SailPoint Form 144: insider sells 148,003 shares for $3.32M
Rhea-AI Filing Summary
SailPoint, Inc. insider Mark McClain filed a Form 144 to sell 148,003 shares of common stock through Morgan Stanley Smith Barney on 10/08/2025, with an aggregate market value of $3,322,253.40. The filing shows those shares were acquired on 10/05/2025 from RSU vesting and were paid as compensation. The notice also discloses a recent sale by the same person of 145,058 shares on 10/07/2025 for gross proceeds of $3,271,594.61. The filer certifies no undisclosed material adverse information.
Positive
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Negative
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Insights
TL;DR: Insider RSU vesting followed by immediate sales worth ~$3.3M across two days.
The filing shows 148,003 shares were scheduled for sale on 10/08/2025 after being acquired via RSU vesting on 10/05/2025, with an aggregate value of $3,322,253.40. A nearly identical block of 145,058 shares was sold one day earlier for $3,271,594.61, indicating proximate liquidity events tied to compensation.
Execution via Morgan Stanley Smith Barney and the Form 144 notice signal compliance with Rule 144 disposal requirements. Watch short-term share supply on 10/08/2025 and any subsequent SEC filings for additional planned sales.