Were Danielle Abrahamsen’s Commvault (CVLT) share sales made under a Rule 10b5-1 plan?

Yes. A footnote explains that the sale reported in the Form 4 was effected under an existing Rule 10b5-1 trading plan adopted on February 17, 2026 , indicating the transactions were pre-arranged.

Commvault (CVLT) accounting chief sells 1,430 shares in Rule 10b5-1 trades

Q: How many Commvault (CVLT) shares did Danielle Abrahamsen sell in this Form 4?

Danielle Abrahamsen sold a total of 1,430 shares of Commvault common stock. The filing shows three open-market sales, and the transaction summary aggregates these to 1,430 shares sold across the reported dates.

Q: At what prices did Commvault (CVLT) shares sell in Danielle Abrahamsen’s recent transactions?

The reported Commvault share sales were executed between $99.13 and $106.19 per share. Individual transactions were priced at $99.13, $104.01, and $106.19, reflecting the market prices at the time of each sale.

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

COMMVAULT SYSTEMS INC Chief Accounting Officer Danielle Nicole Abrahamsen reported selling a total of 1,430 shares of common stock in open-market transactions. The sales occurred on May 19 and May 20, 2026 at prices between $99.13 and $106.19 per share.

After these transactions, she directly held 13,216 shares of Commvault stock. A footnote states that the sale reported was made under an existing Rule 10b5-1 trading plan adopted on February 17, 2026, indicating the trades were pre-scheduled rather than discretionary market timing.

Insider Trade Summary 10b5-1

Net Seller: 1,430 shares ($148,906)

Net Sell 3 txns

Insider Abrahamsen Danielle Nicole

Role Chief Accounting Officer

Sold 1,430 shs ($149K)

Type	Security	Shares	Price	Value
Sale	Common Stock	365	$99.13	$36K
Sale	Common Stock	896	$106.19	$95K
Sale	Common Stock	169	$104.01	$18K

Holdings After Transaction: Common Stock — 13,216 shares (Direct, null)

Footnotes (1)

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 17, 2026. Represents shares automatically sold solely to satisfy tax withholding obligations of reporting person on vesting of performance stock. Proceeds from the sale were submitted to the Internal Revenue Service.

Key Figures

Total shares sold: 1,430 shares Lowest sale price: $99.13 per share Highest sale price: $106.19 per share +1 more

4 metrics

Total shares sold 1,430 shares Aggregate open-market sales reported in Form 4

Lowest sale price $99.13 per share Common stock sale on May 20, 2026

Highest sale price $106.19 per share Common stock sale on May 19, 2026

Shares held after transactions 13,216 shares Direct ownership following final reported sale

Key Terms

Rule 10b5-1 trading plan, performance stock, tax withholding obligations

3 terms

Rule 10b5-1 trading plan regulatory

"The sale reported in this Form 4 was effected pursuant to an existing Rule 10b5-1 trading plan..."

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.

performance stock financial

"Represents shares automatically sold solely to satisfy tax withholding obligations of reporting person on vesting of performance stock."

tax withholding obligations financial

"Represents shares automatically sold solely to satisfy tax withholding obligations of reporting person on vesting of performance stock."

Form 4 Insider Transactions: What Each Field Means →

05/21/2026 - 05:35 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)
05/19/2026

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⁾	05/19/2026		S		896	D	$106.19	13,750	D
Common Stock⁽²⁾	05/19/2026		S		169	D	$104.01	13,581	D
Common Stock⁽¹⁾	05/20/2026		S		365	D	$99.13	13,216	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. 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 17, 2026.

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

Remarks:

	/s/ Danielle Abrahamsen	05/21/2026
	** 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

How many Commvault (CVLT) shares did Danielle Abrahamsen sell in this Form 4?

Danielle Abrahamsen sold a total of 1,430 shares of Commvault common stock. The filing shows three open-market sales, and the transaction summary aggregates these to 1,430 shares sold across the reported dates.

At what prices did Commvault (CVLT) shares sell in Danielle Abrahamsen’s recent transactions?

The reported Commvault share sales were executed between $99.13 and $106.19 per share. Individual transactions were priced at $99.13, $104.01, and $106.19, reflecting the market prices at the time of each sale.

How many Commvault (CVLT) shares does Danielle Abrahamsen hold after these sales?

After the reported transactions, Danielle Abrahamsen directly holds 13,216 shares of Commvault common stock. This post-transaction holding is disclosed in the Form 4 as the total shares following the final reported sale.

What role does Danielle Abrahamsen hold at Commvault (CVLT) according to the Form 4?

The Form 4 identifies Danielle Nicole Abrahamsen as Commvault’s Chief Accounting Officer. She is reported as an officer of the company, not a director or ten-percent beneficial owner, in this insider trading disclosure.