SAIL insider plans 12,961-share sale in notice for SailPoint (NYSE: SAIL)
Rhea-AI Filing Summary
Brian Carolan filed a notice to sell common stock of SAIL. The filing covers a proposed sale of 12,961 shares of common stock through Morgan Stanley Smith Barney LLC on Nasdaq, with an aggregate market value of $257,960.83, at a time when 561,625,760 shares were outstanding. The shares to be sold relate to a larger block of 111,257 shares of common stock acquired on January 5, 2026 via restricted stock unit vesting from the issuer as compensation, with payment on the same date.
Over the prior three months, the same seller reported three sales of SAIL common stock: 36,899 shares on October 8, 2025 for $828,289.38 in gross proceeds, 84,699 shares on October 9, 2025 for $1,899,229.42, and 15,234 shares on January 6, 2026 for $292,963.42. By signing, the seller represents that they are not aware of undisclosed material adverse information about the issuer’s current or prospective operations.
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FAQ
What insider transaction does the SAIL Form 144 disclose?
The filing discloses that Brian Carolan intends to sell 12,961 shares of SAIL common stock through Morgan Stanley Smith Barney LLC on Nasdaq, with an aggregate market value of $257,960.83.
How many SAIL shares were outstanding when this sale was planned?
The notice states that there were 561,625,760 shares of SAIL common stock outstanding at the time the planned sale of 12,961 shares was reported.
How did the seller acquire the SAIL shares referenced in this Form 144?
The seller acquired 111,257 shares of SAIL common stock on January 5, 2026 through restricted stock unit (RSU) vesting from the issuer as compensation, with payment also on January 5, 2026.
What SAIL stock sales has the filer made in the past three months?
Over the past three months, the filer sold SAIL common stock in three transactions: 36,899 shares on October 8, 2025 for $828,289.38, 84,699 shares on October 9, 2025 for $1,899,229.42, and 15,234 shares on January 6, 2026 for $292,963.42 in gross proceeds.
Which broker is handling the planned SAIL share sale in this Form 144?
The planned sale of 12,961 SAIL common shares is to be executed through Morgan Stanley Smith Barney LLC, located at 1 New York Plaza, 8th Floor, New York, NY 10004.
What representation does the seller make about SAIL in this notice?
By signing the notice, the seller represents that they do not know of any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.