PSTG insider award: 92,896 RSUs, 108,840 perf units granted

Rhea-AI Filing Summary

Pure Storage (PSTG) reported an insider equity award for its Chief Revenue Officer. On 11/04/2025, the officer acquired 92,896 shares of Class A common stock at $0, bringing direct beneficial ownership to 93,951 shares. The award is in the form of RSUs that vest 25% on December 20, 2026, with the remainder vesting quarterly over the following three years on the 20th day of the second month of each fiscal quarter.

A separate stock-related performance RSU grant covers 108,840 underlying shares at $0. These vest only if the company’s market capitalization meets or exceeds $40 billion as of the end of fiscal years 2028, 2029, or 2030, and require continuous service through March 20, 2030; otherwise the award is forfeited.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Finn Patrick Stephen

Role Chief Revenue Officer

Type	Security	Shares	Price	Value
Grant/Award	Stock-Related Performance Restricted Stock Unit	108,840	$0.00	--
Grant/Award	Class A Common Stock	92,896	$0.00	--

Holdings After Transaction: Stock-Related Performance Restricted Stock Unit — 108,840 shares (Direct); Class A Common Stock — 93,951 shares (Direct)

Footnotes (1)

1. The shares of Class A Common Stock are to be acquired upon the vesting of a Restricted Stock Unit ("RSU") award granted to the Reporting Person. The RSUs shall vest as follows: 25% of the shares subject to the RSU award will vest on December 20, 2026, and the remaining shares vesting and settling quarterly over the following three years on the 20th day of the second month of each fiscal quarter, subject to accelerated vesting as set forth in the Issuer's Change in Control Severance Benefit Plan, and otherwise subject to the Reporting Person's Continuous Service on the date of vesting (as defined in the Issuer's 2015 Equity Incentive Plan). The shares of Class A Common Stock are to be acquired upon the vesting of a Long-Term Performance Incentive Restricted Stock Unit ("LTP") award under the Issuer's 2015 Equity Incentive Plan and related award agreement. The number of shares vested under the LTP Award will be contingent upon the Issuer's market capitalization, as a function of the Issuer's stock price and shares outstanding (the "Market Cap Contingency"), meeting or exceeding $40 billion, measured as of the end of the Issuer's fiscal years ending in 2028, 2029 or 2030, subject to Reporting Person's Continuous Service (as defined in the Issuer's 2015 Equity Incentive Plan) through March 20, 2030. If the Market Cap Contingency is not met by the end of the Issuer's fiscal year ending in 2030, the LTP award will immediately be forfeited.

Form 4 Insider Transactions: What Each Field Means →

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^*

Finn Patrick Stephen

(Last) (First) (Middle)

2555 AUGUSTINE DR.

(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 Revenue Officer

3. Date of Earliest Transaction (Month/Day/Year)
11/04/2025

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	11/04/2025		A		92,896	A(1)	$0	93,951	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-Related Performance Restricted Stock Unit	$0	11/04/2025		A		108,840		(2)	(3)	Class A Common Stock	108,840	$0	108,840	D

Explanation of Responses:

1. The shares of Class A Common Stock are to be acquired upon the vesting of a Restricted Stock Unit ("RSU") award granted to the Reporting Person. The RSUs shall vest as follows: 25% of the shares subject to the RSU award will vest on December 20, 2026, and the remaining shares vesting and settling quarterly over the following three years on the 20th day of the second month of each fiscal quarter, subject to accelerated vesting as set forth in the Issuer's Change in Control Severance Benefit Plan, and otherwise subject to the Reporting Person's Continuous Service on the date of vesting (as defined in the Issuer's 2015 Equity Incentive Plan).

2. The shares of Class A Common Stock are to be acquired upon the vesting of a Long-Term Performance Incentive Restricted Stock Unit ("LTP") award under the Issuer's 2015 Equity Incentive Plan and related award agreement. The number of shares vested under the LTP Award will be contingent upon the Issuer's market capitalization, as a function of the Issuer's stock price and shares outstanding (the "Market Cap Contingency"), meeting or exceeding $40 billion, measured as of the end of the Issuer's fiscal years ending in 2028, 2029 or 2030, subject to Reporting Person's Continuous Service (as defined in the Issuer's 2015 Equity Incentive Plan) through March 20, 2030.

3. If the Market Cap Contingency is not met by the end of the Issuer's fiscal year ending in 2030, the LTP award will immediately be forfeited.

Remarks:

	/s/ Todd Wheeler, attorney-in-fact	11/06/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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