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SailPoint officer proposes $428K share sale

The proposed sale follows Christopher Schmitt's October 5, 2026 vesting of 109,355 shares as compensation.

(Neutral)

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Form Type
144

Rhea-AI Filing Summary

SailPoint, Inc. officer Christopher Schmitt reported a proposed sale of 21,043 common shares on October 6, 2026, with an aggregate market value of $428,330, through Morgan Stanley Smith Barney LLC on Nasdaq. The notice lists 109,355 shares acquired from the issuer through RSU vesting on October 5, 2026, as compensation. His listed past sales include 23,940 shares for $389,944 on July 7 and 18,890 shares for $291,193 on July 8, 2026.

Proposed sale 21,043 common shares Approximate sale date October 6, 2026
Aggregate market value $428,330 Proposed sale
Shares acquired through RSU vesting 109,355 shares October 5, 2026; compensation
Past sale 23,940 shares July 7, 2026
Aggregate market value $389,944 Past sale on July 7, 2026
Past sale 18,890 shares July 8, 2026
Aggregate market value $291,193 Past sale on July 8, 2026
RSU vesting financial
"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.
Rule 144 regulatory
"See the definition of "person" in paragraph (a) 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.
attorney-in-fact regulatory
"/s/ 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 SAIL shares did Christopher Schmitt propose to sell?

Christopher Schmitt reported a proposed sale of 21,043 common shares on October 6, 2026, with an aggregate market value of $428,330, through Morgan Stanley Smith Barney LLC on Nasdaq.

What were Christopher Schmitt's recent SAIL share sales?

The listed past sales were 23,940 shares for $389,944 on July 7, 2026, and 18,890 shares for $291,193 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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