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Pure Storage (PSTG) Form 144 Reports Recent Insider Sales Totaling 40,881 Shares

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

Rhea-AI Filing Summary

Form 144 filing for Pure Storage, Inc. (PSTG) discloses a proposed sale of 7,014 common shares through Morgan Stanley Smith Barney on the NYSE with an aggregate market value of $602,173.64. The shares were acquired as performance shares on 09/20/2025 and the proposed sale date is 09/24/2025. The filing also reports two recent sales by the same person: 18,280 shares sold on 09/11/2025 for $1,505,820.48 and 22,601 shares sold on 07/02/2025 for $1,253,141.82. The signer certifies they are not aware of undisclosed material adverse information.

Positive

  • Transparent disclosure of proposed and recent sales compliant with Rule 144
  • Specific transaction details provided: dates, share counts, gross proceeds, broker

Negative

  • Insider sales totaling 40,881 shares in the past three months may raise investor concern about insider liquidity
  • Proposed sale shortly after acquisition (performance shares acquired 09/20/2025, proposed sale 09/24/2025)

Insights

TL;DR Insider disposals total meaningful share volume recently; proposed sale is smaller but continues a pattern of selling.

The filing documents a proposed sale of 7,014 shares valued at $602,173.64 and prior sales totaling 40,881 shares with combined gross proceeds of $2,758,962.30. From an analyst perspective, these are factual disclosures of insider liquidity events rather than operational news. The sales were executed through a broker and the filer affirms no undisclosed material adverse information. This notice is routine but relevant for share supply and insider confidence monitoring.

TL;DR Multiple insider sales are disclosed; governance implication is transparency but may prompt investor questions about insider selling.

The Form 144 shows compliance with Rule 144 reporting for an issuer insider or affiliated person. The securities to be sold were acquired as performance shares on 09/20/2025 and the planned sale through Morgan Stanley is dated 09/24/2025. Prior sales on 07/02/2025 and 09/11/2025 are documented with specific gross proceeds. While the filer attests to no material nonpublic information, the sequence and scale of sales merit monitoring from a governance and disclosure timing standpoint.

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 Pure Storage (PSTG) Form 144 disclose?

The filing discloses a proposed sale of 7,014 common shares valued at $602,173.64 and recent sales of 18,280 and 22,601 shares with gross proceeds of $1,505,820.48 and $1,253,141.82, respectively.

Who is the broker handling the proposed PSTG sale?

The proposed sale is to be executed through Morgan Stanley Smith Barney LLC, Executive Financial Services, New York on the NYSE.

When were the securities to be sold acquired?

The 7,014 shares listed for proposed sale were acquired as performance shares on 09/20/2025.

What attestation does the filer make in the Form 144?

The signer represents by signing the notice that they do not know of any material adverse information about the issuer that has not been publicly disclosed.

How much total gross proceeds did prior sales generate?

The two prior sales reported generated combined gross proceeds of $2,758,962.30.