Everpure (PSTG) CPO Ajay Singh awarded 180,156 performance RSUs

Rhea-AI Filing Summary

Everpure, Inc. Chief Product Officer Ajay Singh reported an acquisition of 180,156 shares of Class A Common Stock through a performance-based restricted stock unit (PRSU) award. These shares were granted at no cash price and bring his direct holdings to 395,247 shares after the award.

The award was earned based on performance goals for the fiscal year ending February 1, 2026, as determined by the company’s Compensation & Talent Committee on March 10, 2026. One-third of the PRSU is scheduled to vest on March 20, 2026, with the remaining units vesting quarterly in equal installments over the following two years, subject to his continued service.

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

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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^*

Singh Ajay

(Last) (First) (Middle)

2555 AUGUSTINE DRIVE

(Street)

SANTA CLARA CA 95054

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Everpure, 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 Product Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

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

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	03/10/2026		A		180,156(1)	A	$0	395,247	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

Explanation of Responses:

1. The shares of Class A Common Stock are to be acquired upon the vesting of a Performance-Based Restricted Stock Unit ("PRSU") award. The Issuer's Compensation & Talent Committee (the "Committee") authorized the issuance of the underlying shares based upon the achievement of certain performance goals for the fiscal year ending February 1, 2026, with vesting subject to the determination of performance achievement by the Committee, which occurred on March 10, 2026. As a result, 1/3 of the PRSU will vest on March 20, 2026, with the remaining vesting quarterly in equal installments over the next two years, subject to Reporting Person's Continuous Service (as defined in the Issuer's 2015 Equity Incentive Plan) through such dates.

Remarks:

	/s/ Nicole Armstrong, attorney-in-fact	03/12/2026
	** 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).
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FAQ

What insider transaction did Everpure (PSTG) report for Ajay Singh?

Everpure reported that Chief Product Officer Ajay Singh received 180,156 shares of Class A Common Stock through a performance-based restricted stock unit (PRSU) award. The shares were granted at no cash price as part of his equity compensation package.

How many Everpure (PSTG) shares does Ajay Singh hold after this Form 4?

After this PRSU award, Ajay Singh directly holds 395,247 shares of Everpure Class A Common Stock. This total reflects the newly granted performance-based restricted stock units as reported in the insider filing for the March 10, 2026 transaction date.

How is Ajay Singh’s Everpure (PSTG) PRSU award scheduled to vest?

The PRSU award vests over time. One-third of the units will vest on March 20, 2026, with the remaining portion vesting quarterly in equal installments over the next two years, contingent on Ajay Singh’s continued service with the company.

What performance period determines Ajay Singh’s Everpure (PSTG) PRSU award?

The PRSU award is tied to performance goals for the fiscal year ending February 1, 2026. Everpure’s Compensation & Talent Committee confirmed achievement of these goals on March 10, 2026, which triggered the authorization of the underlying shares for Ajay Singh.

Is Ajay Singh’s Everpure (PSTG) PRSU grant an open-market purchase?

No, the PRSU grant is not an open-market purchase. It is a compensation-related equity award granted at a price of $0.00 per share, based on performance criteria and subject to a time-based vesting schedule and continued service requirements.