STOCK TITAN

[Form 4] Commault Systems, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Allison Pickens, a director of Commvault Systems (CVLT), was granted 1,189 restricted stock units (RSUs) on 08/07/2025. The award is recorded as an acquisition at no cash price and increases her beneficial ownership to 5,856 common shares. The RSUs are subject to a single vesting event: they vest 100% on the later of the one-year anniversary of the grant or the date of the 2026 Annual Meeting of Shareholders.

The grant aligns a board member’s compensation with shareholder value by delivering equity rather than cash and formally appears on a Form 4 insider report as an acquisition of non-derivative securities. The filing was submitted by an attorney-in-fact on behalf of the reporting person and includes the required explanatory note on vesting.

Allison Pickens, membro del consiglio di Commvault Systems (CVLT), le sono state assegnate 1,189 unità azionarie vincolate (RSU) il 08/07/2025. L'assegnazione è registrata come un'acquisizione a titolo gratuito e porta la sua partecipazione effettiva a 5,856 azioni ordinarie. Le RSU sono soggette a un unico evento di maturazione: maturano al 100% nella data che sia successiva al primo anniversario della concessione o alla data dell'Assemblea annuale degli azionisti del 2026.

L'assegnazione allinea la remunerazione di un membro del consiglio al valore per gli azionisti fornendo equity anziché denaro e compare formalmente nel modulo Form 4 per insider come un'acquisizione di strumenti non derivati. La pratica è stata presentata da un procuratore per conto della persona che effettua la segnalazione e include la nota esplicativa obbligatoria sul vesting.

Allison Pickens, integrante del consejo de Commvault Systems (CVLT), recibió 1,189 unidades de acciones restringidas (RSU) el 08/07/2025. La concesión queda registrada como una adquisición sin desembolso en efectivo y aumenta su participación beneficiaria a 5,856 acciones ordinarias. Las RSU están sujetas a un único evento de consolidación: se consolidan al 100% en la fecha que sea posterior al primer aniversario de la concesión o a la fecha de la Junta Anual de Accionistas de 2026.

La concesión alinea la remuneración de un miembro del consejo con el valor para el accionista al entregar capital en lugar de efectivo y figura formalmente en un informe de insider Formulario 4 (Form 4) como la adquisición de valores no derivados. La presentación fue realizada por un apoderado en nombre de la persona informante e incluye la nota explicativa requerida sobre el vesting.

Commvault Systems (CVLT) 이사인 Allison Pickens에게 08/07/2025에 1,189개의 제한부 주식 단위(RSUs)가 부여되었습니다. 이 보상은 현금 지급 없이 취득한 것으로 기록되었으며 그녀의 실소유 지분을 5,856 보통주로 증가시킵니다. RSU는 단일 권리확정(vesting) 이벤트의 대상이며, 부여일로부터 1년 기념일 또는 2026년 주주총회 날짜 중 늦는 날에 100% 권리확정됩니다.

이 부여는 현금 대신 주식을 제공함으로써 이사회 구성원의 보상을 주주 가치와 연동시키며, 비파생증권의 취득으로서 Form 4 내부자 보고서에 공식적으로 기재됩니다. 해당 서류는 보고인을 대신한 위임대리인이 제출했으며 권리확정에 대한 필수 설명을 포함하고 있습니다.

Allison Pickens, administratrice de Commvault Systems (CVLT), s'est vu attribuer 1 189 unités d'actions restreintes (RSU) le 08/07/2025. Cette attribution est enregistrée comme une acquisition sans contrepartie en numéraire et porte sa propriété bénéficiaire à 5,856 actions ordinaires. Les RSU sont soumises à un seul événement d'acquisition des droits : elles acquièrent 100 % des droits à la date la plus tardive entre le premier anniversaire de l'attribution et la date de l'Assemblée générale annuelle 2026.

L'attribution aligne la rémunération d'un membre du conseil sur la valeur pour les actionnaires en attribuant des actions plutôt que de l'argent liquide et figure formellement dans une déclaration d'initié Formulaire 4 (Form 4) comme une acquisition de titres non dérivés. Le dépôt a été effectué par un mandataire au nom de la personne déclarante et comprend la note explicative requise sur l'acquisition des droits.

