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Commvault (NASDAQ: CVLT) Rule 144 notice: 2,285 vested shares to be sold

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

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.

Positive

  • None.

Negative

  • None.

Insights

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.

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
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.

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

FAQ

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.