Commvault (CVLT) CAO granted 4,564 RSUs and sells 218 shares

Rhea-AI Filing Summary

Commvault Systems Chief Accounting Officer Danielle Nicole Abrahamsen reported both a stock award and a small share sale. On February 17, 2026, she acquired 4,564 shares of common stock at $0.0000 per share as a grant of restricted stock units that vest over three years, with 33% vesting on the first anniversary and 8.375% vesting after each following three-month period. On February 18, 2026, she sold 218 shares of common stock at $90.28 per share in an open-market transaction that the footnotes state was an automatic sale solely to satisfy tax withholding obligations on vesting of restricted and performance stock, with proceeds remitted to the Internal Revenue Service. After these transactions, she directly owned 10,416 shares of Commvault common stock, which the footnotes note includes shares purchased under the Commvault Employee Stock Purchase Plan on February 13, 2026.

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

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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^*

Abrahamsen Danielle Nicole

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

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)	02/17/2026		A		4,564	A	$0	10,634(2)	D
Common Stock(3)	02/18/2026		S		218	D	$90.28	10,416	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 and is subject to a 3-year vesting schedule, as follows: 33% 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.

2. Includes shares purchased under the Commvault Employee Stock Purchase Plan on February 13, 2026.

3. Represents shares automatically sold solely to satisfy tax withholding obligations of reporting person on vesting of restricted and performance stock. Proceeds from the sale were submitted to the Internal Revenue Service.

Remarks:

	/s/ Danielle Abrahamsen	02/19/2026
	** 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 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.
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FAQ

What insider stock transactions did Commvault (CVLT) CAO Danielle Abrahamsen report?

Danielle Abrahamsen reported a restricted stock unit grant and a small share sale. She received 4,564 common shares as a stock award, then sold 218 shares at $90.28 each, with the sale used to cover tax withholding on vesting-related income.

How large was the restricted stock award reported by Commvault (CVLT) CAO?

The chief accounting officer received a grant of 4,564 shares of common stock. The award was issued as restricted stock units with no cash paid per share and is scheduled to vest over three years under a detailed vesting timetable set out in the disclosure footnotes.

What is the vesting schedule for the Commvault (CVLT) CAO’s new restricted stock units?

The restricted stock units vest gradually over a three-year period. One-third, or 33%, vests on the first anniversary of the grant date, and 8.375% vests at the end of each subsequent three-month period until the full award is delivered as common shares.

Why did the Commvault (CVLT) CAO sell 218 shares of common stock?

The 218-share sale was made solely to satisfy tax withholding obligations on vesting of restricted and performance stock. According to the footnote, the transaction was automatic and the cash proceeds from the sale were submitted to the Internal Revenue Service for required withholding.

At what price did the Commvault (CVLT) CAO’s tax-related share sale occur?

The tax-related sale of 218 common shares took place at a price of $90.28 per share. This transaction is described as an open-market sale, executed automatically to cover withholding taxes tied to the vesting of existing restricted and performance stock awards.

How many Commvault (CVLT) shares does the CAO hold after these transactions?

After the grant and subsequent small sale, Danielle Abrahamsen directly owned 10,416 shares of Commvault common stock. The disclosure notes this figure includes shares acquired through the Commvault Employee Stock Purchase Plan on February 13, 2026, in addition to awarded equity.