Commvault (NASDAQ: CVLT) CAO receives 244-share performance stock grant

Q: Was the Commvault (CVLT) insider grant to Danielle Abrahamsen an open-market stock purchase?

No, the transaction was a grant/award acquisition of 244 shares at a price of $0.00 per share. It represents equity compensation earned from performance stock units, rather than Danielle Abrahamsen buying shares on the open market.

Q: What are the terms of Danielle Abrahamsen’s performance stock units at Commvault (CVLT)?

The footnote explains that the 244 shares relate to performance stock units (PSUs) earned based on performance criteria. These PSUs remain subject to time-based vesting and are scheduled to fully vest on August 15, 2026 , with each PSU delivering one share.

Q: When were the performance stock units for Danielle Abrahamsen granted at Commvault (CVLT)?

The PSUs tied to the 244-share award were granted on May 15, 2026 . The Form 4 footnote states that this grant represents units earned under performance criteria, which will vest later, on August 15, 2026, subject to time-based conditions.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Abrahamsen Danielle Nicole reported acquisition or exercise transactions in this Form 4 filing.

COMMVAULT SYSTEMS INC Chief Accounting Officer Danielle Nicole Abrahamsen received an award of 244 shares of common stock on a Form 4-coded grant transaction. The shares were granted at no cost as part of her equity compensation.

According to the footnote, the award reflects performance stock units earned based on performance criteria and still subject to additional time-based vesting. These PSUs are scheduled to vest on August 15, 2026, with each unit delivering one share of common stock. After this grant, she directly holds 13,410 shares of Commvault stock, indicating a relatively modest, routine compensation-related increase rather than an open-market purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Abrahamsen Danielle Nicole

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	244	$0.00	--

Holdings After Transaction: Common Stock — 13,410 shares (Direct, null)

Footnotes (1)

[object Object]

Key Figures

Shares granted: 244 shares Grant price: $0.00 per share Shares owned after: 13,410 shares +2 more

5 metrics

Shares granted 244 shares Common stock award under Form 4 code A

Grant price $0.00 per share Equity compensation, no cash paid

Shares owned after 13,410 shares Direct holdings following the grant

PSU grant date May 15, 2026 Date PSUs tied to award were granted

PSU vesting date August 15, 2026 Scheduled vesting for related PSUs

Key Terms

performance stock units ("PSUs"), performance criteria, time-based vesting criteria

3 terms

performance stock units ("PSUs") financial

"These performance stock units ("PSUs") will vest on August 15, 2026."

performance criteria financial

"represents the number of shares determined to have been earned based upon the performance criteria"

time-based vesting criteria financial

"earned based upon the performance criteria and that remain subject to additional time-based vesting criteria"

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/29/2026 - 04:34 PM Accepted by SEC EDGAR 06/29/2026 - 04:34 PM

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^*

Abrahamsen Danielle Nicole

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/25/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock⁽¹⁾	06/25/2026		A		244	A	$0	13,410	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Granted on May 15, 2026, represents the number of shares determined to have been earned based upon the performance criteria and that remain subject to additional time-based vesting criteria. These performance stock units ("PSUs") will vest on August 15, 2026. Each PSU represents the right to receive one share of common stock.

Remarks:

	/s/ Danielle Abrahamsen	06/29/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Commvault (CVLT) report for Danielle Abrahamsen?

Commvault reported that Chief Accounting Officer Danielle Nicole Abrahamsen received an award of 244 shares of common stock. The Form 4 classifies this as a grant or award, not an open-market purchase, and it increases her direct equity stake in the company.

Was the Commvault (CVLT) insider grant to Danielle Abrahamsen an open-market stock purchase?

No, the transaction was a grant/award acquisition of 244 shares at a price of $0.00 per share. It represents equity compensation earned from performance stock units, rather than Danielle Abrahamsen buying shares on the open market.

How many Commvault (CVLT) shares does Danielle Abrahamsen hold after this Form 4?

Following the 244-share award, Danielle Nicole Abrahamsen directly holds 13,410 shares of Commvault common stock. This figure comes from the Form 4 totals and shows her updated direct ownership position after the compensation-related grant.

What are the terms of Danielle Abrahamsen’s performance stock units at Commvault (CVLT)?

The footnote explains that the 244 shares relate to performance stock units (PSUs) earned based on performance criteria. These PSUs remain subject to time-based vesting and are scheduled to fully vest on August 15, 2026, with each PSU delivering one share.

When were the performance stock units for Danielle Abrahamsen granted at Commvault (CVLT)?

The PSUs tied to the 244-share award were granted on May 15, 2026. The Form 4 footnote states that this grant represents units earned under performance criteria, which will vest later, on August 15, 2026, subject to time-based conditions.

What does the Form 4 transaction code A mean in the Commvault (CVLT) filing?

In this Commvault Form 4, transaction code A signifies a grant, award, or other acquisition of shares. Here it reflects 244 shares of common stock received by Danielle Abrahamsen as equity compensation, not a purchase or sale in the open market.