PSTG Form 4: CAO Mona Chu Sells 12,299 Shares at $84.39
Pure Storage Chief Accounting Officer Mona Chu reported the disposition of 12,299 shares of Class A common stock on 09/15/2025 at a weighted average price of $84.39 per share, with sale prices ranging up to $84.49.
Rhea-AI Filing Summary
Pure Storage Chief Accounting Officer Mona Chu reported the disposition of 12,299 shares of Class A common stock on 09/15/2025 at a weighted average price of $84.39 per share, with sale prices ranging up to $84.49. After the reported transactions Ms. Chu beneficially owned 126,600 shares. The Form 4 was executed on 09/17/2025 by an attorney-in-fact and includes a footnote stating the seller will provide a breakdown of shares sold at each price upon request.
Positive
- Timely and detailed disclosure of the sale date, weighted average price range, and post-transaction holdings
- Reporting person offers to provide trade-level breakdowns, enhancing transparency
Negative
- Officer sold 12,299 shares, which reduces insider ownership to 126,600 shares
Insights
TL;DR Insider sale of 12,299 shares by the CAO is a routine disclosure that reduces her stake to 126,600 shares.
The filing documents a non-derivative sale executed on 09/15/2025 at a weighted average price of $84.39 per share, with trade prices between $84.39 and $84.49. This is a straightforward Section 16 disclosure showing compliance with reporting requirements. The transaction size and remaining holding are explicit; no derivative activity or planed transactions are reported. There is no additional company operational or financial information in the filing.
TL;DR The Form 4 is timely and detailed, including a footnote promising a price breakdown, indicating adherence to reporting norms.
From a governance perspective the filing fulfills Section 16 obligations by disclosing an officer sale, providing the weighted average price and an explicit post-transaction beneficial ownership figure. The signature was provided via attorney-in-fact, which is permitted, and the filer offers to supply granular trade-level data upon request. The form contains no indications of Rule 10b5-1 plan reliance or other governance exceptions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 12,299 | $84.39 | $1.04M |
Footnotes (1)
- F1. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.39 to $84.49 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Mona Chu report in the Form 4 for PSTG?
When were the PSTG insider transactions executed and filed?
What price range did the insider sale cover?
Does the Form 4 indicate use of a Rule 10b5-1 trading plan?
Who signed the Form 4 for Mona Chu?
AI-generated analysis. How Rhea-AI works. Not financial advice.