Commvault Systems Inc. (CVLT) President & CEO and director reported multiple sales of company common stock on November 18–19, 2025. Reported transactions include sales of 6,820 shares at $123.58, 5,794 shares at $123.37, and additional blocks at prices ranging from about $119.75 to $125.81, all coded as open-market or similar dispositions.
After these transactions, the executive beneficially owned 359,260 shares of Commvault common stock in direct form. One sale represents shares automatically sold solely to satisfy tax withholding obligations upon vesting of restricted and performance stock, with proceeds remitted to the Internal Revenue Service. Other reported sales were effected under an existing Rule 10b5-1 trading plan adopted on November 18, 2024.
Commvault Systems (CVLT) reported an insider equity award. A director filed a Form 4 disclosing the acquisition of 1,027 shares of common stock on 10/27/2025, coded “A” for an award, at $0 per share. Following the transaction, the director beneficially owns 1,027 shares, held directly.
The filing explains the grant was in the form of restricted stock units that will vest 100% on the date of the 2026 Annual Meeting of Shareholders.
Commvault Systems (CVLT) filed an initial Form 3 for director William Geoffrey Haydon. The filing reports no securities beneficially owned, listing 0 non-derivative shares and no derivative holdings. The event date is 10/17/2025. The form was filed by one reporting person and signed by an attorney-in-fact.
Commvault Systems, Inc. filed a Form S-8 to register 1,300,000 shares of common stock issuable under its 2016 Omnibus Incentive Plan, as amended.
The additional shares were approved by stockholders at the 2025 Annual Meeting on August 7, 2025. This filing relates solely to additional securities of the same class previously registered for the plan and incorporates by reference the company’s latest Annual Report and Quarterly Reports.
Commvault Systems (CVLT) reported fiscal Q2 results with total revenues of $276.2 million, up from $233.3 million a year ago, driven by strong subscription growth. SaaS revenue rose to $80.0 million from $49.6 million, while term-based license revenue reached $92.6 million. Gross margin was $221.1 million. Operating expenses increased to $208.7 million, yielding income from operations of $12.5 million. Net income was $14.7 million, or $0.33 diluted EPS, compared with $15.6 million and $0.35 diluted EPS last year.
Recurring metrics strengthened: ARR reached $1,043.3 million (up 22%), Subscription ARR $893.7 million (up 30%), and SaaS ARR $335.7 million (up 56%), with SaaS NRR at 125%. Cash from operations was $108.5 million. The company ended the quarter with $1,063.6 million in cash and cash equivalents after issuing $900.0 million of 0% convertible senior notes due 2030 and purchasing capped calls. Current deferred revenue was $422.9 million; remaining performance obligations were $853.5 million, ~61% expected within 12 months. Commvault acquired Satori Cyber for $28.3 million and repurchased $146.1 million of common stock.
Commvault Systems, Inc. furnished a Form 8-K to announce results for its second fiscal quarter ended September 30, 2025. The company issued a press release, furnished as Exhibit 99.1, that contains the quarter’s results.
The Item 2.02 information is being furnished and is not deemed “filed” under the Exchange Act.
COMMVAULT SYSTEMS INC (CVLT) reporting person Gary Merrill, Chief Commercial Officer, reported multiple dispositions of common stock on 09/12/2025. The Form 4 shows five sales under an existing Rule 10b5-1 trading plan adopted on 11/20/2024 and amended on 06/13/2025. The transactions sold 2,814, 6,295, 1,929, 3,506, and 700 shares at weighted-average prices of $176.16, $177.62, $178.65, $179.43, and $180.17, respectively. The filing notes the reporting person is subject to a lock-up that expires 11/01/2025 and states these sales were permissible under that agreement. The Form is signed by an attorney-in-fact on 09/16/2025.
Commvault Systems (CVLT) CFO Jennifer Leigh DiRico reported multiple sales of common stock executed under a pre-existing Rule 10b5-1 trading plan. The disclosures show four disposition entries on 09/09/2025 totaling 14,909 shares sold at weighted-average prices between approximately $181.55 and $184.63. After these sales the reporting person beneficially owned 45,143 shares. The filer notes the trading plan was adopted on June 10, 2025 and that a lock-up agreement remains in effect but permits these sales until its expiration on November 1, 2025. The form states that the reported sale prices are weighted averages from multiple transactions and that more granular price/quantity details can be provided on request.
Form 144 notice for Commvault Systems, Inc. (CVLT): The filer reports a proposed sale of 14,909 common shares through Morgan Stanley Smith Barney on 09/09/2025 on NASDAQ, with an aggregate market value of $2,716,729.91. These shares were acquired on 08/15/2025 from the issuer as 4,744 performance shares and 10,165 restricted stock. The filing also discloses a recent sale by Jennifer Dirico of 11,151 common shares on 08/18/2025 for gross proceeds of $1,985,264.94. The notice includes the standard representation that the seller is not aware of any undisclosed material adverse information about the issuer.
Commvault Systems, Inc. entered into an Indenture and issued $900,000,000 aggregate principal amount of 0% Convertible Senior Notes due 2030, including the full exercise of the initial purchasers’ $115,000,000 option. The Notes are senior unsecured obligations, mature on September 15, 2030, bear no regular interest, and may accrue up to 0.50% in special and additional interest upon certain events.
The Notes are initially convertible at 4.2215 shares per $1,000 (conversion price about $236.88 per share), with conditional early conversion features and issuer redemption rights starting in 2028 if stock price and other conditions are met. Commvault also entered into capped call transactions covering the shares underlying the Notes, with an initial cap price of $357.56 per share, designed to reduce potential dilution or excess cash payments upon conversion, subject to a cap.