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SailPoint officer proposes $266K sale of 13,078 shares

The notice also records 67,962 common shares acquired through RSU vesting on October 5, 2026, as compensation.

(Neutral)

Sentiment and the balance of points

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Form Type
144

Rhea-AI Filing Summary

SailPoint, Inc. officer Chandrasekar Gnanasambandam filed notice of a proposed sale of 13,078 common shares, with an aggregate market value of $266,203. The notice identifies Morgan Stanley Smith Barney LLC as broker and Nasdaq as the exchange, with an approximate sale date of October 6, 2026. It separately lists prior sales by Chandra Gnanasambandam of 14,878 shares on July 7, 2026, and 19,540 shares on July 8, 2026.

Proposed sale 13,078 common shares Notice lists an approximate sale date of October 6, 2026
Aggregate market value $266,203 Proposed sale
Common shares outstanding 570,911,633 shares Reported in the sale notice
Shares acquired through RSU vesting 67,962 shares October 5, 2026; compensation
Prior sale by Chandra Gnanasambandam 14,878 shares July 7, 2026
Gross proceeds from prior sale $242,339 July 7, 2026
Prior sale by Chandra Gnanasambandam 19,540 shares July 8, 2026
Gross proceeds from prior sale $301,213 July 8, 2026
Rule 144 regulatory
"definition of "person" in paragraph (a) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
RSU vesting financial
"Nature of acquisition: RSU vesting"
RSU vesting is the process by which restricted stock units — a promise by a company to give shares to an employee — become actual, owned shares over time or when certain goals are met. Investors care because vested shares can dilute existing ownership when issued, and the timing of vesting affects when employees can sell shares, which can influence share supply, insider selling patterns, and company incentives.
attorney-in-fact regulatory
"Ryan Clyde, attorney-in-fact"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

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

How many SAIL shares does Chandrasekar Gnanasambandam plan to sell?

SailPoint officer Chandrasekar Gnanasambandam gave notice of a proposed sale of 13,078 common shares, with an aggregate market value of $266,203. The notice lists October 6, 2026 as the approximate sale date.

When and where is the proposed SAIL share sale listed?

The notice lists October 6, 2026 as the approximate sale date. Morgan Stanley Smith Barney LLC is named as broker, and Nasdaq is the listed exchange.

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

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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