Commvault Sys Inc SEC Filings

Commvault Systems (CVLT) CFO Jennifer Leigh DiRico reported multiple sales of common stock executed under a pre-existing Rule 10b5-1 trading plan. The disclosures show four disposition entries on 09/09/2025 totaling 14,909 shares sold at weighted-average prices between approximately $181.55 and $184.63. After these sales the reporting person beneficially owned 45,143 shares. The filer notes the trading plan was adopted on June 10, 2025 and that a lock-up agreement remains in effect but permits these sales until its expiration on November 1, 2025. The form states that the reported sale prices are weighted averages from multiple transactions and that more granular price/quantity details can be provided on request.

Form 144 notice for Commvault Systems, Inc. (CVLT): The filer reports a proposed sale of 14,909 common shares through Morgan Stanley Smith Barney on 09/09/2025 on NASDAQ, with an aggregate market value of $2,716,729.91. These shares were acquired on 08/15/2025 from the issuer as 4,744 performance shares and 10,165 restricted stock. The filing also discloses a recent sale by Jennifer Dirico of 11,151 common shares on 08/18/2025 for gross proceeds of $1,985,264.94. The notice includes the standard representation that the seller is not aware of any undisclosed material adverse information about the issuer.

Allison Pickens, a director of Commvault Systems, Inc. (CVLT), sold 690 shares of the company on 09/03/2025 at a price of $177.89 per share. After the sale she beneficially owned 5,166 shares, held directly. The Form 4 states the sale was executed under a Rule 10b5-1 trading plan adopted by the reporting person on February 10, 2025. The filing also notes Pickens is subject to a lock-up agreement that expires November 1, 2025 and that this sale was a permissible exemption under that agreement. The Form 4 was signed by an attorney-in-fact, Danielle Abrahamsen, on 09/05/2025.

Form 144 filing for CVLT shows a proposed sale of 690 shares of Common stock through Morgan Stanley Smith Barney LLC with an aggregate market value of $123,358.20. The shares were acquired as Restricted Stock Units on 08/29/2024 from the issuer and the proposed sale date is 09/03/2025. The filing reports 44,459,659 shares outstanding, indicating the 690-share sale represents a vanishingly small portion of the company's outstanding stock. Several standard filer and issuer identification fields are blank in the provided content, so the precise identity of the selling person and some contact details are not available in this extract.

Sanjay S. Mirchandani, President & CEO and a director of Commvault Systems, Inc. (CVLT), reported transfers of common stock on 08/29/2025. He moved 56,000 shares previously held directly into the "Sanjay S. Mirchandani 2025 GRAT", of which he is trustee and grantor and which benefits him and his children. The Form 4 shows 387,022 shares held directly following the reported transactions and an additional 56,000 shares held indirectly through the GRAT. The filing states this was not a market sale, so no price is reported. The Form 4 was signed on behalf of the reporting person by an attorney-in-fact on 09/03/2025.

Commvault Systems Inc. (CVLT) insider trading report: Sanjay Mirchandani, President & CEO and a director, reported multiple sales of Commvault common stock on August 18-19, 2025. The filings show a series of dispositions executed at weighted-average prices between about $175.70 and $178.63 per share, and a separate purchase under the company ESPP on August 14, 2025. Some shares were sold automatically to satisfy tax withholding on vested restricted stock.

The transactions were effected under an existing Rule 10b5-1 trading plan adopted November 18, 2024. After the reported sales, Mirchandani's beneficial ownership was reported as 443,022 shares.

Merrill Gary, Chief Commercial Officer and director of Commvault Systems, Inc. (CVLT), reported a sale of 2,628 shares of the company's common stock on 08/18/2025 at $178.03 per share. The filing states the shares were automatically sold solely to satisfy tax withholding obligations upon the vesting of restricted stock, and the proceeds were submitted to the Internal Revenue Service. After the sale, Mr. Gary beneficially owned 87,081 shares, held directly. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person. The disclosure is a routine insider tax-withholding sale rather than a discretionary stock sale for other purposes.