Commvault (NASDAQ: CVLT) files Form 144 to sell 3,098 shares via Fidelity

Rhea-AI Filing Summary

Commvault (CVLT) submitted a Form 144 notice to sell 3,098 shares of common stock related to Restricted Stock Vesting dated 05/15/2026. The filing lists Fidelity Brokerage Services LLC at 900 Salem Street, Smithfield, RI as the broker-dealer.

The notice also records recent sales by Gary Merrill of 2,593 shares on 02/18/2026 and 1,892 shares on 02/19/2026, with dollar amounts shown in the excerpt.

Insights

Securities Compliance Analyst

Rule 144 resale notice for vested restricted shares; procedural disclosure.

The filing lists a proposed resale of 3,098 shares tied to Restricted Stock Vesting on 05/15/2026. This form functions as a regulatory notice under resale rules rather than an earnings or financing disclosure.

Cash-flow treatment is not stated in the excerpt; subsequent transaction details and timing will appear in trade reports or later filings if sales occur.

Corporate Governance Specialist

Routine insider/resale activity; watch for execution timing and volume.

The entry names Fidelity Brokerage Services LLC as the broker-dealer and records two prior sales by Gary Merrill (2,593 and 1,892 shares in February). The filing documents intent under resale rules rather than completion.

Follow-up disclosures or Form 4/stock-trade reports would show execution and post-transaction holdings.

Key Figures

Shares listed for resale: 3,098 shares Prior sale - 02/18/2026: 2,593 shares Prior sale - 02/19/2026: 1,892 shares +2 more

5 metrics

Shares listed for resale 3,098 shares Restricted Stock Vesting on <date>05/15/2026</date>

Prior sale - 02/18/2026 2,593 shares <date>02/18/2026</date> sale by Gary Merrill

Prior sale - 02/19/2026 1,892 shares <date>02/19/2026</date> sale by Gary Merrill

Proceeds shown (example 1) $234,100.71 Amount listed with 2,593-share sale on <date>02/18/2026</date>

Proceeds shown (example 2) $172,701.76 Amount listed with 1,892-share sale on <date>02/19/2026</date>

Key Terms

Rule 144, Restricted Stock Vesting, Broker-Dealer

3 terms

Rule 144 regulatory

"Form 144 resale notice for restricted stock vesting"

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

"Securities To Be Sold line shows Restricted Stock Vesting dated 05/15/2026"

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.

Broker-Dealer regulatory

"Fidelity Brokerage Services LLC listed at 900 Salem Street, Smithfield RI"

A broker-dealer is a licensed firm or individual that both executes trades on behalf of clients (acting as a broker) and buys or sells securities for its own account (acting as a dealer). Investors care because broker-dealers provide the plumbing of markets — they place orders, hold or move cash and securities, offer research or advice, and their stability and fees directly affect trade execution, costs, and the safety of client funds; think of them as a combined travel agent and taxi for your investments.

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	3098	323861.20	41250627	05/18/2026	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			3098	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	02/18/2026	2593	234100.71
Gary Merrill 1 Commvault Way Tinton Falls NJ 07724	Common	02/19/2026	1892	172701.76

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 Form 144 disclose about the shares?

The Form 144 discloses a proposed sale of 3,098 shares of common stock tied to Restricted Stock Vesting dated 05/15/2026. It names Fidelity Brokerage Services LLC as the broker-dealer handling the resale notice.

Who is listed as the broker-dealer on the CVLT Form 144?

The filing lists Fidelity Brokerage Services LLC at 900 Salem Street, Smithfield, RI as the broker-dealer. That is the intermediary named in the resale notice for the 3,098 shares dated 05/15/2026.

Does the Form 144 show prior insider sales for CVLT?

Yes. The excerpt records prior sales by Gary Merrill of 2,593 shares on 02/18/2026 and 1,892 shares on 02/19/2026, with dollar amounts listed alongside those transactions.

Does the Form 144 confirm the sale is completed?

No. The Form 144 is a notice of intent to sell under resale rules; it documents the proposed sale of 3,098 shares from vested restricted stock on 05/15/2026. Execution details are not provided in the excerpt.