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PSTG Insider Report: John Colgrove Withholds 7,326 Shares to Cover Taxes

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

Rhea-AI Filing Summary

John Colgrove, a director and Chief Visionary Officer of Pure Storage (PSTG), reported a withholding of 7,326 shares on 09/20/2025 to satisfy income tax obligations related to the vesting and net settlement of his equity awards. The Form 4 shows the withholding was executed at a price of $87.87 per share and is explicitly described as not a sale by the reporting person.

After the reported withholding, Colgrove beneficially owns 6,470,822 shares of Class A common stock. The form was filed by one reporting person and signed by an attorney-in-fact on 09/23/2025.

Positive

  • Withholding is not a sale: the filing explicitly states the 7,326 shares were withheld to satisfy tax obligations and "does not represent a sale by the Reporting Person."
  • Continued substantial ownership: the reporting person retains 6,470,822 shares of Class A common stock after the withholding.
  • Full disclosure: Form 4 includes transaction details (date, code, share amount, price) and an explanatory remark meeting Section 16 reporting standards.

Negative

  • None.

Insights

TL;DR: Routine tax-withholding of vested shares; not a market sale and limited immediate informational impact.

The Form 4 documents a withholding of 7,326 Class A shares at $87.87 to satisfy tax obligations from equity award vesting. The filing clarifies this was a net settlement withholding rather than an open-market disposition, which reduces the likelihood this transaction signals a change in insider conviction. The report also states the reporting person continues to hold 6,470,822 shares, providing continuity in disclosed ownership.

TL;DR: Administrative equity award settlement recorded; disclosure meets Section 16 reporting requirements.

The disclosure follows standard practice for net-settlement of vested awards where the issuer withholds shares to cover tax liabilities. The form identifies the reporting person, relationship to the issuer, transaction code, and post-transaction beneficial ownership, and includes an explanatory remark that the withholding does not constitute a sale. This satisfies routine governance transparency obligations without indicating a governance or compensation policy change.

Insider Colgrove John
Role Chief Visionary Officer
Type Security Shares Price Value
Tax Withholding Class A Common Stock 7,326 $87.87 $644K
Holdings After Transaction: Class A Common Stock — 6,470,822 shares (Direct)
Footnotes (1)
  1. [object Object]
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)
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 7,326(1) D $87.87 6,470,822 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.
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.

FAQ

What transaction did John Colgrove report on the PSTG Form 4?

He reported a withholding of 7,326 Class A shares on 09/20/2025 to satisfy income tax withholding related to vested equity awards.

Was the 7,326-share transaction a sale on the market?

No. The filing states the shares were withheld by the issuer to satisfy tax obligations and explicitly notes this does not represent a sale by the reporting person.

At what price were the withheld shares recorded?

The transaction is reported at a price of $87.87 per share.

How many PSTG shares does John Colgrove beneficially own after the transaction?

After the reported withholding, he beneficially owns 6,470,822 shares of Class A common stock.

Who filed and signed the Form 4 for this transaction?

The form indicates it was filed by one reporting person and was signed by Todd Wheeler, attorney-in-fact on 09/23/2025.