[144] Pure Storage, Inc. SEC Filing

Rhea-AI Filing Summary

Pure Storage, Inc. (PSTG) Form 144 notice shows a proposed sale of 12,299 common shares via Morgan Stanley Smith Barney on the NYSE with an aggregate market value of $1,037,935.98 and an approximate sale date of 09/15/2025. The filing lists acquisitions of the same class as performance shares and restricted stock received from the issuer on 03/20/2024 and 06/20/2024, totaling 12,299 shares acquired. It also reports a recent sale by the same person of 17,500 shares on 09/02/2025 generating $1,338,970.50. The filer certifies no undisclosed material adverse information.

Positive

• Transparent disclosure of proposed sale amount, acquisition dates, and nature of grant (performance shares and restricted stock)
• Use of an established broker (Morgan Stanley Smith Barney) and explicit representation that no undisclosed material adverse information exists
• Prior recent sale disclosed (17,500 shares on 09/02/2025 for $1,338,970.50), showing historical trading transparency

Negative

• Insider sale activity totaling 12,299 proposed shares and 17,500 recently sold could be interpreted as liquidity-taking by the holder
• Aggregate market value of the proposed sale (~$1.04 million) and prior sale (~$1.34 million) are material to the holder though small relative to total outstanding shares

Insights

Securities Analyst

TL;DR: Insider sale disclosed; transaction size is small relative to company float but notable for timing.

The Form 144 documents a proposed sale of 12,299 shares valued at about $1.04 million and records a prior sale of 17,500 shares yielding $1.34 million. Compared with the issuer's outstanding shares of 328,636,590, the proposed sale represents a de minimis percentage of the float. The filing meets Rule 144 disclosure requirements and provides transparency on acquisition dates, types (performance and restricted stock), and brokerage channel.

Corporate Governance Expert

TL;DR: Compliance filing is routine; documentation of grant origins and prior sales reduces governance risk.

The notice details that the securities were acquired as performance shares and restricted stock directly from the issuer on specific dates in 2024 and that payment was not applicable. The signer affirms lack of undisclosed material information, and the choice of a reputable broker is recorded. From a governance perspective, the filing demonstrates procedural adherence to insider sale rules.

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

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	12299	1037935.98	328636590	09/15/2025	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	03/20/2024	Performance Shares	Issuer			2440	03/20/2024	Not Applicable
Common	03/20/2024	Restricted Stock	Issuer			5313	03/20/2024	Not Applicable
Common	06/20/2024	Performance Shares	Issuer			468	06/20/2024	Not Applicable
Common	06/20/2024	Restricted Stock	Issuer			4078	06/20/2024	Not Applicable

* 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
MONA CHU 2555 Augustine Dr. Santa Clara CA 95054	Common	09/02/2025	17500	1338970.50

144: Remarks and Signature

Remarks

Date of Notice

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 Pure Storage's (PSTG) Form 144 disclose about the proposed sale?

The filing discloses a proposed sale of 12,299 common shares via Morgan Stanley Smith Barney with an aggregate market value of $1,037,935.98, approximately on 09/15/2025.

How were the shares being sold originally acquired?

The shares were acquired as performance shares and restricted stock from the issuer on 03/20/2024 and 06/20/2024, totaling 12,299 shares.

Did the filer sell any PSTG shares recently?

Yes. The filing reports a sale of 17,500 shares on 09/02/2025 that generated $1,338,970.50 in gross proceeds.

What percentage of outstanding shares does the proposed sale represent?

The filing lists 328,636,590 shares outstanding; the proposed 12,299 shares are a de minimis percentage of that total.

Does the filing indicate any undisclosed material information about Pure Storage?

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