Allison Pickens, eine Direktorin von Commvault Systems (CVLT), wurde am 08/07/2025 mit 1.189 Restricted Stock Units (RSUs) bedacht. Die Zuwendung ist als Erwerb ohne Barzahlung verbucht und erhöht ihr wirtschaftliches Eigentum auf 5,856 Stammaktien. Die RSUs unterliegen einem einzigen Vesting-Ereignis: sie vesten zu 100 % am späteren der beiden Termine – dem einjährigen Jahrestag der Gewährung oder dem Datum der Hauptversammlung 2026.

Die Zuwendung bringt die Vergütung eines Vorstandsmitglieds in Einklang mit dem Aktionärswert, indem sie Eigenkapital statt Bargeld gewährt, und erscheint formal in einem Insider-Bericht auf Formular 4 (Form 4) als Erwerb nichtderivativer Wertpapiere. Die Meldung wurde von einem Bevollmächtigten im Namen der meldepflichtigen Person eingereicht und enthält die vorgeschriebene erläuternde Anmerkung zum Vesting.

Positive
  • 1,189 RSUs granted to Director Allison Pickens, increasing her stake to 5,856 shares
  • Vesting conditions are clear: 100% vesting on the later of one year or the 2026 Annual Meeting, aligning incentives
  • Grant recorded at $0, confirming the award is equity-based (restricted stock units) rather than a paid purchase
Negative
  • None.

Insights

Board equity award aligns director incentives; terms are time-based with a single vesting event.

The reported grant of 1,189 RSUs to Director Allison Pickens is a standard equity-based retainer or incentive typical for non-employee directors. The award vests 100% on the later of one year from grant or the 2026 annual meeting, which is a straightforward time-based schedule that encourages medium-term alignment with shareholders. Because the award is equity settled at $0 exercise price, it increases the director's stake to 5,856 shares and ties compensation directly to stock performance without immediate cash outlay by the company.

Form 4 correctly reports a non-derivative acquisition of 1,189 shares via RSUs; disclosure is routine and informational.

The filing documents a non-derivative acquisition coded as an acquisition (A) with a reported price of $0, consistent with restricted stock units rather than a market purchase. The disclosure includes the post-transaction beneficial ownership total of 5,856 shares and a vesting explanation. From an insider-reporting perspective, the form provides the requisite details for market transparency: reporter identity, relationship (Director), transaction date, number of shares acquired, and vesting conditions.

Allison Pickens, membro del consiglio di Commvault Systems (CVLT), le sono state assegnate 1,189 unità azionarie vincolate (RSU) il 08/07/2025. L'assegnazione è registrata come un'acquisizione a titolo gratuito e porta la sua partecipazione effettiva a 5,856 azioni ordinarie. Le RSU sono soggette a un unico evento di maturazione: maturano al 100% nella data che sia successiva al primo anniversario della concessione o alla data dell'Assemblea annuale degli azionisti del 2026.

L'assegnazione allinea la remunerazione di un membro del consiglio al valore per gli azionisti fornendo equity anziché denaro e compare formalmente nel modulo Form 4 per insider come un'acquisizione di strumenti non derivati. La pratica è stata presentata da un procuratore per conto della persona che effettua la segnalazione e include la nota esplicativa obbligatoria sul vesting.

Allison Pickens, integrante del consejo de Commvault Systems (CVLT), recibió 1,189 unidades de acciones restringidas (RSU) el 08/07/2025. La concesión queda registrada como una adquisición sin desembolso en efectivo y aumenta su participación beneficiaria a 5,856 acciones ordinarias. Las RSU están sujetas a un único evento de consolidación: se consolidan al 100% en la fecha que sea posterior al primer aniversario de la concesión o a la fecha de la Junta Anual de Accionistas de 2026.

La concesión alinea la remuneración de un miembro del consejo con el valor para el accionista al entregar capital en lugar de efectivo y figura formalmente en un informe de insider Formulario 4 (Form 4) como la adquisición de valores no derivados. La presentación fue realizada por un apoderado en nombre de la persona informante e incluye la nota explicativa requerida sobre el vesting.

