STOCK TITAN

Pure Storage Insider's 13.6M Share Position Shows Strong Executive Confidence

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Pure Storage (PSTG) Chief Visionary Officer and Director John Colgrove reported multiple transactions and holdings in a Form 4 filing. The primary transaction involved the withholding of 7,326 shares at $52.87 per share on June 20, 2025, for tax obligations related to vesting equity awards.

Following the transaction, Colgrove's holdings include:

  • 6,478,148 shares held directly
  • 801,959 shares in the Colgrove Family Living Trust
  • 5,530,000 shares in two irrevocable trusts (2,765,000 each)
  • 800,000 shares in The Colgrove Family Charitable Remainder Trust

The share withholding was automatic for tax purposes and does not represent a direct sale by the insider. Total beneficial ownership across all holdings amounts to 13,610,107 shares, indicating significant insider stake in the company.

Positive

  • None.

Negative

  • None.
Insider Colgrove John
Role Chief Visionary Officer
Type Security Shares Price Value
Tax Withholding Class A Common Stock 7,326 $52.87 $387K
holding Class A Common Stock -- -- --
holding Class A Common Stock -- -- --
holding Class A Common Stock -- -- --
holding Class A Common Stock -- -- --
Holdings After Transaction: Class A Common Stock — 6,478,148 shares (Direct); Class A Common Stock — 801,959 shares (Indirect, By Trust)
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. Shares are held by Colgrove Family Living Trust. Shares are held by Eric Edward Colgrove Irrevocable Trust DTD Feb 8, 2011, Jeff Rothschild TTEE. Shares are held by Richard Winston Colgrove Irrevocable Trust DTD Feb 8, 2011, Jeff Rothschild TTEE. Shares are held by The Colgrove Family Charitable Remainder Trust.
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*
Colgrove John

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Visionary Officer
3. Date of Earliest Transaction (Month/Day/Year)
06/20/2025
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 06/20/2025 F 7,326(1) D $52.87 6,478,148 D
Class A Common Stock 801,959 I By Trust(2)
Class A Common Stock 2,765,000 I By Trust(3)
Class A Common Stock 2,765,000 I By Trust(4)
Class A Common Stock 800,000 I By CRT(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)
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. Shares are held by Colgrove Family Living Trust.
3. Shares are held by Eric Edward Colgrove Irrevocable Trust DTD Feb 8, 2011, Jeff Rothschild TTEE.
4. Shares are held by Richard Winston Colgrove Irrevocable Trust DTD Feb 8, 2011, Jeff Rothschild TTEE.
5. Shares are held by The Colgrove Family Charitable Remainder Trust.
Remarks:
/s/ Todd Wheeler, attorney-in-fact 06/23/2025
** 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.

FAQ

How many shares of PSTG stock were withheld from John Colgrove in June 2025?

According to the Form 4 filing, 7,326 shares of Pure Storage (PSTG) Class A Common Stock were withheld by the company on June 20, 2025, at a price of $52.87 per share. These shares were withheld to satisfy income tax withholding obligations related to the vesting of equity awards.

What is John Colgrove's current position at PSTG?

According to the Form 4 filing, John Colgrove serves as both a Director and Chief Visionary Officer at Pure Storage (PSTG).

How many PSTG shares does John Colgrove own directly as of June 2025?

Following the reported transaction, John Colgrove directly owns 6,478,148 shares of Pure Storage (PSTG) Class A Common Stock.

What is the total indirect ownership of PSTG shares by John Colgrove through trusts?

John Colgrove indirectly owns a total of 7,131,959 PSTG shares through various trusts, including: 801,959 shares in the Colgrove Family Living Trust, 2,765,000 shares each in two separate irrevocable trusts, and 800,000 shares in The Colgrove Family Charitable Remainder Trust.

Was this PSTG stock transaction a sale by John Colgrove?

No, this was not a sale by John Colgrove. As explicitly stated in the filing's explanatory notes, the transaction represents shares withheld by Pure Storage to satisfy income tax withholding obligations related to the vesting of equity awards, and does not represent a sale by the Reporting Person.