Pure Storage CPO sells 18,280 shares; 243,185 shares remain owned

Rhea-AI Filing Summary

Pure Storage Chief Product Officer Ajay Singh reported a sale of 18,280 shares of the company's Class A common stock at a weighted-average price of $82.38 per share on the transaction date. After the sale, the reporting person beneficially owned 243,185 shares, held directly. The filing lists the sale as a non-derivative transaction and notes the reported price is a weighted average of multiple trades ranging from $82.34 to $82.44. No derivative transactions or other changes in beneficial ownership are reported.

Positive

• Transparency: The filing discloses the weighted-average price and the price range ($82.34–$82.44), increasing trade transparency
• Substantial retained ownership: Reporting person continues to beneficially own 243,185 shares after the sale

Negative

• Insider sale: The Chief Product Officer sold 18,280 shares, reducing direct holdings
• Concentration risk: A single insider holds a material block of shares which could affect perceptions of insider liquidity

Insights

Securities Analyst

TL;DR: A senior officer sold a modest portion of holdings; remaining direct ownership remains substantial.

The Form 4 shows a single non-derivative sale of 18,280 shares at a weighted-average price of $82.38, leaving 243,185 shares owned directly. For an equity analyst, this is a clear, routine disclosure of insider liquidity rather than a corporate event affecting fundamentals. The sale size relative to post-transaction holdings is notable but not large enough alone to imply a material change in insider alignment with shareholders. The footnote discloses the trade price range ($82.34–$82.44), which improves transparency about execution.

Corporate Governance Expert

TL;DR: Insider sale is properly disclosed and documented; governance procedures appear followed.

The filing is a standard Section 16 disclosure for an officer-level reporting person. It identifies the reporting person as Chief Product Officer and indicates the transaction code for a sale. The signature by an attorney-in-fact is presented, and the explanatory footnote clarifies the weighted-average price and price range. From a governance perspective, the form provides the required transparency; it does not show any related-party transactions or derivative-based compensation changes that would raise additional governance concerns.

Insider Trade Summary

Net Seller: 18,280 shares ($1,505,906)

Net Sell 1 txn

Insider Singh Ajay

Role Chief Product Officer

Sold 18,280 shs ($1.51M)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	18,280	$82.38	$1.51M

Holdings After Transaction: Class A Common Stock — 243,185 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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
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^*

Singh Ajay

(Last) (First) (Middle)

2555 AUGUSTINE DRIVE

(Street)

SANTA CLARA CA 95054

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Pure Storage, Inc. [ PSTG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

3. Date of Earliest Transaction (Month/Day/Year)
09/11/2025

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	09/11/2025		S		18,280	D	$82.38(1)	243,185	D

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 price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.34 to $82.44 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Remarks:

	/s/ Todd Wheeler, attorney-in-fact	09/12/2025
	** 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.

FAQ

What did Ajay Singh (PSTG) report on Form 4?

The filing reports a non-derivative sale of 18,280 Class A shares at a weighted-average price of $82.38, leaving 243,185 shares beneficially owned.

At what prices were the PSTG shares sold?

The footnote states trades occurred at prices ranging from $82.34 to $82.44; the reported price is a weighted average of those trades.

What is the reporting person's role at Pure Storage (PSTG)?

The reporting person is identified as the company's Chief Product Officer.

Did the Form 4 report any derivative transactions for PSTG?

No. The filing only reports a non-derivative sale of Class A common stock and includes no derivative transactions.

How many shares did the reporting person own after the sale?

After the reported sale, the reporting person beneficially owned 243,185 shares.