Giancarlo Charles H 4

What Happened
Giancarlo Charles H, CEO and director of Everpure, Inc. (PSTG), had 108,940 shares withheld on March 20, 2026 to satisfy tax withholding related to the vesting and net settlement of equity awards. The withholding was reported at $65.45 per share, representing approximately $7,130,123. This was a tax-withholding/net-settlement action (code F), not an open-market sale by the insider.

Key Details

• Transaction date: March 20, 2026; Filing date (Form 4): March 24, 2026.
• Price used for withholding: $65.45 per share; total value: ~$7,130,123.
• Transaction code: F — shares withheld to satisfy tax withholding/remittance obligations in connection with vesting/net settlement.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes of note:
  • F1: Withheld shares were retained by the issuer to meet income tax withholding and do not represent a sale by the Reporting Person.
  • F2: Filing also includes 174 shares acquired March 15, 2026 under the issuer's Employee Stock Purchase Plan.
  • F3: Some shares are held by the Giancarlo Family Trust UAD 11/02/98.
• Timeliness: The Form 4 was filed four days after the transaction (Mar 20 → Mar 24). Form 4s are generally due within two business days, so this filing appears delayed relative to the standard window.

Context
This was a tax-withholding/net-settlement from vested equity — a routine administrative action that reduces the number of shares delivered to the insider and does not indicate an open-market sale or change in ownership intent. Such withholdings are common when restricted stock or net-settled awards vest.