[Form 4/A] Pure Storage, Inc. Amended Insider Trading Activity

Rhea-AI Filing Summary

Pure Storage director and Chief Accounting Officer Mona Chu reported an amended Form 4/A disclosing transactions on 06/18/2024. Ms. Chu exercised 10,000 stock options at an exercise price of $10.62 and immediately acquired 10,000 Class A common shares. Those 10,000 shares were sold in multiple transactions at a weighted-average price of $70.11 per share (range $70.09–$70.18). After these transactions the filing shows 147,400 Class A shares beneficially owned and 53,958 stock options outstanding. The filing is an amendment correcting the reporting of the option exercise and updating beneficial ownership to reflect the exercise.

Positive

• Amendment corrects prior reporting and updates ownership to include the exercised options, improving transparency
• Option exercised was fully vested, and exercise details (price and expiration) are disclosed

Negative

• None.

Insights

Securities/Insider Transactions Analyst

TL;DR: Insider exercised vested options and sold the resulting shares same day, updating beneficial ownership through an amended Form 4/A.

The report documents a routine option exercise and contemporaneous sale of the exercised shares by a senior officer. The exercise price of $10.62 versus the weighted-average sale price of $70.11 implies a substantial spread realized by the reporting person, but the filing contains no information about company plans or motives. The amendment clarifies prior reporting errors and increases transparency by including the exercised options in the post-transaction ownership count. This disclosure is material to ownership tracking but does not by itself indicate a company-wide change.

Corporate Governance Specialist

TL;DR: Corrective amendment improves record accuracy; transactions appear consistent with vested option exercise and sale.

The Form 4/A corrects prior misreporting and shows a fully vested option exercise (10,000 options) that was exercised on 06/18/2024 and then sold. The filing includes the attorney-in-fact signature and an explicit footnote on sale price range. From a governance perspective, timely amendment and disclosure of the exercise and sale aligns with Section 16 reporting obligations and helps maintain insider transparency. The filing does not disclose any new grants, agreements, or 10b5-1 plan details.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Chu Mona

(Last) (First) (Middle)

2555 AUGUSTINE DRIVE

(Street)

SANTA CLARA CA 95054

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Pure Storage, Inc. [ PSTG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
06/18/2024

4. If Amendment, Date of Original Filed (Month/Day/Year)
06/20/2024

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	06/18/2024		M		10,000	A	$10.62	157,400	D
Class A Common Stock	06/18/2024		S		10,000	D	$70.11(1)	147,400	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	$10.62	06/18/2024		M			10,000	(2)	01/30/2025	Class A Common Stock	10,000	$0	53,958	D

Explanation of Responses:

1. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.09 to $70.18 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

2. This option is fully vested.

Remarks:

This report on Form 4/A amends and replaces in its entirety the Form 4 filed by the Reporting Person on June 20, 2024. This report on Form 4/A (i) corrects an error with respect to the reporting of the exercise of stock options in Table II and (ii) adjusts the Amount of Securities Beneficially Owned Following the Reported Transaction(s) reflected in the Form 4 filed by the Reporting Person on June 20, 2024 to include the number of stock options exercised on June 18, 2024.

	/s/ Todd Wheeler, attorney-in-fact	09/04/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transactions did Mona Chu report on Form 4/A for PSTG?

The filing shows Ms. Chu exercised 10,000 options at $10.62 on 06/18/2024 and sold 10,000 resulting shares at a weighted-average price of $70.11.

How many PSTG shares does Mona Chu beneficially own after the transactions?

The Form 4/A reports 147,400 Class A shares beneficially owned following the reported transactions.

How many PSTG options does Mona Chu hold after the reported activity?

The filing shows 53,958 stock options beneficially owned following the reported transactions; the exercised option was fully vested.

Why was this Form 4 amended (Form 4/A)?

The filing states it corrects an error

What price range were the sold shares executed at?

The shares sold were executed at prices ranging from $70.09 to $70.18 per share; the reported weighted-average sale price is $70.11.