Pure Storage CFO Maintains Strong Position with 560K Shares After Tax Settlement
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Krysler P. Kevan
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 9,562 | $52.87 | $506K |
Holdings After Transaction:
Class A Common Stock — 560,556 shares (Direct)
Footnotes (1)
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FAQ
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 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.