Everpure (NYSE: PSTG) CFO has 23,337 shares withheld for taxes on awards

Rhea-AI Filing Summary

Everpure, Inc. Chief Financial Officer Tarek Robbiati reported a Form 4 showing a tax-related share disposition. On the vesting and net settlement of previously granted equity awards, 23,337 shares of Class A common stock were withheld by the company at $65.45 per share to cover income tax obligations, which the footnote states does not represent a sale by the executive. After this withholding, Robbiati directly holds 340,161 shares of Class A common stock.

Insights

Equity compensation and governance analyst

Routine tax withholding on vesting; no open-market trading signal.

The transaction involves 23,337 Everpure Class A shares withheld at $65.45 to satisfy tax obligations on vesting equity awards. The footnote explicitly clarifies this is not a sale by CFO Tarek Robbiati, but a mechanical settlement method.

Following the withholding, Robbiati holds 340,161 shares directly, indicating the event is small relative to his total position. Because there was no open-market purchase or sale, this filing mainly updates ownership records rather than signaling a change in the executive’s view of the stock.

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
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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^*

ROBBIATI TAREK

(Last) (First) (Middle)

2555 AUGUSTINE DRIVE

(Street)

SANTA CLARA CALIFORNIA 95054

(City) (State) (Zip)

UNITED STATES

(Country)

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 Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026

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

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

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

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	03/20/2026		F		23,337(1)	D	$65.45	340,161	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. Represents shares that have been withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the vesting and net settlement of the Reporting Person's equity awards, previously reported on a Form 4, and does not represent a sale by the Reporting Person.

Remarks:

	/s/ Nicole Armstrong, attorney-in-fact	03/24/2026
	** 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).
** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Everpure (PSTG) disclose for CFO Tarek Robbiati?

Everpure disclosed that CFO Tarek Robbiati had 23,337 shares of Class A common stock withheld to cover income tax obligations on vested equity awards at $65.45 per share. This is a tax-withholding event, not an open-market sale or purchase.

Does the latest Everpure (PSTG) Form 4 show the CFO selling shares on the market?

No, the Form 4 states the 23,337 shares were withheld by Everpure to satisfy tax obligations from vesting equity awards. The footnote explicitly notes this does not represent a sale by CFO Tarek Robbiati in the open market.

How many Everpure (PSTG) shares does the CFO hold after the reported transaction?

After the tax-withholding transaction, CFO Tarek Robbiati directly holds 340,161 shares of Everpure Class A common stock. This figure reflects his post-transaction ownership as shown in the Form 4, after 23,337 shares were withheld for income tax purposes.

What was the price used for the Everpure (PSTG) tax-withholding share disposition?

The shares withheld to cover CFO Tarek Robbiati’s tax obligations were valued at $65.45 per share. This price applies to the 23,337 shares of Class A common stock withheld in connection with the vesting and net settlement of his equity awards.

What does transaction code "F" mean in the Everpure (PSTG) Form 4 filing?

In this Form 4, code "F" indicates a tax-withholding disposition, where shares are delivered to the issuer to cover tax liabilities or exercise costs. Everpure’s filing confirms the 23,337 withheld shares were for income tax obligations on vested equity awards.

Is the Everpure (PSTG) CFO’s Form 4 transaction considered a routine equity compensation event?

Yes, the filing describes a routine compensation-related event: 23,337 shares were withheld by Everpure to satisfy tax withholding on vesting equity awards. The footnote clarifies it is an administrative settlement, not a discretionary decision to buy or sell shares.