Commvault exec files Rule 144 to sell 2,285 shares

Commvault (CVLT) filing a Rule 144 notice indicates an intended sale of 2,285 shares of Common Stock associated with restricted stock vesting on 05/15/2026.

Rhea-AI Filing Summary

Commvault (CVLT) filing a Rule 144 notice indicates an intended sale of 2,285 shares of Common Stock associated with restricted stock vesting on 05/15/2026. The excerpt also lists two recent Common Stock sales by Gary Merrill: 1,892 shares on 02/19/2026 and 3,098 shares on 05/18/2026, with dollar amounts shown for each transaction.

Insights

Securities Counsel

Routine Rule 144 notice for planned resale after vesting.

Rule 144 filings typically notify the SEC of an intended sale by an affiliate or restricted security holder. The filing lists 2,285 shares to be sold tied to restricted stock vesting on 05/15/2026, which is a common post-vesting step.

Cash-flow treatment and whether sales have occurred are itemized separately: prior sales of 1,892 and 3,098 shares are reported with proceeds. Timing and execution method for the planned sale are not described in the excerpt.

Key Figures

Planned resale: 2,285 shares Prior sale 1: 1,892 shares Prior sale 2: 3,098 shares

3 metrics

Planned resale 2,285 shares Restricted Stock Vesting on 05/15/2026

Prior sale 1 1,892 shares Sold on 02/19/2026 for $172,701.76

Prior sale 2 3,098 shares Sold on 05/18/2026 for $323,861.20

Key Terms

Rule 144, Form 144, Restricted Stock Vesting

3 terms

Rule 144 regulatory

"Securities To Be Sold 05/15/2026 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.

Form 144 regulatory

"Filer Information | Issuer Information | Securities Information"

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

"Securities To Be Sold Common 05/15/2026 Restricted Stock Vesting"

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.

FAQ

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

What does the Form 144 filed by CVLT mean?

Form 144 notifies the SEC of an intended resale under Rule 144. It lists 2,285 shares tied to restricted stock vesting on 05/15/2026, indicating the holder plans to sell those vested shares following applicable resale conditions.

Who reported recent sales in the filing for CVLT?

The filing shows sales attributed to Gary Merrill: 1,892 shares sold on 02/19/2026 for $172,701.76 and 3,098 shares sold on 05/18/2026 for $323,861.20, as reported in the excerpt.

How many CVLT shares are listed to be sold and why?

The excerpt lists 2,285 shares to be sold, described as resulting from Restricted Stock Vesting on 05/15/2026. The filing ties the shares to compensation-related vesting rather than an open-market purchase.

Does the filing state who receives proceeds from the sale?

The excerpt identifies the securities as tied to compensation and lists the intended sale quantity, but it does not state the recipient of proceeds or specific distribution mechanics for the planned 2,285-share sale.

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

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Accepted by SEC EDGAR 05/19/2026 - 09:53 AM Learn about SEC filing dates

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	0001560814
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	COMMVAULT SYSTEMS INC
SEC File Number	001-33026
Address of Issuer	1 COMMVAULT WAY TINTON FALLS NEW JERSEY 07724
Phone	732-870-4000
Name of Person for Whose Account the Securities are To Be Sold	Merrill Gary
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	Officer

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	2285	242644.15	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			2285	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	05/19/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	06/13/2025
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	/s/ Eric Janiak, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Gary Merrill
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)