Commvault director sells 1,530 shares at $131.66

A Commvault Systems director reported an open-market sale of common stock and disclosed updated direct holdings.

Rhea-AI Filing Summary

COMMVAULT SYSTEMS INC (CVLT) director Nicola Adamo reported selling 1,530 shares of common stock on September 11, 2026, in an open market or private transaction at $131.66 per share. Following this sale, the director directly holds 17,598 shares of Commvault Systems common stock.

Insider Trade Summary

Net Seller: 1,530 shares

Net Sell 1 txn

Insider Adamo Nicola

Role Director

Sold 1,530 shs ($201K)

Type	Security	Shares	Price	Value
Sale	Common Stock	1,530	$131.66	$201K

Holdings After Transaction: Common Stock — 17,598 shares (Direct)

Key Figures

Shares sold: 1,530 shares Sale price per share: $131.66 per share Shares held after transaction: 17,598 shares

3 metrics

Shares sold 1,530 shares Common stock sale reported for September 11, 2026

Sale price per share $131.66 per share Price for the 1,530 CVLT shares sold

Shares held after transaction 17,598 shares Direct holdings of Nicola Adamo following the sale

Key Terms

open market or private transaction, Rule 10b5-1 trading plan

2 terms

open market or private transaction financial

"Sale in open market or private transaction"

Rule 10b5-1 trading plan regulatory

"The filing’s Rule 10b5-1 checkbox was not affirmed"

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did CVLT director Nicola Adamo report?

Nicola Adamo reported a sale of 1,530 shares of Commvault Systems common stock on September 11, 2026, in an open market or private transaction at $131.66 per share.

How many CVLT shares does Nicola Adamo hold after this Form 4 transaction?

After the reported sale, Nicola Adamo directly holds 17,598 shares of Commvault Systems common stock, as disclosed in the Form 4 filing.

What was the price for the CVLT shares sold by Nicola Adamo?

The 1,530 Commvault Systems (CVLT) shares sold by Nicola Adamo on September 11, 2026, were reported at a price of $131.66 per share.

Was the CVLT insider transaction a purchase or a sale?

The reported transaction by Nicola Adamo was a sale of Commvault Systems common stock, classified as a sale in an open market or private transaction.

Did the Form 4 indicate a Rule 10b5-1 trading plan for the CVLT transaction?

The filing’s Rule 10b5-1 checkbox was not affirmed, indicating the sale was not reported as made under a Rule 10b5-1 trading plan.

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

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Available on EDGAR 09/15/2026 - 04:03 PM Accepted by SEC EDGAR 09/15/2026 - 04:03 PM Learn about SEC filing dates

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^*

Adamo Nicola

(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)
09/11/2026

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	09/11/2026		S		1,530	D	$131.66	17,598	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:

Remarks:

	/s/ Danielle Abrahamsen, Attorney-in-Fact	09/15/2026
	** 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)