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SailPoint Technologies (SAIL) filer details RSU-related stock sales and plans

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

SailPoint Technologies (SAIL) reporting person Chandra Gnanasambandam filed a Form 144 indicating an intent to sell common stock. The filing lists a planned sale of common stock associated with RSU vesting dated July 5, 2026, treated as compensation. It also reports prior sales over the past three months: 20,082 shares of common stock sold on April 9, 2026 for $230,131.41, and 14,878 shares sold on July 7, 2026 for $242,339. Morgan Stanley Smith Barney LLC is identified as the broker, with trading on Nasdaq.

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Insights

Form 144 shows ongoing stock sales tied to compensation.

This Form 144 from Chandra Gnanasambandam outlines planned sales of SailPoint common stock linked to RSU vesting on July 5, 2026. RSUs are a stock-based compensation tool that convert into shares, which holders often sell to diversify or cover taxes.

The filing also discloses recent sales of 20,082 shares for $230,131.41 on April 9, 2026 and 14,878 shares for $242,339 on July 7, 2026. Morgan Stanley Smith Barney LLC is listed as the broker, and trades are on Nasdaq. These appear as routine liquidity events around equity compensation rather than a new corporate financing transaction.

Shares sold on April 9, 2026 20,082 shares Common stock sold by the reporting person on April 9, 2026
Proceeds on April 9, 2026 sale $230,131.41 Aggregate consideration for 20,082 shares sold on April 9, 2026
Shares sold on July 7, 2026 14,878 shares Common stock sold by the reporting person on July 7, 2026
Proceeds on July 7, 2026 sale $242,339 Aggregate consideration for 14,878 shares sold on July 7, 2026
RSU vesting date 07/05/2026 Date of RSU vesting associated with the shares to be sold
Form 144 regulatory
"144: Filer Information | | | 144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
RSU vesting financial
"Common stock | 07/05/2026 | RSU vesting | Issuer | | | 67961"
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.
Compensation financial
"67961 | 07/05/2026 | Compensation 144: Securities Sold"
Common Stock financial
"Common Stock | Morgan Stanley Smith Barney LLC 1 New York Plaza"
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.
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FAQ

What does the Form 144 filed for SAIL disclose?

The Form 144 for SAIL discloses that reporting person Chandra Gnanasambandam plans to sell common stock linked to RSU vesting on July 5, 2026, and lists stock sales made during the past three months.

How many SAIL shares were sold on April 9, 2026?

On April 9, 2026, the reporting person sold 20,082 shares of SAIL common stock for aggregate proceeds of $230,131.41, according to the Form 144’s three‑month sales history section.

What SAIL stock sale is reported for July 7, 2026?

On July 7, 2026, the Form 144 reports a sale of 14,878 shares of SAIL common stock, with total consideration of $242,339, as part of the reporting person’s recent sale activity.

What is the source of the SAIL shares to be sold under this Form 144?

The SAIL shares covered by this Form 144 are tied to RSU vesting dated July 5, 2026, labeled as Compensation, indicating the stock originates from equity-based compensation awards.

Which broker and market are involved in the SAIL Form 144 sales?

The Form 144 lists Morgan Stanley Smith Barney LLC as the broker for sales of SAIL common stock, with trading indicated on the Nasdaq market.

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