Everpure (PSTG) CPO Ajay Singh awarded 180,156 performance RSUs
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Singh Ajay
Role
Chief Product Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 180,156 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 395,247 shares (Direct)
Footnotes (1)
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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 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.