Commvault (NASDAQ: CVLT) exec to sell 486 shares from vested stock
Rhea-AI Filing Summary
COMMVAULT SYSTEMS INC (CVLT) reports that officer Danielle Nicole Abrahamsen has filed a Rule 144 notice to sell 486 shares of Commvault common stock through Fidelity Brokerage Services LLC on or after 08/19/2026, with an estimated aggregate value of $69,400.80. The shares derive from restricted stock vesting dated 08/15/2025, with the transaction categorized as compensation-related. The notice also lists several prior open-market sales of Commvault common stock by Abrahamsen in the preceding three months, each with specified dates, share amounts, and dollar values.
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Key Figures
Planned shares to be sold: 486 shares
Estimated aggregate value of planned sale: $69,400.80
Vesting date of restricted stock: 08/15/2025
+4 more
7 metrics
Planned shares to be sold
486 shares
Common stock covered by the Rule 144 notice
Estimated aggregate value of planned sale
$69,400.80
Reported for the 486 shares of common stock
Vesting date of restricted stock
08/15/2025
Source of the shares categorized as Restricted Stock Vesting
First recent sale amount
1,065 shares
Common stock sold on 05/19/2026
First recent sale value
$112,724.62
Proceeds reported for the 1,065 shares sold on 05/19/2026
Additional recent sale shares
365 shares
Common stock sold on 05/20/2026
Additional recent sale value
$36,182.45
Proceeds reported for the 365 shares sold on 05/20/2026
Key Terms
Rule 144, Restricted Stock Vesting, attorney-in-fact
3 terms
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 | 08/15/2025 | 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"
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.
FAQ
What does the Form 144 filing for CVLT disclose about Danielle Abrahamsen?
The filing states that officer Danielle Nicole Abrahamsen plans to sell 486 shares of Commvault common stock under Rule 144 through Fidelity Brokerage Services LLC, based on restricted stock that vested on 08/15/2025.
What recent CVLT stock sales by Danielle Abrahamsen are disclosed in the filing?
The filing lists several sales of Commvault common stock in the past three months, including 1,065 shares on 05/19/2026 for $112,724.62 and 365 shares on 05/20/2026 for $36,182.45, along with additional smaller transactions on later dates.
AI-generated analysis. How Rhea-AI works. Not financial advice.