Commvault Systems (CVLT) CAO details stock and equity awards

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Commvault Systems Inc. officer Danielle Nicole Abrahamsen, the Chief Accounting Officer, filed an initial statement of beneficial ownership of company securities. She directly holds 620 shares of common stock, plus equity awards in the form of performance stock units and restricted stock units that each convert into one share of common stock when vested.

The filing reports 715 performance stock units granted on May 15, 2024, which vest over three years based on performance and continued service. It also lists restricted stock units of 963 granted August 15, 2023, and additional grants of 1,367 and 2,266 RSUs from May 15, 2024 and May 15, 2025, all vesting in stages over three years.

Insider Trade Summary

5 transactions reported

Mixed 5 txns

Insider Abrahamsen Danielle Nicole

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
holding	Performance Stock Units	--	--	--
holding	Restricted Stock Units	--	--	--
holding	Restricted Stock Units	--	--	--
holding	Restricted Stock Units	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Performance Stock Units — 715 shares (Direct); Restricted Stock Units — 963 shares (Direct); Common Stock — 620 shares (Direct)

Footnotes (1)

Granted on May 15, 2024, represents the portion of the number of shares determined to have been earned based upon the performance criteria and that remain subject to additional time-based vesting criteria. 33% of these performance stock units ("PSUs") will vest on the first anniversary of the grant date and 8.375% will vest at the end of each successive three-month period thereafter through the third anniversary of the grant date. Each PSU represents the right to receive one share of common stock. Granted on August 15, 2023, 33% of the restricted stock units ("RSUs") will vest on the first anniversary of the grant date and 8.375% will vest at the end of each successive three-month period thereafter through the third anniversary of the grant date. Each RSU represents the right to receive one share of common stock. Granted on May 15, 2024, 33% of the RSUs will vest on the first anniversary of the grant date and 8.375% will vest at the end of each successive three-month period thereafter through the third anniversary of the grant date. Granted on May 15, 2025, 33% of the RSUs will vest on the first anniversary of the grant date and 8.375% will vest at the end of each successive three-month period thereafter through the third anniversary of the grant date.

Understanding Insider Trading Forms →

02/12/2026 - 04:21 PM

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
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hours per response:			0.5

1. Name and Address of Reporting Person^*

Abrahamsen Danielle Nicole

(Last)

(First)

(Middle)

1 COMMVAULT WAY

(Street)

TINTON FALLS

07724

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2026

3. Issuer Name and Ticker or Trading Symbol
COMMVAULT SYSTEMS INC [ CVLT ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Accounting Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	620	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Performance Stock Units	⁽¹⁾	⁽¹⁾	Common Stock	715	⁽¹⁾	D
Restricted Stock Units	⁽²⁾	⁽²⁾	Common Stock	963	⁽³⁾	D
Restricted Stock Units	⁽⁴⁾	⁽⁴⁾	Common Stock	1,367	⁽³⁾	D
Restricted Stock Units	⁽⁵⁾	⁽⁵⁾	Common Stock	2,266	⁽³⁾	D

Explanation of Responses:

1. Granted on May 15, 2024, represents the portion of the number of shares determined to have been earned based upon the performance criteria and that remain subject to additional time-based vesting criteria. 33% of these performance stock units ("PSUs") will vest on the first anniversary of the grant date and 8.375% will vest at the end of each successive three-month period thereafter through the third anniversary of the grant date. Each PSU represents the right to receive one share of common stock.

2. Granted on August 15, 2023, 33% of the restricted stock units ("RSUs") will vest on the first anniversary of the grant date and 8.375% will vest at the end of each successive three-month period thereafter through the third anniversary of the grant date.

3. Each RSU represents the right to receive one share of common stock.

4. Granted on May 15, 2024, 33% of the RSUs will vest on the first anniversary of the grant date and 8.375% will vest at the end of each successive three-month period thereafter through the third anniversary of the grant date.

5. Granted on May 15, 2025, 33% of the RSUs will vest on the first anniversary of the grant date and 8.375% will vest at the end of each successive three-month period thereafter through the third anniversary of the grant date.

Remarks:

EXHIBIT LIST: EX-24 Power of Attorney for Danielle Abrahamsen

	/s/ Danielle Abrahamsen	02/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What does the Form 3 filing for CVLT show about Danielle Abrahamsen?

The Form 3 shows Chief Accounting Officer Danielle Nicole Abrahamsen’s initial beneficial ownership in Commvault. She directly holds 620 common shares plus several performance and restricted stock unit awards that can settle in common stock as they vest over multi-year schedules.

How many Commvault (CVLT) common shares does Danielle Abrahamsen directly own?

Danielle Abrahamsen directly owns 620 shares of Commvault common stock. This figure reflects only her current non-derivative holdings, separate from performance stock units and restricted stock units that may convert into additional common shares once their vesting conditions are satisfied.

What performance stock units are reported for Commvault (CVLT) CAO Danielle Abrahamsen?

She holds 715 performance stock units granted May 15, 2024. These PSUs are earned based on performance criteria, then vest over three years, with 33% vesting after one year and 8.375% at the end of each successive three-month period through the third anniversary.

What restricted stock unit grants does the CVLT Form 3 disclose?

The filing lists RSU awards covering 963, 1,367 and 2,266 underlying common shares. Grants dated August 15, 2023, May 15, 2024, and May 15, 2025 each vest 33% after one year, with 8.375% vesting every three months until the third anniversary.

How do Danielle Abrahamsen’s RSUs and PSUs in CVLT convert into stock?

Each performance stock unit and restricted stock unit represents the right to receive one share of Commvault common stock. After meeting the stated performance criteria and time-based vesting schedules, the units settle in common shares delivered to the reporting person.

Is Danielle Abrahamsen a director or 10% owner of Commvault (CVLT)?

She is not reported as a director or 10% owner. The Form 3 identifies Danielle Nicole Abrahamsen as an officer of Commvault Systems Inc., serving specifically as Chief Accounting Officer, with directly held common shares and equity-based awards.