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Commvault (NASDAQ: CVLT) exec to sell 486 shares from vested stock

(Neutral)
(Neutral)
Form Type
144

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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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
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.

How many CVLT shares are proposed to be sold under this Form 144 notice?

The notice covers a proposed sale of 486 shares of Commvault Systems Inc common stock. These shares are expected to be sold with an estimated aggregate value of $69,400.80, as reported in the Form 144 securities information section.

What is the estimated value of the CVLT shares to be sold under Rule 144?

The Form 144 lists an estimated aggregate value of $69,400.80 for the 486 shares of Commvault common stock. This figure appears in the securities information table and reflects the approximate dollar amount of the planned sale.

What is the origin of the CVLT shares being sold by Danielle Abrahamsen?

The shares are described as arising from Restricted Stock Vesting dated 08/15/2025. The issuer is identified as the source, and the transaction is categorized as Compensation, indicating the shares came from an equity compensation award.

Which broker is handling the planned CVLT share sale under this Form 144?

The planned sale will be handled by Fidelity Brokerage Services LLC, listed with its Smithfield, Rhode Island address. Fidelity is identified in the securities information section as the broker through which the 486 Commvault shares are to be sold on NASDAQ.

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.

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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