Commvault (CVLT) president granted 64,543 restricted stock units in equity award

Rhea-AI Filing Summary

Haydon William Geoffrey reported acquisition or exercise transactions in this Form 4 filing.

COMMVAULT SYSTEMS INC President of Customer & Field Operations William Geoffrey Haydon received a grant of 64,543 shares of common stock in the form of restricted stock units at no cash cost. The award vests over three years, and he now holds 65,570 shares directly after this grant.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Haydon William Geoffrey

Role President of Cust & Field Ops

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	64,543	$0.00	--

Holdings After Transaction: Common Stock — 65,570 shares (Direct)

Footnotes (1)

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Key Figures

RSU grant size: 64,543 shares Shares held after grant: 65,570 shares Initial vesting portion: 33% +3 more

6 metrics

RSU grant size 64,543 shares Restricted stock units of common stock granted on April 13, 2026

Shares held after grant 65,570 shares Total direct holdings following the reported transaction

Initial vesting portion 33% Vests on the first anniversary of the grant date

Ongoing quarterly vesting 8.375% Vests at the end of each successive three-month period after first anniversary

Vesting term 3 years Total vesting duration for the restricted stock unit grant

Grant price per share $0.0000/share Equity compensation award, no cash paid per share

Key Terms

restricted stock units, vesting schedule, grant date, grant, award, or other acquisition

4 terms

restricted stock units financial

"The common stock is being granted as restricted stock units and is subject to a 3-year vesting schedule"

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.

vesting schedule financial

"and is subject to a 3-year vesting schedule, as follows: 33% will vest on the first anniversary"

A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.

grant date financial

"33% will vest on the first anniversary of the grant date and 8.375% will vest"

The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.

grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Form 4 Insider Transactions: What Each Field Means →

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^*

Haydon William Geoffrey

(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)
	President of Cust & Field Ops

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/13/2026

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)	04/13/2026		A		64,543	A	$0	65,570	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.

Remarks:

	/s/ Danielle Abrahamsen, Attorney-in-Fact	04/15/2026
	** 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)

FAQ

What did CVLT executive William Geoffrey Haydon report in this Form 4 filing?

William Geoffrey Haydon reported receiving 64,543 shares of Commvault common stock as a grant of restricted stock units. This is a compensation-related award, not an open-market stock purchase or sale, and increases his directly held shares to 65,570 after the transaction.

How many Commvault (CVLT) shares were granted to William Geoffrey Haydon?

He was granted 64,543 shares of Commvault common stock in the form of restricted stock units. These units carry a zero-dollar transaction price per share, reflecting an equity compensation grant rather than a cash purchase on the open market by the executive.

What is the vesting schedule for William Geoffrey Haydon’s CVLT restricted stock units?

The restricted stock units vest over three years. According to the disclosure, 33% will vest on the first anniversary of the grant date, and 8.375% of the award will vest at the end of each successive three-month period thereafter until fully vested.

How many Commvault (CVLT) shares does William Geoffrey Haydon own after this grant?

Following the restricted stock unit grant, William Geoffrey Haydon directly holds 65,570 shares of Commvault common stock. This total includes the newly granted 64,543 shares, which are subject to the disclosed multi-year vesting schedule rather than being fully unrestricted immediately.

Was William Geoffrey Haydon’s CVLT Form 4 transaction a market purchase or sale?

The transaction was not a market purchase or sale. It was an equity compensation event classified as a grant or award acquisition, with a transaction code of “A” and a price of $0.0000 per share, reflecting restricted stock units rather than open-market trading activity.