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SailPoint Mark McClain proposes $2.11M share sale

The notice also lists two common-stock sales by Mark McClain in July, preceding the proposed October 6 sale.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
144

Rhea-AI Filing Summary

SailPoint, Inc. reports a proposed sale by Mark McClain, a director and officer, of 103,893 common shares through Morgan Stanley Smith Barney LLC, with an aggregate market value of $2,114,742 and an approximate sale date of October 6, 2026, on Nasdaq. The notice also lists prior sales by McClain: 118,194 shares with a reported value of $1,925,191 on July 7, 2026, and 93,260 shares with a reported value of $1,437,622 on July 8, 2026.

Proposed common shares to be sold 103,893 shares Approximate sale date: October 6, 2026
Aggregate market value $2,114,742 Proposed sale
Prior common shares sold 118,194 shares July 7, 2026
Reported value of prior sale $1,925,191 July 7, 2026
Prior common shares sold 93,260 shares July 8, 2026
Reported value of prior sale $1,437,622 July 8, 2026
Rule 144 regulatory
"sales required by paragraph (e) 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 SailPoint (SAIL) shares does Mark McClain plan to sell?

The notice lists a proposed sale of 103,893 common shares by Mark McClain, a director and officer, with an aggregate market value of $2,114,742. The approximate sale date is October 6, 2026, through Morgan Stanley Smith Barney LLC on Nasdaq.

What common shares did Mark McClain previously sell?

Mark McClain's reported prior sales were 118,194 shares with a reported value of $1,925,191 on July 7, 2026, and 93,260 shares with a reported value of $1,437,622 on July 8, 2026.

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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