.

When were the shares to be sold by the filer originally acquired?

The shares were acquired as founders' shares on 10/10/2009 and the payment/date of acquisition is listed as 10/10/2009.

How many shares outstanding does Pure Storage report in the filing?

The filing lists 328,636,590 shares outstanding.

Were there recent sales by related trusts mentioned in the Form 144?

Yes. The filing itemizes multiple 10b5-1 sales by related trusts in July and August 2025 with specific amounts and gross proceeds for each trade.