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CVLT (NASDAQ: CVLT) Form 144 shows 6,238-share vesting; insider sales listed

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.
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)
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"

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 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.

How many shares are linked to the restricted stock vesting in the CVLT filing?

The filing shows 6,238 shares tied to a restricted stock vesting dated 05/15/2026, with the transaction type labeled as Compensation in the excerpt.

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.