Everpure, Inc.·4

Mar 12, 4:13 PM ET

Chu Mona 4

Research Summary

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Updated

PSTG (Everpure) Chief Accounting Officer Mona Chu Receives Award

What Happened

  • Mona Chu, Everpure’s Chief Accounting Officer, acquired 37,533 shares of Class A Common Stock on March 10, 2026 under a Performance-Based Restricted Stock Unit (PRSU) award. The reported acquisition price is $0 (code A — grant/award), reflecting issuance upon vesting rather than an open-market purchase. The Compensation & Talent Committee determined performance achievement on March 10, 2026.

Key Details

  • Transaction date reported: 2026-03-10 (Form 4 filed 2026-03-12).
  • Transaction type/code: Award/Grant (A); reported acquisition price $0.
  • Shares involved: 37,533 underlying shares.
  • Shares owned after transaction: not specified in the provided filing summary.
  • Footnote (F1): 1/3 of the PRSU will vest on March 20, 2026; the remaining shares vest quarterly in equal installments over the following two years, subject to continuous service per the issuer’s 2015 Equity Incentive Plan. Committee certified performance achievement on March 10, 2026.
  • Timeliness: Filing appears timely (Form 4 filed two days after the transaction date).

Context

  • This is a compensation-related award that vests based on performance and service conditions, not a market purchase or sale. Such grants reflect incentive compensation and do not by themselves signal insider buying or selling intent; the economic value to the insider will depend on PSTG’s market price when shares are delivered.