CVLT (NASDAQ: CVLT) Form 144 shows 6,238-share vesting; insider sales listed
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
CVLT notice reports proposed resale activity in Common Stock tied to a restricted stock vesting and recent dispositions. The filing lists 6,238 shares associated with a 05/15/2026 restricted stock vesting (listed as Compensation) and three reported sales by Sanjay Mirchandani on 03/16/2026 (10,338 shares, $816,288.48), 03/17/2026 (10,052 shares, $805,064.68) and 05/18/2026 (8,457 shares, $884,084.63).
Positive
- None.
Negative
- None.
Key Figures
Restricted shares vesting: 6,238 shares
Sale 1: 10,338 shares
Sale 2: 10,052 shares
+2 more
5 metrics
Restricted shares vesting
6,238 shares
Restricted Stock Vesting dated 05/15/2026; labeled Compensation
Sale 1
10,338 shares
Sale by Sanjay Mirchandani on 03/16/2026 for $816,288.48
Sale 2
10,052 shares
Sale by Sanjay Mirchandani on 03/17/2026 for $805,064.68
Sale 3
8,457 shares
Sale by Sanjay Mirchandani on 05/18/2026 for $884,084.63
Reported value
$648,839.96
Value shown alongside 6,238-share row (table entry)
Key Terms
Restricted Stock Vesting, Compensation, Securities To Be Sold
3 terms
Restricted Stock Vesting financial
"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.
Compensation financial
"05/15/2026 | Compensation"
Securities To Be Sold regulatory
"144: Securities To Be Sold"
FAQ
What does the Form 144 for CVLT report?
The Form 144 reports a proposed resale tied to a 05/15/2026 restricted stock vesting of 6,238 shares and lists three recent sales by Sanjay Mirchandani on 03/16/2026, 03/17/2026, and 05/18/2026.
What recent sales by Sanjay Mirchandani are disclosed in the CVLT Form 144?
The excerpt lists three dispositions by Sanjay Mirchandani: 10,338 shares on 03/16/2026 ($816,288.48), 10,052 shares on 03/17/2026 ($805,064.68), and 8,457 shares on 05/18/2026 ($884,084.63).
Who is the broker or custodian named in the CVLT excerpt?
The excerpt names Fidelity Brokerage Services LLC at 900 Salem Street, Smithfield RI 02917 in connection with the Common stock entry and the listed 6,238 shares and value shown in the table.