Commvault (CVLT) files Form 144: insider sale notice for 2,275 shares

Rhea-AI Filing Summary

Commvault Systems, Inc. submitted a Form 144 notice reporting proposed sales of 2,275 shares of Common Stock through Fidelity Brokerage Services on 05/19/2026. The filing notes those shares relate to a restricted stock vesting event dated 05/15/2026. The filing also discloses prior dispositions by Gary Merrill of 1,892 shares on 02/19/2026 and 3,098 shares on 05/18/2026, with the respective proceeds shown.

Insights

Securities Compliance Counsel

Form 144 records a proposed brokered sale after vesting.

The notice lists 2,275 shares offered via Fidelity following a restricted stock vesting dated 05/15/2026. Form 144s are procedural disclosures required for certain affiliate sales under federal resale rules.

Timing and execution depend on broker handling and market transactions; subsequent reports will show completed dispositions if and when executed.

Equity Markets Analyst

Insider disposition sizes are small relative to typical public floats.

The filing shows past dispositions of 1,892 and 3,098 shares with aggregate proceeds displayed, and a proposed sale of 2,275 shares. These amounts typically represent routine liquidity following vesting.

Cash‑flow treatment and whether sales execute are determined by broker execution and affilitate decisions; subsequent Form 4/144 updates would confirm completion.

Key Figures

Proposed shares to be sold: 2,275 shares Restricted stock vesting: 2,275 shares Prior disposition: 1,892 shares +3 more

6 metrics

Proposed shares to be sold 2,275 shares proposed sale via Fidelity Brokerage on <date>05/19/2026</date>

Restricted stock vesting 2,275 shares vesting date <date>05/15/2026</date>

Prior disposition 1,892 shares sold on <date>02/19/2026</date> for <money>$172,701.76</money>

Prior disposition 3,098 shares sold on <date>05/18/2026</date> for <money>$323,861.20</money>

Reported aggregate amount (line item) <money>$236,632.07</money> listed adjacent to broker information on the filing (entry context)

Reported outstanding/other figure 41,250,627 numerical field present on the filing (entry context)

Key Terms

Form 144, Restricted Stock Vesting, Fidelity Brokerage Services

3 terms

Form 144 regulatory

"144: Securities To Be Sold | Common | Fidelity Brokerage ... | 2275"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Restricted Stock Vesting financial

"Common | 05/15/2026 | Restricted Stock Vesting | Issuer"

Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.

Fidelity Brokerage Services market

"Common | Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917"

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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	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	2275	236632.07	41250627	05/19/2026	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	05/15/2026	Restricted Stock Vesting	Issuer			2275	05/15/2026	Compensation

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Gary Merrill 1 Commvault Way Tinton Falls NJ 07724	Common	02/19/2026	1892	172701.76
Gary Merrill 1 Commvault Way Tinton Falls NJ 07724	Common	05/18/2026	3098	323861.20

144: Remarks and Signature

Remarks

Date of Notice

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 Commvault's (CVLT) Form 144 disclose about the 2,275 shares?

It discloses a proposed sale of 2,275 shares through Fidelity Brokerage on 05/19/2026. The shares are linked to a restricted stock vesting dated 05/15/2026, per the filing's listing.

Who previously sold Commvault shares according to the filing?

The filing shows dispositions by Gary Merrill of 1,892 shares on 02/19/2026 and 3,098 shares on 05/18/2026. Each sale entry includes the reported proceeds.

Does the Form 144 confirm the proposed sales were completed?

No, Form 144 reports a proposed broker sale; it does not confirm execution. Completion and settled dispositions would appear in subsequent transaction reports if executed.

Are the proceeds from the listed past sales shown for CVLT?

Yes, the filing lists proceeds for prior dispositions: $172,701.76 for 02/19/2026 and $323,861.20 for 05/18/2026, alongside the share counts.