Commvault Systems (CVLT) director sells 595 shares and receives 1,761 RSUs

Rhea-AI Filing Summary

COMMVAULT SYSTEMS INC director Vivie Lee reported mixed equity activity in company common stock. On 6 August 2026, Lee received a grant of 1,761 restricted stock units at $0.00 per share; all units vest 100% on the later of the one-year anniversary of grant or the date of the 2027 Annual Meeting of Stockholders. On 10 August 2026, Lee sold 595 shares of common stock at $134.19 per share in a sale effected under an existing Rule 10b5-1 trading plan adopted on 3 February 2026.

Insider Trade Summary 10b5-1

Net Buyer: 1,166 shares

Net Buy 2 txns

Insider Lee Vivie

Role Director

Sold 595 shs ($80K)

Type	Security	Shares	Price	Value
Sale	Common Stock F2	595	$134.19	$80K
Grant/Award	Common Stock F1	1,761	$0.00	$0.00

Holdings After Transaction: Common Stock — 15,140 shares (Direct)

Footnotes (2)

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 2027 Annual Meeting of Stockholders.
2. F2. The sale reported in this Form 4 was effected pursuant to an existing Rule 10b5-1 trading plan adopted by the Reporting Person on February 3, 2026.

Key Figures

Shares sold: 595 shares Sale price: $134.19 per share RSUs granted: 1,761 units +1 more

4 metrics

Shares sold 595 shares Common stock sale on 10 August 2026

Sale price $134.19 per share Price for 595-share common stock sale

RSUs granted 1,761 units Restricted stock units granted on 6 August 2026

Rule 10b5-1 plan adoption date 3 February 2026 Plan governing the 595-share sale

Key Terms

restricted stock units, Rule 10b5-1 trading plan, Annual Meeting of Stockholders

3 terms

restricted stock units financial

"The common stock is being granted as restricted stock units, 100% of which"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Rule 10b5-1 trading plan regulatory

"was effected pursuant to an existing Rule 10b5-1 trading plan adopted"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

Annual Meeting of Stockholders financial

"the date of the 2027 Annual Meeting of Stockholders"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/10/2026 - 05:42 PM Accepted by SEC EDGAR 08/10/2026 - 05:42 PM Learn about SEC filing dates

FAQ

What insider transactions did CVLT director Vivie Lee report on this Form 4?

Vivie Lee reported a sale of 595 shares of Commvault common stock at $134.19 per share and a grant of 1,761 restricted stock units, both held as direct ownership positions.

How many Commvault (CVLT) shares did Vivie Lee sell and at what price?

Vivie Lee sold 595 shares of Commvault common stock at a price of $134.19 per share on 10 August 2026, in an open market or private transaction as described in the Form 4.

What equity award did Vivie Lee receive from Commvault (CVLT)?

Lee received a grant of 1,761 restricted stock units of Commvault common stock at $0.00 per share on 6 August 2026, classified as a grant, award, or other acquisition of non-derivative common stock.

When do Vivie Lee’s Commvault (CVLT) restricted stock units vest?

The 1,761 restricted stock units vest 100% on the later of the one-year anniversary of the 6 August 2026 grant date or the date of Commvault’s 2027 Annual Meeting of Stockholders, whichever occurs later.

Was Vivie Lee’s sale of Commvault (CVLT) shares under a Rule 10b5-1 plan?

Yes. The Form 4 states the 595-share sale on 10 August 2026 was effected under an existing Rule 10b5-1 trading plan adopted by Vivie Lee on 3 February 2026.

Are Vivie Lee’s Commvault (CVLT) transactions direct or indirect holdings?

Both reported transactions—1,761 restricted stock units acquired and 595 shares sold—are classified as direct ownership, with no intermediary entities indicated in the filing data.

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).

X

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^*

Lee Vivie

(Last) (First) (Middle)

1 COMMVAULT WAY

(Street)

TINTON FALLS NEW JERSEY 07724

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/06/2026

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

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

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

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)	08/06/2026		A		1,761	A	$0	15,735	D
Common Stock(2)	08/10/2026		S		595	D	$134.19	15,140	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 2027 Annual Meeting of Stockholders.

2. The sale reported in this Form 4 was effected pursuant to an existing Rule 10b5-1 trading plan adopted by the Reporting Person on February 3, 2026.

Remarks:

	/s/ Danielle Abrahamsen, Attorney-in-Fact	08/10/2026
	** 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.
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.
* Form 4: SEC 1474 (03-26)