Pure Storage (PSTG) director Colgrove discloses Class A share gifts via trusts
Rhea-AI Filing Summary
Pure Storage, Inc. insider John Colgrove, a director and Chief Visionary Officer, reported family trust-related stock gifts and updated holdings of Class A common stock. On January 7, 2026, two transactions coded as gifts transferred 100,000 shares each at a stated price of $0 per share, both reported as held indirectly by trusts, including the VCF Trust whose beneficiaries are members of his extended and immediate family.
After these transactions, Colgrove reported 6,463,496 shares held directly and additional shares held indirectly through several family trusts, including 601,959 shares by the Colgrove Family Living Trust, 100,000 shares by the VCF Trust, and 2,765,000 shares each by the EEC and RWC Irrevocable Trusts. The filing reflects changes in how shares are held within family-related entities rather than an open-market sale.
Positive
- None.
Negative
- None.
Insights
Routine family trust gifts and updated Pure Storage insider holdings.
The filing shows John Colgrove, a director and Chief Visionary Officer of Pure Storage, Inc., reporting two gift transactions of 100,000 Class A shares each on January 7, 2026. Both are coded "G" for gifts at a stated per-share price of $0 and are reported as held indirectly by trusts, aligning with estate or family planning rather than economic selling.
The narrative footnotes clarify that these shares are held by the VCF Trust and other family trusts whose beneficiaries include members of Colgrove's immediate and extended family. Following the reported transactions, he lists 6,463,496 shares held directly and several million more held indirectly via named trusts. This is primarily a reallocation and disclosure of ownership across family entities, so it is generally interpreted as administrative and neutral from an investment thesis standpoint.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class A Common Stock | 100,000 | $0.00 | -- |
| Gift | Class A Common Stock | 100,000 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- The reported gift was made to the VCF Trust. Members of the Reporting Person's extended and immediate family are beneficiaries of this trust. Shares are held by Colgrove Family Living Trust. Shares are held by VCF Trust. Shares are held by The EEC Irrevocable Trust (formerly known as the Eric Edward Colgrove Irrevocable Trust DTD Feb 8, 2011). A member of the Reporting Person's immediate family is a beneficiary of the trust. Shares are held by The RWC Irrevocable Trust (formerly known as the Richard Winston Colgrove Irrevocable Trust DTD Feb 8, 2011). A member of the Reporting Person's immediate family is a beneficiary of the trust.
