Commvault (CVLT) CAO sells 254 shares under Rule 10b5-1 plan

Rhea-AI Filing Summary

COMMVAULT SYSTEMS INC Chief Accounting Officer Danielle Nicole Abrahamsen sold 254 shares of common stock in an open-market transaction at $150.00 per share. After the sale on July 2, 2026, she directly held 13,156 shares. The sale was executed under an existing Rule 10b5-1 trading plan adopted on February 17, 2026, indicating it was pre-scheduled rather than a discretionary trade.

Insights

Insider trading analyst

Small, pre-planned insider sale with limited signaling value.

Chief Accounting Officer Danielle Nicole Abrahamsen sold 254 shares of COMMVAULT SYSTEMS INC common stock at $150.00 per share in an open-market transaction. Following the sale, she directly held 13,156 shares, so the transaction represents a small portion of her reported holdings.

The footnote states that the sale was effected under an existing Rule 10b5-1 trading plan adopted on February 17, 2026. Such plans pre-schedule trades, which generally makes the timing less informative about the insider’s current view of the stock. Overall, this filing appears to reflect routine portfolio management rather than a thesis-changing move.

Insider Trade Summary 10b5-1

Net Seller: 254 shares

Net Sell 1 txn

Insider Abrahamsen Danielle Nicole

Role Chief Accounting Officer

Sold 254 shs ($38K)

Type	Security	Shares	Price	Value
Sale	Common Stock	254	$150.00	$38K

Holdings After Transaction: Common Stock — 13,156 shares (Direct)

Footnotes (1)

1. F1. 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.

Key Figures

Shares sold: 254 shares Sale price: $150.00 per share Shares held after transaction: 13,156 shares +2 more

5 metrics

Shares sold 254 shares Open-market sale of common stock on July 2, 2026

Sale price $150.00 per share Price for the 254-share open-market sale

Shares held after transaction 13,156 shares Direct ownership following the reported sale

Transaction code S Sale in open market or private transaction

Trading plan adoption date February 17, 2026 Adoption date of Rule 10b5-1 trading plan

Key Terms

Rule 10b5-1 trading plan, open-market sale, Form 4, Common Stock

4 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 adopted by the Reporting Person"

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.

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Form 4 regulatory

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

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Common Stock financial

""security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

What insider transaction did CVLT report for Danielle Nicole Abrahamsen?

COMMVAULT SYSTEMS INC reported that Chief Accounting Officer Danielle Nicole Abrahamsen sold 254 common shares. The open-market sale occurred at $150.00 per share, and she directly held 13,156 shares after the transaction, according to the Form 4 filing details.

At what price were the CVLT shares sold in this Form 4 filing?

The CVLT shares were sold at $150.00 per share. Chief Accounting Officer Danielle Nicole Abrahamsen executed an open-market sale of 254 common shares at that price, as disclosed in the Form 4 insider transaction report for COMMVAULT SYSTEMS INC.

How many CVLT shares does Danielle Nicole Abrahamsen hold after the sale?

After the reported sale, Danielle Nicole Abrahamsen directly holds 13,156 CVLT common shares. This figure comes from the Form 4, which shows the remaining direct ownership immediately following the 254-share open-market sale at $150.00 per share.

Was the CVLT insider sale by Danielle Nicole Abrahamsen under a Rule 10b5-1 plan?

Yes. The Form 4 states the sale was made under an existing Rule 10b5-1 trading plan adopted on February 17, 2026. Such plans pre-arrange trades, generally reducing the significance of the exact transaction timing for investors.

What type of transaction code appears in this CVLT Form 4?

The Form 4 uses transaction code “S,” indicating a sale in an open-market or private transaction. For COMMVAULT SYSTEMS INC, this code corresponds to Danielle Nicole Abrahamsen’s 254-share disposition of common stock at $150.00 per share.

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 07/07/2026 - 04:04 PM Accepted by SEC EDGAR 07/07/2026 - 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).

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^*

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)
07/02/2026

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)	07/02/2026		S		254	D	$150	13,156	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 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.

Remarks:

	/s/ Danielle Abrahamsen	07/07/2026
	** 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)