PSTG CRO Dan FitzSimons sold 6,051 shares at $87.42 for $528,978.42; holds 62,759 shares post-sale.
Dan FitzSimons, Chief Revenue Officer, sold 6,051 shares (8.8% of his pre-transaction holdings) at $87.42, reducing his stake from 68,810 to 62,759 shares. The sale occurred near the 52-week high of $88.29, and his cross-ticker track record shows a 60.00% well-timed rate on prior sells with an average 90-day return of 4.0%. At PSTG specifically, his timing has been mixed: 3 of 5 prior sells showed negative 90-day returns (well-timed), but his most recent PSTG sale on 2024-12-24 was poorly timed, with the stock returning +12.9% in 30 days and -17.5% in 90 days after the sale. The current transaction occurs as PSTG trades at an elevated valuation (P/E 210.21) following a sharp 30-day gain of +51.4%, which may reflect profit-taking rather than fundamental concern. The CRO's continued substantial holdings (62.8K shares) suggest maintained alignment with the company.