Everpure (PSTG) director gifts 6,000 shares to family trusts

Rhea-AI Filing Summary

Everpure, Inc. director Andrew William Fraser Brown reported charitable-style transfers, not sales, of company stock. He made bona fide gifts totaling 6,000 shares of Class A Common Stock on March 17–18, 2026, with no cash proceeds and no open‑market trading.

The gifts were made to multiple trusts, including trusts established for the benefit of his children and the Nicholas Brown 2021 Gift Trust. The filing notes he disclaims beneficial ownership of shares held by certain children’s trusts. After these transfers, he directly holds 28,903 shares and an additional 1,500 shares are held indirectly by the Nicholas Brown 2021 Gift Trust.

Insights

Equity analyst

Form 4 shows routine estate planning gifts with no open‑market trades.

Director Andrew William Fraser Brown reported four bona fide gifts of Everpure Class A Common Stock totaling 6,000 shares. These transfers went to family trusts, including children’s trusts and the Nicholas Brown 2021 Gift Trust, and were executed at a reported price of $0.00 per share, indicating no sale proceeds.

The filing states he disclaims beneficial ownership of shares in certain children’s trusts, which means those positions should be viewed as held by the trusts rather than by him personally. After the gifts, he still holds 28,903 shares directly and 1,500 shares indirectly via the Nicholas Brown 2021 Gift Trust, underscoring that this is a small, estate‑planning style adjustment rather than a directional bet on 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^*

Brown Andrew William Fraser

(Last) (First) (Middle)

C/O EVERPURE, INC.

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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/17/2026

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	03/17/2026		G(1)		1,500	D	$0	31,903	D
Class A Common Stock	03/18/2026		G(1)		1,500	D	$0	30,403	D
Class A Common Stock	03/18/2026		G(2)		1,500	D	$0	28,903	D
Class A Common Stock	03/18/2026		G(2)		1,500	A	$0	1,500	I(3)	By Trust

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 reported gifts were made to trusts established for the benefit of the Reporting Person's children. Neither the Reporting Person, nor any affiliate of the Reporting Person, is a trustee of these trusts, and the Reporting Person disclaims beneficial ownership of the shares held by these trusts.

2. The reported gift was made to the Nicholas Brown 2021 Gift Trust, of which the Reporting Person's spouse is the trustee. A member of the Reporting Person's immediate family is the beneficiary of this trust.

3. Shares are held by the Nicholas Brown 2021 Gift Trust.

Remarks:

	/s/ Nicole Armstrong, attorney-in-fact	03/19/2026
	** 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) director Andrew Brown report?

Andrew Brown reported bona fide gifts of Everpure Class A Common Stock, not sales. The Form 4 shows four gift transactions totaling 6,000 shares, reflecting estate and family trust planning rather than open-market trading or cash-generating dispositions.

How many Everpure (PSTG) shares did Andrew Brown gift and on what dates?

He gifted a total of 6,000 Class A Common shares. The transactions occurred on March 17 and March 18, 2026, in four separate 1,500-share gifts, as disclosed in the Form 4 insider trading report filed for Everpure, Inc.

Who received the gifted Everpure (PSTG) shares from Andrew Brown?

The shares were gifted to family-related trusts. Footnotes explain that some gifts went to trusts for his children, and another to the Nicholas Brown 2021 Gift Trust, with his spouse as trustee and an immediate family member as beneficiary.

Does Andrew Brown still own Everpure (PSTG) shares after these gifts?

Yes. After the reported gifts, he directly holds 28,903 Everpure Class A Common shares. An additional 1,500 shares are held indirectly by the Nicholas Brown 2021 Gift Trust, which is reported separately as an indirect ownership position in the filing.

Did Andrew Brown receive any cash from these Everpure (PSTG) transactions?

No cash was received from these transactions. The Form 4 lists the gifts with a transaction price per share of $0.00, confirming they were bona fide gifts to family trusts rather than open-market sales or compensation-related stock transactions.

What does it mean that Andrew Brown disclaims beneficial ownership of some Everpure (PSTG) shares?

Disclaiming beneficial ownership means he does not treat those shares as personally owned. Footnotes state he is not a trustee and disclaims beneficial ownership of shares held by certain children’s trusts, so control and economic benefit rest with those trusts, not directly with him.