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Commvault officer plans $56K stock sale

COMMVAULT SYSTEMS INC (CVLT) is named as the issuer in a notice under Rule 144 for proposed sales of its common stock by company officer Danielle Nicole Abrahamsen, through Fidelity Brokerage Services LLC.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

COMMVAULT SYSTEMS INC (CVLT) is named as the issuer in a notice under Rule 144 for proposed sales of its common stock by company officer Danielle Nicole Abrahamsen, through Fidelity Brokerage Services LLC. The notice covers 391 shares of common stock, associated with restricted stock that vested on 08/14/2025 and was granted by the issuer as compensation, with an intended sale date of 08/14/2026 on NASDAQ. The filer also reports several prior open-market sales of CVLT common stock during the past three months, and notes that the sale includes shares needed to cover a tax obligation arising from settlement of a vested equity award.

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Shares proposed for sale 391 shares Common stock covered by the Rule 144 notice for planned sale
Aggregate market value of proposed sale $56,161.17 Market value reported for the 391 CVLT shares in the Rule 144 notice
Acquisition date of restricted stock 08/14/2025 Date of restricted stock vesting for the 391 shares to be sold
Intended sale date 08/14/2026 Planned date of sale for the 391 CVLT shares on NASDAQ
Sale on 05/18/2026 925 shares for $96,678.37 Common stock sold by Danielle N. Abrahamsen during the past three months
Sale on 05/19/2026 1,065 shares for $112,724.62 Common stock sale reported in the past three months section
Sale on 08/17/2026 119 shares for $17,133.62 Most recent past three months sale listed for Danielle N. Abrahamsen
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
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.
Restricted Stock Vesting financial
"Common | 08/14/2025 | Restricted Stock Vesting | Issuer"
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.
attorney-in-fact regulatory
"as attorney-in-fact for Danielle Abrahamsen ATTENTION"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
compensation financial
"391 | 08/14/2026 | Compensation"

FAQ

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

What does the Rule 144 filing disclose for COMMVAULT SYSTEMS INC (CVLT)?

The filing discloses a planned sale under Rule 144 of 391 shares of CVLT common stock by officer Danielle Nicole Abrahamsen, related to vested restricted stock, with sales to be executed through Fidelity Brokerage Services LLC on NASDAQ.

How many COMMVAULT (CVLT) shares are planned for sale in this Rule 144 notice?

The notice covers a proposed sale of 391 shares of COMMVAULT common stock. These shares are tied to restricted stock vesting that occurred on 08/14/2025 and are planned to be sold on 08/14/2026 as compensation-related equity.

What is the stated market value of the CVLT shares covered by this Rule 144 notice?

The Rule 144 notice lists an aggregate market value of $56,161.17 for the 391 CVLT shares proposed to be sold. This value is reported in the securities information section for the common stock to be sold on NASDAQ.

What prior COMMVAULT (CVLT) stock sales has Danielle Abrahamsen reported in the last three months?

The notice lists several past sales of CVLT common stock by Danielle N. Abrahamsen, including 925 shares on 05/18/2026 for $96,678.37 and 1,065 shares on 05/19/2026 for $112,724.62, among additional smaller transactions through 08/17/2026.

Why does the Rule 144 filing mention tax obligations for the CVLT share sale?

The remarks state the sale includes shares needed to cover a tax obligation resulting from the settlement of a vested equity award distribution. This indicates part of the transaction is intended to satisfy related tax liabilities.

Who is executing the planned COMMVAULT (CVLT) share sale under this Rule 144 notice?

Fidelity Brokerage Services LLC is listed as the broker for the 391 CVLT shares. The notice is signed by Daniel Tucci as a duly authorized representative of Fidelity, acting as attorney-in-fact for Danielle Abrahamsen.

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

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Learn about SEC filing dates

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

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