Form 4: Pure Storage Executive John Colgrove Reports Tax Withholding Share Transaction
SEC Form 4 Filing
John Colgrove, Chief Visionary Officer at Pure Storage, reports the withholding of shares to cover income tax obligations related to equity awards.
Summary
- On March 20, 2025, John Colgrove, Chief Visionary Officer of Pure Storage, Inc., had 18,902 Class A Common Stock shares withheld by the issuer to cover income tax obligations related to the vesting and net settlement of equity awards.
- The shares were withheld at a price of $51.52 per share.
- Following the transaction, Colgrove directly owns 6,348,376 shares of Class A Common Stock.
- Colgrove also indirectly owns shares through several trusts, including the Colgrove Family Living Trust (901,959 shares), Eric Edward Colgrove Irrevocable Trust (2,765,000 shares), Richard Winston Colgrove Irrevocable Trust (2,765,000 shares), and The Colgrove Family Charitable Remainder Trust (800,000 shares).
Sentiment
Score: 5
Explanation: Neutral sentiment as this is a routine transaction related to tax obligations.
Industry Context
This is a routine Form 4 filing, reflecting standard practice for executives to manage tax obligations related to equity compensation.
Key Dates
| Date | Description |
|---|---|
| 03/20/2025 | Date of the transaction where shares were withheld for tax obligations. |
| 03/24/2025 | Date of the signature on the Form 4 filing. |
Keywords
Pure Storage, John Colgrove, Form 4, Insider Trading, Equity Awards, Tax Withholding, Beneficial Ownership, PSTG
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