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Pure Storage CFO Maintains Strong Position with 560K Shares After Tax Settlement

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

Rhea-AI Filing Summary

Pure Storage CFO Kevan Krysler reported a tax-related share withholding transaction on June 20, 2025. The company withheld 9,562 shares of Class A Common Stock at a price of $52.87 per share to satisfy tax obligations related to the vesting of previously reported equity awards.

Following the transaction, Krysler maintains direct beneficial ownership of 560,556 shares. This transaction was executed under Form Code 'F', indicating a payment of exercise price or tax withholding by delivering or withholding securities incident to exercise of a derivative security.

Key Transaction Details:

  • Transaction was not a direct sale but a tax withholding obligation
  • No derivative securities were involved in this transaction
  • Filing was signed by Todd Wheeler as attorney-in-fact on June 23, 2025
  • Transaction complies with Section 16(a) reporting requirements

Positive

  • None.

Negative

  • None.
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*
Krysler P. Kevan

(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 Financial 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 9,562(1) D $52.87 560,556 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 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 did Pure Storage (PSTG) CFO Kevan Krysler dispose of on June 20, 2025?

Pure Storage CFO Kevan Krysler disposed of 9,562 shares of Class A Common Stock on June 20, 2025. These shares were withheld by the company at a price of $52.87 per share to satisfy tax withholding obligations related to vesting equity awards.

How many PSTG shares does CFO Kevan Krysler own after the June 20, 2025 transaction?

Following the reported transaction on June 20, 2025, CFO Kevan Krysler directly owns 560,556 shares of Pure Storage (PSTG) Class A Common Stock.

What was the purpose of PSTG CFO's stock disposition in June 2025?

The disposition was not a direct sale by the CFO. According to the filing, the shares were withheld by Pure Storage to satisfy income tax withholding and remittance obligations in connection with the vesting and net settlement of the CFO's previously reported equity awards.

What was the price per share for PSTG CFO's stock transaction on June 20, 2025?

The shares were withheld at a price of $52.87 per share on June 20, 2025.

What is Kevan Krysler's role at Pure Storage (PSTG)?

Kevan Krysler serves as the Chief Financial Officer (CFO) of Pure Storage, as indicated in Section 5 of the Form 4 filing.
Pure Storage Inc

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PSTG Stock Data

23.38B
312.19M
5.45%
87.93%
3.03%
Computer Hardware
Computer Storage Devices
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United States
SANTA CLARA