Form 4: Pure Storage CVO Gifts 100,000 Shares to Family Trust

Pure Storage Chief Visionary Officer John Colgrove reported gifting 100,000 Class A Common Stock shares to a family trust on January 7, 2026.

Summary

• John Colgrove, Chief Visionary Officer and Director of Pure Storage, Inc. (PSTG), reported an insider transaction on January 7, 2026.
• The transaction involved a gift (Transaction Code 'G') of 100,000 shares of Class A Common Stock.
• The shares were transferred from an indirect holding (Colgrove Family Living Trust) to another indirect holding (VCF Trust) at a price of $0 per share.
• The VCF Trust's beneficiaries include members of Colgrove's extended and immediate family.
• Following the reported transaction, Colgrove's indirect beneficial ownership through the Colgrove Family Living Trust is 601,959 shares, and through the VCF Trust is 100,000 shares.
• Colgrove also directly owns 6,463,496 shares and indirectly owns 2,765,000 shares through The EEC Irrevocable Trust and 2,765,000 shares through The RWC Irrevocable Trust.

Sentiment

Score: 5

Explanation: Neutral. This is a routine insider transaction (a gift between trusts) and does not reflect a positive or negative sentiment towards the company's immediate prospects. It indicates a long-term family interest.

Positives

• The transaction is a gift, not a sale for cash, indicating that the shares remain within the insider's beneficial ownership structure.
• The transfer to family trusts suggests a long-term commitment and continued alignment of the insider's interests with the company's future performance.

Industry Context

Insider transactions, such as gifts of shares, are routine disclosures for publicly traded companies and are closely monitored by investors for insights into management's confidence and long-term commitment. This specific transaction is a transfer between family trusts, which is a common estate planning activity for high-net-worth individuals.

Related Party Transactions

• John Colgrove, Chief Visionary Officer, gifted 100,000 shares of Class A Common Stock to the VCF Trust, whose beneficiaries include members of his extended and immediate family. This constitutes a related party transaction.

Stakeholder Impact

• The transaction, a gift to family trusts, indicates continued long-term alignment of the Chief Visionary Officer's interests with those of shareholders, as the shares remain within the family's beneficial ownership.

Key Dates

Recommendation

This Form 4 filing reports a routine insider transaction involving a gift of shares between family trusts. It does not indicate any change in the company's operational performance, financial health, or strategic direction. As such, it provides no new information that would warrant a change in investment recommendation. The shares remain within the beneficial ownership of the insider's family, suggesting continued long-term interest rather than a divestment.

Keywords

Pure Storage, PSTG, John Colgrove, Insider Transaction, Form 4, Stock Gift, Beneficial Ownership, Chief Visionary Officer, Director