Commvault (CVLT): Director Keith Geeslin Granted 1,189 RSUs
Keith Geeslin, identified as a director of Commvault Systems Inc. (CVLT), reported an equity award on a Form 4 with a transaction date of 08/07/2025.
Rhea-AI Filing Summary
Keith Geeslin, identified as a director of Commvault Systems Inc. (CVLT), reported an equity award on a Form 4 with a transaction date of 08/07/2025. Table I of the filing shows Common Stock entries including the figures 1,189 and $0, and a reported beneficial ownership figure of 34,180 following the reported transaction(s). The filing's explanation states these shares are being granted as restricted stock units, 100% of which shall vest on the later of the one-year anniversary of the grant or the date of the 2026 Annual Meeting of Shareholders. The form is signed on behalf of the reporting person by Danielle Abrahamsen, Attorney-in-Fact, dated 08/11/2025. The filing otherwise contains routine disclosure language for a director equity grant.
Positive
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Negative
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Insights
TL;DR: Form 4 documents a director RSU grant on 08/07/2025; vesting is time- and meeting-contingent, appearing routine and non-disruptive.
The filing reports a restricted stock unit award tied to Common Stock with an entry of 1,189 and a price listed as $0, and shows 34,180 shares reported as beneficially owned following the transaction(s). Time-based vesting is explicit: 100% vests on the later of one-year post-grant or the 2026 Annual Meeting. For investors, this is a standard director compensation disclosure and, based solely on the filing, contains no indications of unusual or dilutive terms beyond the grant itself.
TL;DR: The filing documents a customary director RSU award with a clear one-year/meeting vesting condition; governance implications appear routine.
The statement identifies the reporting person as a Director and discloses restricted stock units with a full-vesting condition tied to tenure or the 2026 Annual Meeting. The signature by an Attorney-in-Fact is noted. This aligns with typical board compensation practices and provides transparency on director ownership timing; the filing contains no explicit governance concerns or unusual acceleration provisions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,189 | $0.00 | $0.00 |
Footnotes (1)
- F1. The common stock is being granted as restricted stock units, 100% of which shall vest on the later of the one-year anniversary of the date of grant, or the date of the 2026 Annual Meeting of Shareholders.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transaction did the Form 4 for Commvault (CVLT) report?
How many restricted stock units are shown on the Form 4 for CVLT director Keith Geeslin?
What is the vesting schedule for the RSUs reported on the CVLT Form 4?
What was the reported beneficial ownership after the transaction on the CVLT Form 4?
Who signed the Form 4 for the reporting person in the CVLT filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.