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Commvault Systems holder Adamo plans $201K sale

COMMVAULT SYSTEMS INC (CVLT) has a notice of proposed sale under Rule 144 filed on behalf of Nicholas Adamo, covering up to 1,530 shares of common stock to be sold through Fidelity Brokerage Services LLC on NASDAQ.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

COMMVAULT SYSTEMS INC (CVLT) has a notice of proposed sale under Rule 144 filed on behalf of Nicholas Adamo, covering up to 1,530 shares of common stock to be sold through Fidelity Brokerage Services LLC on NASDAQ. The shares relate to restricted stock vesting on August 8, 2025, received from the issuer as compensation.

The filing lists common stock with an indicated aggregate market value of $201,443.93 for the 1,530 shares. The notice is signed by Wade Moss as a duly authorized representative of Fidelity Brokerage Services LLC, acting as attorney-in-fact for Nicholas Adamo.

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Shares covered by Rule 144 notice 1,530 shares Common stock of Commvault Systems indicated in the Form 144
Aggregate market value of shares $201,443.93 Value associated with 1,530 CVLT common shares in the securities information table
Vesting date of restricted stock August 8, 2025 Restricted Stock Vesting date in the securities-to-be-sold section
Number of shares from restricted stock vesting 1,530 shares Securities to be sold from issuer as compensation
Issuer phone number 732-870-4000 Contact phone number for Commvault Systems Inc.
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Vesting financial
"Common | 08/08/2025 | 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.
attorney-in-fact regulatory
"as attorney-in-fact for Nicholas Adamo"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing for CVLT disclose about Nicholas Adamo?

The Form 144 discloses that Nicholas Adamo intends a Rule 144 sale of 1,530 shares of Commvault Systems common stock, with the transaction to be executed through Fidelity Brokerage Services LLC on NASDAQ.

How many CVLT shares are covered by this Rule 144 notice?

The notice covers 1,530 shares of Commvault Systems common stock. The filing associates these shares with an aggregate market value of $201,443.93 for purposes of the Rule 144 information table.

What is the source of the CVLT shares in this Form 144 filing?

The shares are tied to Restricted Stock Vesting dated August 8, 2025, acquired from the issuer as compensation, according to the securities-to-be-sold section of the Form 144 notice.

Which broker is handling the proposed CVLT share sale under Form 144?

The proposed sale is listed through Fidelity Brokerage Services LLC, located in Smithfield, Rhode Island, as the broker for the 1,530 CVLT common shares described in the Form 144 filing.

What valuation is associated with the CVLT shares in this Form 144?

The securities information section shows $201,443.93 as the aggregate market value associated with the 1,530 Commvault Systems common shares referenced in the Rule 144 notice.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

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