PSTG Form 144: 17,500 Shares Proposed Sale via Morgan Stanley

Rhea-AI Filing Summary

Pure Storage (PSTG) filed a Form 144 reporting a proposed sale of 17,500 common shares. The filing shows the shares were acquired and paid for by stock option exercise on 09/02/2025 and the proposed sale is through Morgan Stanley Smith Barney LLC on the NYSE. The filing reports an aggregate market value of $1,338,970.50 for the shares and lists total shares outstanding of 326,831,678. The filer reports no securities sold in the past three months and affirms there is no undisclosed material adverse information.

Insights

Securities Compliance Analyst

TL;DR: Routine Rule 144 notice for an insider sale via option exercise; compliance disclosure appears complete.

The Form 144 documents a routine disclosure under Rule 144: 17,500 shares were acquired by exercise and the filer proposes to sell those shares through a registered broker-dealer. The filing includes key compliance elements: acquisition date, payment method (cash), broker name, proposed sale date, aggregate market value, and outstanding share count. The absence of reported sales in the prior three months simplifies aggregation considerations. The required attestation regarding material non-public information is present, which is standard for these notices.

Equity Research Analyst

TL;DR: This is an insider liquidity event of modest size relative to the company's float; likely not material to valuation.

The proposed transaction values the shares at approximately $1.34 million. Relative to the reported shares outstanding (326,831,678), the 17,500-share sale represents an immaterial percentage of total outstanding shares. The shares were acquired and paid for the same day via option exercise, indicating this is an exercise-and-sell event rather than a disposition of long-held shares. The filing contains no earnings or operational data and therefore has limited informational impact beyond the insider sale disclosure.

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	17500	1338970.50	326831678	09/02/2025	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	09/02/2025	Stock Option Exercise	Issuer			17500	09/02/2025	Cash

* 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

Nothing to Report

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 did Pure Storage (PSTG) disclose in the Form 144?

The Form 144 reports a proposed sale of 17,500 common shares acquired by stock option exercise on 09/02/2025, to be sold via Morgan Stanley Smith Barney LLC on the NYSE.

What is the aggregate market value of the shares reported in the PSTG Form 144?

The filing lists an aggregate market value of $1,338,970.50 for the 17,500 shares.

When were the shares acquired and how was payment made according to the filing?

The shares were acquired on 09/02/2025 by stock option exercise and payment was made in cash on the same date.

Does the Form 144 report any securities sold by the filer in the past three months?

No. The filing states "Nothing to Report" for securities sold during the past three months.

How many shares outstanding does the Form 144 list for the issuer?

The filing lists 326,831,678 shares outstanding.