Everpure (NYSE: PSTG) CAO has 9,232 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Everpure, Inc. Chief Accounting Officer Mona Chu had 9,232 shares of Class A Common Stock withheld by the company at $65.45 per share on March 20, 2026 to cover income tax obligations tied to vested equity awards, which is not an open-market sale. Following this tax-withholding disposition, she directly holds 130,652 shares, including 174 shares acquired on March 15, 2026 through the Employee Stock Purchase Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chu Mona
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 9,232 | $65.45 | $604K |
Holdings After Transaction:
Class A Common Stock — 130,652 shares (Direct)
Footnotes (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. Includes 174 shares of Class A Common Stock that were acquired by the Reporting Person on March 15, 2026 pursuant to the Issuer's Employee Stock Purchase Plan.
FAQ
What insider transaction did Everpure (PSTG) report for Mona Chu?
Everpure reported that Chief Accounting Officer Mona Chu had 9,232 Class A Common Stock shares withheld on March 20, 2026. The shares were used to satisfy income tax obligations from vested equity awards, rather than being sold in the open market.
Was Mona Chu’s Everpure (PSTG) Form 4 transaction an open-market sale?
No, the Form 4 states the 9,232 shares were withheld by Everpure to cover income tax obligations on vested equity awards. The footnote explicitly clarifies this withholding does not represent a sale by Mona Chu on the open market.
What does transaction code F mean in Everpure (PSTG) CAO’s Form 4?
Transaction code F indicates shares were used to pay an exercise price or tax liability. In this case, 9,232 shares were withheld by Everpure to satisfy income tax withholding and remittance obligations associated with the vesting of Mona Chu’s equity awards.