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Everpure (PSTG) awards CAO Mona Chu 37,533 performance RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.
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
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 Accounting 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 37,533(1) A $0 139,710 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).
** 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 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 many Everpure (PSTG) shares does Mona Chu hold after this grant?

After the PRSU-related grant, Mona Chu holds 139,710 shares of Everpure Class A Common Stock directly. This reflects the total reported ownership following the award, combining her existing holdings with the 37,533 shares authorized for issuance under the performance-based restricted stock unit grant.

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.

Did Mona Chu buy Everpure (PSTG) shares on the open market?

No, the filing describes a compensation-related grant, not an open-market purchase. The 37,533 shares are to be issued under a performance-based restricted stock unit award, with a reported price of $0.00 per share and vesting dependent on continued service and prior performance results.
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