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.

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

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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^*

Giancarlo Charles H

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO

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		540,467(1)	A	$0	2,038,399	D
Class A Common Stock								731,414	I	By Trust(2)

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.

2. Shares are held by the Giancarlo Family Trust UAD 11/02/98.

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.
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FAQ

What insider transaction did Everpure (PSTG) CEO Charles Giancarlo report?

Everpure CEO Charles H. Giancarlo reported an equity compensation award of 540,467 shares of Class A Common Stock. The shares come from a performance-based restricted stock unit grant, not an open-market purchase or sale, and were earned based on fiscal 2026 performance goals.

How do the new Everpure (PSTG) PRSUs for the CEO vest?

The PRSU award vests over time once performance was certified on March 10, 2026. One third of the units vest on March 20, 2026, and the remaining shares vest in equal quarterly installments over the next two years, subject to continued service.

Were Everpure (PSTG) CEO’s new shares from a market purchase?

No, the 540,467 shares relate to a Performance-Based Restricted Stock Unit award with a reported price of $0.00 per share. This indicates a compensation grant approved by the Compensation & Talent Committee, not an open-market buy or sell transaction.

What are Everpure (PSTG) CEO Charles Giancarlo’s holdings after this award?

Following the PRSU-related award, Charles H. Giancarlo holds 2,038,399 Everpure Class A shares directly. In addition, 731,414 shares are held indirectly by the Giancarlo Family Trust UAD 11/02/98, which is reported as ownership "By Trust" in the filing.

What performance period governs the Everpure (PSTG) CEO’s PRSU award?

The PRSU award is tied to performance goals for the fiscal year ending February 1, 2026. The Compensation & Talent Committee determined the level of performance achievement on March 10, 2026, which triggered the vesting schedule for the underlying shares reported in the Form 4.