Everpure (PSTG) CEO granted 540,467 performance-based stock units
Rhea-AI Filing Summary
Giancarlo Charles H reported acquisition or exercise transactions in this Form 4 filing.
Everpure, Inc. CEO Charles H. Giancarlo reported an equity compensation award of 540,467 shares of Class A Common Stock. These shares relate to a Performance-Based Restricted Stock Unit (PRSU) award that was earned after the Compensation & Talent Committee confirmed achievement of performance goals for the fiscal year ending February 1, 2026.
According to the vesting schedule, one third of the PRSU will vest on March 20, 2026, with the remaining shares vesting in equal quarterly installments over the following two years, subject to his continued service. After this award, he holds 2,038,399 shares directly, and a trust associated with him, the Giancarlo Family Trust UAD 11/02/98, holds 731,414 shares indirectly.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 540,467 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (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. Shares are held by the Giancarlo Family Trust UAD 11/02/98.