Commvault files Form 144 for 3,777 vested shares

Commvault (CVLT) submitted a Form 144 notice reporting the proposed sale of 3,777 shares of Common Stock tied to a restricted stock vesting event dated 05/15/2026.

Rhea-AI Filing Summary

Commvault (CVLT) submitted a Form 144 notice reporting the proposed sale of 3,777 shares of Common Stock tied to a restricted stock vesting event dated 05/15/2026. The filing also discloses broker details for Fidelity Brokerage Services LLC.

The filing lists recent dispositions by Gary Merrill: 3,098 shares sold on 05/18/2026 for $323,861.20 and 4,560 shares sold on 05/19/2026 for $479,276.22. The Form 144 entry records the sale method as compensation for the vesting shares.

Key Figures

Vested shares listed: 3,777 shares Sale by Gary Merrill: 3,098 shares Proceeds reported (05/18/2026 sale): $323,861.20 +3 more

6 metrics

Vested shares listed 3,777 shares Restricted Stock Vesting on <date>05/15/2026</date>

Sale by Gary Merrill 3,098 shares Sold on <date>05/18/2026</date>

Proceeds reported (05/18/2026 sale) $323,861.20 Consideration for 3,098 shares on <date>05/18/2026</date>

Sale by Gary Merrill 4,560 shares Sold on <date>05/19/2026</date>

Proceeds reported (05/19/2026 sale) $479,276.22 Consideration for 4,560 shares on <date>05/19/2026</date>

Broker contact Fidelity Brokerage Services LLC 900 Salem Street, Smithfield, RI 02917 (listed in filing)

Key Terms

Restricted Stock Vesting, Form 144, Compensation, Securities To Be Sold

4 terms

Restricted Stock Vesting financial

"Common | 05/15/2026 | 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.

Form 144 regulatory

"Filer Information | | | 144: Filer 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.

Compensation financial

"3777 | 05/15/2026 | Compensation"

Securities To Be Sold regulatory

"144: Securities To Be Sold"

FAQ

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

What does Commvault's (CVLT) Form 144 report?

It reports a proposed sale of 3,777 shares tied to restricted stock vesting on 05/15/2026. The notice also lists broker details for Fidelity Brokerage Services LLC and recent insider dispositions by Gary Merrill.

Who sold shares in the past three months for CVLT?

Gary Merrill sold 3,098 shares on 05/18/2026 for $323,861.20 and 4,560 shares on 05/19/2026 for $479,276.22, as shown in the Form 144 excerpt.

What is the reason for the 3,777 shares listed in the filing?

The filing ties the 3,777 shares to a Restricted Stock Vesting event dated 05/15/2026, reported under the filing's "Securities To Be Sold" and labeled as Compensation in the excerpt.

Which broker is listed on the Form 144 for CVLT transactions?

The Form 144 lists Fidelity Brokerage Services LLC with an address at 900 Salem Street, Smithfield, RI 02917 as the brokerage contact for the securities transaction recorded in the excerpt.

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

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Accepted by SEC EDGAR 05/22/2026 - 03:18 PM EDT Learn about SEC filing dates

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	0001560814
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	COMMVAULT SYSTEMS INC
SEC File Number	001-33026
Address of Issuer	1 COMMVAULT WAY TINTON FALLS NEW JERSEY 07724
Phone	732-870-4000
Name of Person for Whose Account the Securities are To Be Sold	Merrill Gary
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	Officer

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	3777	405615.81	41250627	05/22/2026	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			3777	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

144: Remarks and Signature

Remarks	Sale includes an amount necessary to cover a tax obligation resulting from the settlement of a vested equity award distribution.
Date of Notice	05/22/2026
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	/s/ Eric Janiak, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Gary Merrill
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)