Commvault (NASDAQ: CVLT) files to resell 8,457 shares after vesting

Rhea-AI Filing Summary

Commvault Systems, Inc. submitted a Form 144 notice reporting proposed sales of 8,457 shares of Common Stock under a Restricted Stock Vesting event dated 05/15/2026. The filing also lists three recent dispositions in the past three months of 6,480, 10,338, and 10,052 shares with dollar amounts shown.

The notice names a brokerage firm, Fidelity Brokerage Services LLC, and provides transaction dates and aggregate dollar figures for the past sales; it is a routine Rule 144 resale notification of shares tied to compensation vesting.

Insights

Corporate Governance Analyst

Routine Rule 144 resale notice tied to vested compensation.

The Form 144 lists 8,457 shares to be sold following a Restricted Stock Vesting event on 05/15/2026. It names Fidelity Brokerage Services LLC as the broker and frames the filing as a compliance disclosure under resale rules.

Cash‑flow treatment and exact sale timing are not provided in the excerpt; subsequent Form 4 or broker confirmations would show execution details and who receives proceeds.

Equity Compensation Specialist

Vesting-driven sale notice with recent sale history included.

The filing records three past dispositions in the prior three months: 6,480, 10,338, and 10,052 shares, each accompanied by dollar figures. These entries document prior transfers or sales and are typical context for Rule 144 submissions.

Because this is a notice of proposed resale under Rule 144, the listed amounts quantify recent activity but do not itself confirm completed future sales.

Key Figures

Proposed resale: 8,457 shares Past disposition 1: 6,480 shares Past disposition 2: 10,338 shares +2 more

5 metrics

Proposed resale 8,457 shares Restricted Stock Vesting on 05/15/2026

Past disposition 1 6,480 shares Dated 02/18/2026; dollar amount 585,026.07

Past disposition 2 10,338 shares Dated 03/16/2026; dollar amount 816,288.48

Past disposition 3 10,052 shares Dated 03/17/2026; dollar amount 805,064.68

Broker Fidelity Brokerage Services LLC Broker address listed: 900 Salem Street, Smithfield RI 02917

Key Terms

Rule 144, Restricted Stock Vesting, Securities To Be Sold

3 terms

Rule 144 regulatory

"Form 144 notice reporting proposed resale of restricted shares"

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

"Securities To Be Sold line showing Restricted Stock Vesting on 05/15/2026"

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.

Securities To Be Sold regulatory

"Section listing Common shares and vesting date 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

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	8457	884084.63	41250627	05/18/2026	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			8457	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
Sanjay Mirchandani 1 Commvault Way Tinton Falls NJ 07724	Common	02/18/2026	6480	585026.07
Sanjay Mirchandani 1 Commvault Way Tinton Falls NJ 07724	Common	03/16/2026	10338	816288.48
Sanjay Mirchandani 1 Commvault Way Tinton Falls NJ 07724	Common	03/17/2026	10052	805064.68

144: Remarks and Signature

Remarks

Date of Notice

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

It notifies the SEC of an intended resale of 8,457 shares tied to a 05/15/2026 restricted stock vesting event. The form is a regulatory notice under resale rules and does not itself confirm execution timing or proceeds recipients.

Who is the broker listed on the CVLT Form 144?

The broker named is Fidelity Brokerage Services LLC at 900 Salem Street, Smithfield RI. The filing lists this firm as the intermediary for the proposed resale; execution details are not shown in the excerpt.

How many shares were reported sold in the past three months for CVLT?

The filing lists three past dispositions of 6,480, 10,338, and 10,052 shares on 02/18/2026, 03/16/2026, and 03/17/2026, respectively, with dollar amounts reported alongside each entry.

Is the 8,457-share entry an immediate sale?

No; the entry reports shares available for resale following a restricted stock vesting on 05/15/2026. It is a compliance notice under Rule 144 and does not specify when or whether the shares will be sold.

Do the dollar figures in the Form 144 prove proceeds received?

The excerpt shows dollar amounts next to prior dispositions (e.g., 585,026.07), which document prior transaction values. They do not, by themselves, establish the recipient of proceeds for the proposed resale.