STOCK TITAN

[Form 4] Pure Storage, Inc. Insider Trading Activity

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

Rhea-AI Filing Summary

Ajay Singh, Chief Product Officer and Director of Pure Storage, Inc. (PSTG), reported a transaction dated 09/20/2025. The filing shows 7,038 shares of Class A Common Stock were disposed of at a price of $87.87 per share; the submission explains these shares were withheld by the issuer to satisfy income tax withholding in connection with vesting and net settlement of equity awards and therefore do not represent a sale by the reporting person. After the reported transaction, the reporting person beneficially owned 236,321 shares of Class A Common Stock, which includes 174 shares acquired on 09/15/2025 under the company’s Employee Stock Purchase Plan. The form was signed by an attorney-in-fact on 09/23/2025.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Routine tax-withholding of vested equity reduced reported holdings; no sale reported.

The Form 4 discloses a deemed disposition of 7,038 Class A shares at $87.87 due to issuer withholding for tax obligations tied to vesting and net settlement of equity awards. This is a non-sale administrative action and the reporting person retains substantial ownership of 236,321 shares, including 174 shares from the ESPP acquired on September 15, 2025. The transaction does not provide new information about company operations or executive intent to sell.

TL;DR: Disclosure is clear and indicates administrative withholding rather than an active disposition by the insider.

The filer properly reported a withholding event and identified the nature of the withholding in the explanation section, clarifying it is not an open-market sale. The signature by an attorney-in-fact is disclosed. This is a routine enforcement of tax-remittance obligations following equity vesting and raises no immediate governance concerns based on the information provided.

Insider Singh Ajay
Role Chief Product Officer
Type Security Shares Price Value
Tax Withholding Class A Common Stock 7,038 $87.87 $618K
Holdings After Transaction: Class A Common Stock — 236,321 shares (Direct)
Footnotes (1)
  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 September 15, 2025 pursuant to Issuer's Employee Stock Purchase Plan.
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)
09/20/2025
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 09/20/2025 F 7,038(1) D $87.87 236,321(2) 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. 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. Includes 174 shares of Class A Common Stock that were acquired by the Reporting Person on September 15, 2025 pursuant to Issuer's Employee Stock Purchase Plan.
Remarks:
/s/ Todd Wheeler, attorney-in-fact 09/23/2025
** 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.