Commvault Systems (CVLT) 이사인 Allison Pickens에게 08/07/2025에 1,189개의 제한부 주식 단위(RSUs)가 부여되었습니다. 이 보상은 현금 지급 없이 취득한 것으로 기록되었으며 그녀의 실소유 지분을 5,856 보통주로 증가시킵니다. RSU는 단일 권리확정(vesting) 이벤트의 대상이며, 부여일로부터 1년 기념일 또는 2026년 주주총회 날짜 중 늦는 날에 100% 권리확정됩니다.

이 부여는 현금 대신 주식을 제공함으로써 이사회 구성원의 보상을 주주 가치와 연동시키며, 비파생증권의 취득으로서 Form 4 내부자 보고서에 공식적으로 기재됩니다. 해당 서류는 보고인을 대신한 위임대리인이 제출했으며 권리확정에 대한 필수 설명을 포함하고 있습니다.

Allison Pickens, administratrice de Commvault Systems (CVLT), s'est vu attribuer 1 189 unités d'actions restreintes (RSU) le 08/07/2025. Cette attribution est enregistrée comme une acquisition sans contrepartie en numéraire et porte sa propriété bénéficiaire à 5,856 actions ordinaires. Les RSU sont soumises à un seul événement d'acquisition des droits : elles acquièrent 100 % des droits à la date la plus tardive entre le premier anniversaire de l'attribution et la date de l'Assemblée générale annuelle 2026.

L'attribution aligne la rémunération d'un membre du conseil sur la valeur pour les actionnaires en attribuant des actions plutôt que de l'argent liquide et figure formellement dans une déclaration d'initié Formulaire 4 (Form 4) comme une acquisition de titres non dérivés. Le dépôt a été effectué par un mandataire au nom de la personne déclarante et comprend la note explicative requise sur l'acquisition des droits.

Allison Pickens, eine Direktorin von Commvault Systems (CVLT), wurde am 08/07/2025 mit 1.189 Restricted Stock Units (RSUs) bedacht. Die Zuwendung ist als Erwerb ohne Barzahlung verbucht und erhöht ihr wirtschaftliches Eigentum auf 5,856 Stammaktien. Die RSUs unterliegen einem einzigen Vesting-Ereignis: sie vesten zu 100 % am späteren der beiden Termine – dem einjährigen Jahrestag der Gewährung oder dem Datum der Hauptversammlung 2026.

Die Zuwendung bringt die Vergütung eines Vorstandsmitglieds in Einklang mit dem Aktionärswert, indem sie Eigenkapital statt Bargeld gewährt, und erscheint formal in einem Insider-Bericht auf Formular 4 (Form 4) als Erwerb nichtderivativer Wertpapiere. Die Meldung wurde von einem Bevollmächtigten im Namen der meldepflichtigen Person eingereicht und enthält die vorgeschriebene erläuternde Anmerkung zum Vesting.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Pickens Allison

(Last) (First) (Middle)
1 COMMVAULT WAY

(Street)
TINTON FALLS NJ 07724

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
COMMVAULT SYSTEMS INC [ CVLT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/07/2025
4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock(1) 08/07/2025 A 1,189 A $0 5,856 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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.
Remarks:
/s/ Danielle Abrahamsen, Attorney-in-Fact 08/11/2025
** 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 4 (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.

FAQ

What transaction was reported for Commvault (CVLT)?

The Form 4 reports an acquisition of 1,189 restricted stock units (RSUs) by director Allison Pickens on 08/07/2025.

Who filed the insider report for CVLT?

The reporting person is listed as Allison Pickens, identified as a Director; the form was signed by an attorney-in-fact on her behalf.

How many shares does Allison Pickens own after the reported transaction?

The filing shows a post-transaction beneficial ownership of 5,856 common shares.

What are the vesting terms for the RSUs reported on CVLT Form 4?

The RSUs vest 100% on the later of the one-year anniversary of the grant or the 2026 Annual Meeting of Shareholders.

Was there a cash price for the shares reported?

The transaction is recorded with a price of $0, consistent with restricted stock unit grants rather than a market purchase.
Commvault Sys Inc

NASDAQ:CVLT

CVLT Rankings

CVLT Latest News

CVLT Latest SEC Filings

CVLT Stock Data

8.25B
44.02M
0.99%
102.32%
4%
Software - Application
Services-prepackaged Software
Link
United States
TINTON FALLS