Gary Merrill sold Commvault shares (NASDAQ: CVLT) in May 2026, Rule 144 notice

Rhea-AI Filing Summary

Commvault notice reports proposed and recent sales of Common Stock under Rule 144 and compensation vesting. The filing lists 4,554 shares tied to a restricted stock vesting on 05/15/2026. It also records three consummated sales by Gary Merrill on 05/18/2026, 05/19/2026, and 05/22/2026 for $323,861.20, $479,276.22, and $405,615.81 respectively.

Insights

Securities Counsel

Rule 144 notice shows restricted shares vesting and recent open-market sales by an insider.

The filing records 4,554 shares listed as "Restricted Stock Vesting" on 05/15/2026, which are identified as securities to be sold under the Rule 144 notice. Separate entries list three completed sales by Gary Merrill on 05/18/2026, 05/19/2026, and 05/22/2026 with the transaction proceeds shown.

These entries are routine notifications under resale conditions; cash-flow treatment and holding periods tied to Rule 144 are not detailed in the excerpt. Subsequent filings or broker confirmations would show settlement mechanics and any holding-period compliance.

Key Figures

Restricted shares listed: 4,554 shares Sale on 05/18/2026: 3,098 shares Sale on 05/19/2026: 4,560 shares +1 more

4 metrics

Restricted shares listed 4,554 shares Restricted Stock Vesting on <date>05/15/2026</date>

Sale on 05/18/2026 3,098 shares Proceeds <money>$323,861.20</money>

Sale on 05/19/2026 4,560 shares Proceeds <money>$479,276.22</money>

Sale on 05/22/2026 3,777 shares Proceeds <money>$405,615.81</money>

Key Terms

Restricted Stock Vesting, Rule 144, Securities To Be Sold

3 terms

Restricted Stock Vesting regulatory

"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.

Rule 144 regulatory

"Form type: 144 (implied Rule 144 resale notice)"

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.

Securities To Be Sold financial

"144: Securities To Be Sold | Common | 05/15/2026"

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	4554	485911.80	41250627	05/26/2026	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			4554	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	05/18/2026	3098	323861.20
Gary Merrill 1 Commvault Way Tinton Falls NJ 07724	Common	05/19/2026	4560	479276.22
Gary Merrill 1 Commvault Way Tinton Falls NJ 07724	Common	05/22/2026	3777	405615.81

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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 did the Commvault (CVLT) filing disclose about restricted shares?

The filing lists 4,554 shares as "Restricted Stock Vesting" with an effective date of 05/15/2026. This line identifies shares tied to compensation vesting that are referenced for potential resale under Rule 144.

Which insider transactions are reported in the filing for CVLT?

The filing records three sales by Gary Merrill: 3,098 shares on 05/18/2026 for $323,861.20, 4,560 shares on 05/19/2026 for $479,276.22, and 3,777 shares on 05/22/2026 for $405,615.81.

Does the filing state who receives the proceeds from the sales?

The excerpt shows sale proceeds for each transaction ($323,861.20, $479,276.22, $405,615.81) but does not specify beneficiary details beyond the named seller, Gary Merrill, in the visible lines.

Are the 4,554 vested shares included among the sales reported?

The filing lists 4,554 shares as securities to be sold due to restricted stock vesting on 05/15/2026. The three completed sales shown are separate line items with their own dates and share counts.