Brown Andrew William Fraser 4
Research Summary
AI-generated summary
Everpure (PSTG) Director Andrew Brown Gifts 4,500 Shares
What Happened
- Andrew William Fraser Brown, a director of Everpure, reported several gift transactions (code G) of Everpure (PSTG) stock on March 17–18, 2026. The filings show three 1,500-share dispositions (totaling 4,500 shares) reported as gifts and one 1,500-share gift entry reported as an acquisition by a trust. All transactions are reported at $0.00 per share (gifts), so no cash changed hands.
Key Details
- Transaction dates and amounts:
- 2026-03-17: Gift — 1,500 shares disposed (reported at $0.00)
- 2026-03-18: Gift — 1,500 shares disposed (reported at $0.00)
- 2026-03-18: Gift — 1,500 shares disposed (reported at $0.00)
- 2026-03-18: Gift — 1,500 shares acquired (reported at $0.00)
- Filing: Reported period 2026-03-17; Form 4 filed 2026-03-19 (timely, not marked late).
- Shares owned after transaction: not specified in the provided transaction summary.
- Footnotes of note:
- F1: Gifts were made to trusts for the benefit of the reporting person’s children; the reporting person disclaims beneficial ownership of shares held by these trusts.
- F2: One gift was made to the Nicholas Brown 2021 Gift Trust (the reporting person’s spouse is trustee; a family member is beneficiary).
- F3: Shares are held by the Nicholas Brown 2021 Gift Trust.
Context
- These were gifts to family trusts rather than open-market sales or purchases. Gifts are not direct indicators of the insider’s market sentiment about the company and often reflect estate or family planning. No cash proceeds or option exercises are involved in these entries.