Everpure (PSTG) awards CAO Mona Chu 37,533 performance RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chu Mona reported acquisition or exercise transactions in this Form 4 filing.
Everpure, Inc. reported that Chief Accounting Officer Mona Chu received a grant of 37,533 shares of Class A Common Stock at no cash cost, as part of a Performance-Based Restricted Stock Unit (PRSU) award. Following this award, she holds 139,710 shares directly.
The PRSU was earned based on performance goals for the fiscal year ending February 1, 2026. The compensation committee confirmed achievement on March 10, 2026. One-third of the PRSU will vest on March 20, 2026, with the remainder vesting in equal quarterly installments over the next two years, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chu Mona
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 37,533 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 139,710 shares (Direct)
Footnotes (1)
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FAQ
What did Everpure (PSTG) disclose in Mona Chu's latest Form 4?
Everpure disclosed that Chief Accounting Officer Mona Chu received a grant of 37,533 Class A Common shares via a performance-based RSU award. The shares were awarded at no cash cost, tied to fiscal 2026 performance goals and subject to a multi-year vesting schedule and continued service.
How does the performance-based RSU grant for Everpure (PSTG) CAO vest?
The performance-based restricted stock unit grant vests over time. One-third of the earned PRSU will vest on March 20, 2026. The remaining shares vest in equal quarterly installments during the following two years, conditioned on Mona Chu maintaining continuous service with Everpure throughout those vesting dates.
What performance period governs the Everpure (PSTG) PRSU granted to Mona Chu?
The PRSU grant is tied to performance goals for Everpure’s fiscal year ending February 1, 2026. The compensation and talent committee evaluated goal achievement and, on March 10, 2026, authorized issuance of the underlying shares based on those results before the award begins vesting over time.