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

Rhea-AI Filing Summary

Pure Storage insider activity: Chief Accounting Officer Mona Chu exercised and acquired 17,500 Class A common shares by exercising fully vested options with a $17 exercise price on 09/02/2025 and concurrently sold 17,500 shares at a weighted average price of $76.51 per share (sales ranged $76.49–$76.62). After these transactions the filing reports 138,899 shares beneficially owned. The report also corrects prior filings to include an aggregate 70,811 shares acquired on exercise that were previously omitted and replaced earlier Form 4s. The Form 4 was signed by an attorney-in-fact on 09/04/2025.

Positive

• Correction and transparency: The filing amends prior Form 4s to report an aggregate 70,811 shares previously omitted, improving disclosure accuracy
• Options fully vested: The reported stock option exercised was fully vested, and exercise details (strike $17) are disclosed

Negative

• Insider sale: 17,500 Class A shares were sold at a weighted average of $76.51, reducing the reporting person’s immediate holdings
• Prior reporting omission: Earlier Form 4 filings omitted 70,811 exercised shares, requiring replacement filings

Insights

Securities Analyst

TL;DR: Insider exercised fully vested options and sold an equal number of shares, while correcting prior reporting omissions.

The transaction shows a routine option exercise and sale by the Chief Accounting Officer on 09/02/2025: 17,500 options exercised at a $17 strike and 17,500 shares sold at a weighted average of $76.51. The sale prices ranged narrowly, indicating execution across multiple trades at similar levels. The filing also transparently corrects prior Form 4s to add 70,811 shares previously omitted, which improves disclosure accuracy. From an investor disclosure perspective this is a procedural, non-operational event without explicit company financial impact disclosed in this filing.

Corporate Governance Expert

TL;DR: Corrective disclosures improve governance; concurrent sale reduces insider's immediate stake but was executed after exercise.

The report documents a fully vested option exercise and immediate sale of the same number of shares, a common liquidity pattern for executives. Material here is the corrective action: replacement Form 4/As amend prior filings to include 70,811 exercised shares that were omitted, which addresses prior disclosure gaps. The filing is properly signed by an attorney-in-fact, and details such as exercise/strike price and sale price range are provided, enhancing transparency. No indication of changes to role or control was disclosed.

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
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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^*

Chu Mona

(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 Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/02/2025

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	09/02/2025		M		17,500	A	$17	156,399	D
Class A Common Stock	09/02/2025		S		17,500	D	$76.51(1)	138,899	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
Stock Option (right to buy)	$17	09/02/2025		M			17,500	(2)	09/23/2025	Class A Common Stock	17,500	$0	0	D

Explanation of Responses:

1. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.49 to $76.62 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.

2. This option is fully vested.

Remarks:

The Amount of Securities Beneficially Owned Following Reported Transaction (s) in this report on Form 4 includes an aggregate of 70,811 shares acquired upon the exercise of stock options that were inadvertently omitted in the Reporting Person's previous Form 4 filings relating to the associated sale of those underlying shares. The reporting of those 70,811 shares were corrected on Form 4/As that replace in their entirety the Form 4s filed by the Reporting Person on March 4, 2024, June 20, 2024, September 27, 2024, October 9, 2024, and December 16, 2024.

	/s/ Todd Wheeler, attorney-in-fact	09/04/2025
	** 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 did Mona Chu (PSTG) do on 09/02/2025?

On 09/02/2025 Mona Chu exercised 17,500 options at a $17 strike and sold 17,500 Class A shares at a weighted average price of $76.51 per share.

How many shares does Mona Chu beneficially own after these transactions?

The Form 4 reports 138,899 Class A shares beneficially owned following the reported transactions.

What was the price range for the sold shares?

The sold shares were executed in multiple transactions at prices ranging from $76.49 to $76.62 per share; the weighted average was $76.51.

What correction does this Form 4 make to earlier filings?

The filing states that prior Form 4s omitted an aggregate of 70,811 shares acquired upon exercise; replacement Form 4/As correct those earlier filings.

Was the exercised option vested and what were its key terms?

Yes, the option is reported as fully vested with a $17 exercise price and the option covered 17,500 underlying shares.