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Everpure (PSTG) CVO has 58,552 shares withheld for equity award taxes

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Everpure, Inc. Chief Visionary Officer John Colgrove reported a tax-related share disposition. On Class A Common Stock, 58,552 shares were withheld at $65.45 per share to cover income tax obligations tied to previously reported equity award vesting, and this did not involve an open-market sale. After this withholding, he directly holds 6,725,221 shares, with additional indirect holdings reported through several family trusts.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4UNITED 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*
Colgrove John

(Last)(First)(Middle)
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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Visionary Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock03/20/2026F58,552(1)D$65.456,725,221D
Class A Common Stock601,959IBy Trust(2)
Class A Common Stock2,765,000IBy Trust(3)
Class A Common Stock2,765,000IBy Trust(4)
Class A Common Stock100,000IBy Trust(5)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares that have been withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the vesting and net settlement of the Reporting Person's equity awards, previously reported on a Form 4, and does not represent a sale by the Reporting Person.
2. Shares are held by Colgrove Family Living Trust.
3. Shares are held by The EEC Irrevocable Trust. A member of the Reporting Person's immediate family is a beneficiary of the trust.
4. Shares are held by The RWC Irrevocable Trust. A member of the Reporting Person's immediate family is a beneficiary of the trust.
5. Shares are held by VCF Trust.
Remarks:
/s/ Nicole Armstrong, attorney-in-fact03/24/2026
** Signature of Reporting PersonDate
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) report for John Colgrove?

Everpure reported that Chief Visionary Officer John Colgrove had 58,552 Class A Common shares withheld to satisfy income tax obligations on vested equity awards. This was a tax-withholding disposition, not an open-market sale of stock.

Was the Everpure (PSTG) Form 4 transaction a sale by John Colgrove?

The Form 4 states the 58,552 withheld shares do not represent a sale by John Colgrove. They were retained by Everpure to meet its income tax withholding and remittance obligations related to his vesting equity awards.

How many Everpure (PSTG) shares does John Colgrove hold directly after this filing?

Following the tax-withholding disposition, John Colgrove directly holds 6,725,221 shares of Everpure Class A Common Stock. This figure reflects his remaining direct ownership after 58,552 shares were withheld to cover tax obligations on vested equity awards.

At what price were the withheld Everpure (PSTG) shares valued in the Form 4?

The 58,552 Everpure Class A Common shares withheld for tax purposes were valued at $65.45 per share. This price is used in the filing to report the fair market value for the tax-withholding disposition, not as an open-market transaction price.

Does John Colgrove have indirect Everpure (PSTG) holdings through trusts?

Yes. The Form 4 reports indirect holdings classified as “By Trust,” including shares held by the Colgrove Family Living Trust, The EEC Irrevocable Trust, The RWC Irrevocable Trust, and VCF Trust, reflecting additional family-related ownership interests.

What does transaction code F mean in the Everpure (PSTG) Form 4?

Transaction code F indicates shares were used to pay an exercise price or tax liability. In this case, Everpure withheld 58,552 shares to satisfy its income tax withholding obligations when John Colgrove’s equity awards vested and settled.
Everpure

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20.50B
310.53M
Computer Hardware
Computer Storage Devices
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United States
SANTA CLARA