Everpure, Inc.·4

Mar 24, 4:27 PM ET

ROBBIATI TAREK 4

Research Summary

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Updated

Everpure (PSTG) CFO Tarek Robbiati Withholds 23,337 Shares

What Happened

  • Tarek Robbiati, Chief Financial Officer of Everpure, had 23,337 shares withheld by the company on March 20, 2026 to satisfy income tax withholding related to the vesting/net settlement of equity awards. The withholding was recorded at $65.45 per share, for a notional amount of $1,527,407.
  • This transaction is a tax withholding/net settlement (code F) and, per the filing footnote, does not represent a sale by the reporting person.

Key Details

  • Transaction date and price: March 20, 2026 — 23,337 shares at $65.45 each.
  • Total value (withheld): $1,527,407 (calculated at the reported price).
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Footnote: F1 states the shares were withheld by the issuer to satisfy income tax withholding/remittance for vested equity and do not represent a sale by the reporting person.
  • Filing date: March 24, 2026 — filed within the standard SEC Form 4 reporting window (filed by the second business day after the transaction).

Context

  • This was a routine tax-withholding/net settlement tied to vested awards, not an open-market sale or purchase. Such withholdings are common when equity awards vest and should not be interpreted as a directional trade signal by the insider.