SAIL Form 144: RSU vesting leads to planned $1.16M sale

Rhea-AI Filing Summary

SailPoint, Inc. Form 144 shows an insider sale notice tied to recently vested restricted stock units. The filer reports a proposed sale of 51,700 shares of common stock on 10/08/2025 through Morgan Stanley Smith Barney LLC with an aggregate market value of $1,160,514.72 and 556,635,292 shares outstanding reported. The securities were acquired by RSU vesting on 10/05/2025, representing 389,651 shares from the issuer and paid as compensation.

The filing also discloses a recent sale by the same person, Matt Mills, of 50,671 shares on 10/07/2025 for gross proceeds of $1,142,818.53. The notice includes the standard insider representation that no undisclosed material adverse information is known to the seller.

Positive

• Disclosure completeness: filing lists broker, amounts, acquisition dates, and recent related sale
• Timely reporting: proposed sale and prior sale recorded within the same short window in 10/2025

Negative

• Potential dilution visibility: large outstanding share count of 556,635,292 highlights scale when assessing insider sales

Insights

Equity Compensation Analyst

Insider is monetizing recently vested RSUs within days of vesting.

The filing shows 389,651 shares vested as RSUs on 10/05/2025 with an intended brokered sale of 51,700 shares on 10/08/2025, indicating partial monetization of equity compensation shortly after vesting. Such timing is common when holders convert compensation into cash or rebalance positions.

Key dependencies include the market price on the sale date and any pre-existing trading plan; the filing contains the standard no‑material‑nonpublic‑information certification. Watch for additional Form 4 or 144 filings within days that could show further dispositions or a defined trading plan.

Corporate Governance Specialist

Disclosure appears routine and compliant with Rule 144 mechanics.

The notice lists broker, amount, acquisition via RSU vesting, and recent related sale, which maps to required disclosure elements for Rule 144 transactions. The seller's signature line reiterates the representation about undisclosed material information, a standard legal attestation.

Investors may track whether sales continue or whether the seller files a Rule 10b5-1 plan; additional filings could clarify whether disposals are ad hoc or pre-planned within 10/2025.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Morgan Stanley Smith Barney LLC 1 New York Plaza 8th Floor New York NY 10004	51700	1160514.72	556635292	10/08/2025	Nasdaq

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common stock	10/05/2025	RSU vesting	Issuer			389651	10/05/2025	Compensation

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Matt Mills 11120 Four Points Drive Suite 100 Austin TX 78726	Common Stock	10/07/2025	50671	1142818.53

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the SailPoint (SAIL) Form 144 disclose?

It discloses a proposed sale of 51,700 common shares on 10/08/2025 via Morgan Stanley Smith Barney LLC with an aggregate market value of $1,160,514.72.

How were the shares acquired that are being sold?

The shares were acquired through RSU vesting on 10/05/2025; 389,651 shares vested and payment was recorded as compensation.

Did the seller make any sales shortly before this filing?

Yes. Matt Mills sold 50,671 shares on 10/07/2025 for gross proceeds of $1,142,818.53.

Who is the broker handling the proposed sale?

The proposed sale is through Morgan Stanley Smith Barney LLC, address listed in the filing.

Does the filing state any undisclosed material information?

The signer represents they do not know any material adverse information about the issuer that has not been publicly disclosed.