SailPoint (NYSE: SAIL) insider files Form 144 to sell 5,124 shares
Rhea-AI Filing Summary
SailPoint Technologies insider Chandra Gnanasambandam filed a notice of proposed sale under Rule 144 for 5,124 shares of common stock, with an aggregate market value of $98,539.09 through broker Morgan Stanley Smith Barney on Nasdaq around 01/06/2026. Shares outstanding were 561,625,760 at the time listed. The shares to be sold come from 37,424 common shares acquired on 01/05/2026 via restricted stock unit vesting treated as compensation. Over the prior three months, the same seller disposed of 12,654, 12,911, and 27,174 shares of common stock on 10/07/2025, 10/08/2025, and 10/09/2025, for gross proceeds of $285,394.52, $289,810.74, and $609,338.52, respectively.
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FAQ
What does the SailPoint (SAIL) Form 144 filing disclose?
The filing discloses that insider Chandra Gnanasambandam plans to sell 5,124 shares of SailPoint common stock under Rule 144, with an aggregate market value of $98,539.09, through Morgan Stanley Smith Barney on Nasdaq around 01/06/2026.
How were the SailPoint (SAIL) shares being sold acquired?
The shares being sold are part of 37,424 common shares acquired on 01/05/2026 through RSU vesting from the issuer, recorded as compensation.
How many SailPoint (SAIL) shares are outstanding in this Form 144?
The notice states that 561,625,760 shares of SailPoint common stock were outstanding at the time referenced in the securities information section.
What SailPoint (SAIL) insider sales occurred in the last 3 months?
During the prior three months, Chandra Gnanasambandam sold SailPoint common stock in three transactions: 12,654 shares on 10/07/2025 for $285,394.52, 12,911 shares on 10/08/2025 for $289,810.74, and 27,174 shares on 10/09/2025 for $609,338.52.
Which broker is handling the SailPoint (SAIL) Form 144 sale?
The planned sale of 5,124 shares of SailPoint common stock is listed as being handled by Morgan Stanley Smith Barney LLC, located at 1 New York Plaza, 8th Floor, New York, NY 10004, with trading on Nasdaq.
What certification does the SailPoint (SAIL) insider make in the Form 144?
By signing the notice, the person for whose account the securities are to be sold represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed, and acknowledges that intentional misstatements or omissions can constitute federal criminal violations.