[144] Commault Systems, Inc. SEC Filing

Rhea-AI Filing Summary

Commault Systems filed a Form 144 reporting a proposed sale of 765 common shares with an aggregate market value of $139,933.80. The filing lists 44,459,659 shares outstanding for the issuer. The securities were acquired as restricted stock from the issuer on 08/08/2025 and are to be sold through Morgan Stanley Smith Barney LLC with an approximate sale date of 08/11/2025. The form also states "Nothing to Report" for securities sold in the past three months and includes the required representation that the seller does not possess undisclosed material information.

Positive

• Transaction details disclosed: number of shares, aggregate market value, acquisition date and method, broker and planned sale date are provided.
• No sales in prior three months: the filing states "Nothing to Report" for securities sold during the past three months.
• Broker identified: Morgan Stanley Smith Barney LLC is named as the executing broker.

Negative

• Identifying fields incomplete: filer/issuer contact and the "Name of Person for Whose Account" appear blank or are not provided in the supplied content.
• Rapid turn‑around between acquisition and sale: the securities were acquired on 08/08/2025 and the proposed sale date is 08/11/2025, as stated in the filing.

Insights

Securities Analyst

TL;DR: Form 144 discloses a planned sale of 765 shares acquired as restricted stock, routed through Morgan Stanley on 08/11/2025.

The filing provides clear transaction detail: number of shares, aggregate market value, acquisition method and dates, broker name and planned sale date. No prior sales in the past three months are reported. Based solely on the information presented, this is a routine Form 144 notice documenting an insider or control-person sale; the filing does not include additional contextual financial data or trading rationale.

Corporate Governance Expert

TL;DR: The Form 144 fulfills disclosure requirements but leaves key identifying fields unspecified in the provided content.

The form documents the sale mechanics and contains the standard seller representation regarding material nonpublic information. However, contact and filer identification fields appear blank in the supplied text, which limits transparency for external review. The filing otherwise follows Rule 144 disclosure format by listing acquisition details, broker and planned sale date.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	765	139933.80	44459659	08/11/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/08/2025	Restricted Stock	ISSUER			765	08/08/2025	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 for CVLT disclose?

The Form 144 reports a proposed sale of 765 common shares of CVLT with an aggregate market value of $139,933.80, to be executed via Morgan Stanley Smith Barney LLC on or about 08/11/2025.

When and how were the shares being sold acquired?

The filing states the 765 shares were acquired as restricted stock from the issuer on 08/08/2025.

Does the filing report any securities sold in the past three months for CVLT?

No. The filing lists "Nothing to Report" for securities sold during the past three months.

Who is the broker handling the sale listed in the Form 144?

The broker named is Morgan Stanley Smith Barney LLC, Executive Financial Services, 1 New York Plaza, 8th Floor, New York, NY 10004.

Does the filing identify the seller or provide contact details?

In the supplied content, the Name of Person for Whose Account and filer contact fields are not populated or are not shown.