SailPoint counsel sells 42,830 shares under plan

SailPoint, Inc. General Counsel and Secretary Christopher Schmitt reported open-market sales of a total of 42,830 shares of common stock on July 7–8, 2026.

Rhea-AI Filing Summary

SailPoint, Inc. General Counsel and Secretary Christopher Schmitt reported open-market sales of a total of 42,830 shares of common stock on July 7–8, 2026. The shares were sold at weighted average prices between $15.4152 and $16.7290 per share. According to the disclosure, these trades were executed under a Rule 10b5-1 trading plan and pursuant to a mandatory sell-to-cover provision tied to vested restricted stock units for tax withholding, so they are characterized as non-discretionary. After these transactions, Schmitt directly owns 1,312,721 shares of SailPoint common stock.

Insider Trade Summary 10b5-1

Net Seller: 42,830 shares

Net Sell 3 txns

Insider Schmitt Christopher

Role General Counsel and Secretary

Sold 42,830 shs ($681K)

Type	Security	Shares	Price	Value
Sale	Common Stock	18,890	$15.4152	$291K
Sale	Common Stock	15,569	$16.0515	$250K
Sale	Common Stock	8,371	$16.729	$140K

Holdings After Transaction: Common Stock — 1,312,721 shares (Direct)

Footnotes (5)

1. F1. These trades were executed under a Rule 10b5-1 trading plan and pursuant to a mandatory sell-to-cover provision in the Reporting Person's underlying Restricted Stock Unit Agreement for the satisfaction of tax withholding obligations in connection with the vesting of restricted stock units and consequently do not represent discretionary trades by the Reporting Person.
2. F2. On July 7, 2026, the Reporting Person sold 15,569 shares in multiple trades at prices ranging from $15.55 to $16.545 per share.
3. F3. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the trades were effected.
4. F4. On July 7, 2026, the Reporting Person sold 8,371 shares in multiple trades at prices ranging from $16.55 to $16.95 per share.
5. F5. On July 8, 2026, the Reporting Person sold 18,890 shares in multiple trades at prices ranging from $15.115 to $16.015 per share.

Key Figures

Total shares sold: 42,830 shares Shares sold on July 8, 2026: 18,890 shares Shares sold on July 7, 2026 (block 1): 15,569 shares +5 more

8 metrics

Total shares sold 42,830 shares Open-market sales on July 7–8, 2026

Shares sold on July 8, 2026 18,890 shares Common stock at $15.4152 weighted average price

Shares sold on July 7, 2026 (block 1) 15,569 shares Common stock at $16.0515 weighted average price

Shares sold on July 7, 2026 (block 2) 8,371 shares Common stock at $16.7290 weighted average price

Post-transaction holdings 1,312,721 shares Direct ownership after July 8, 2026 sale

Price range July 7, 2026 block 1 $15.55–$16.545 per share Multiple trades as noted in footnote F2

Price range July 7, 2026 block 2 $16.55–$16.95 per share Multiple trades as noted in footnote F4

Price range July 8, 2026 $15.115–$16.015 per share Multiple trades as noted in footnote F5

Key Terms

Rule 10b5-1 trading plan, sell-to-cover provision, Restricted Stock Unit Agreement, tax withholding obligations, +1 more

5 terms

Rule 10b5-1 trading plan regulatory

"These trades were executed under a Rule 10b5-1 trading plan and pursuant to a mandatory sell-to-cover provision..."

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

sell-to-cover provision financial

"...pursuant to a mandatory sell-to-cover provision in the Reporting Person's underlying Restricted Stock Unit Agreement..."

Restricted Stock Unit Agreement financial

"...mandatory sell-to-cover provision in the Reporting Person's underlying Restricted Stock Unit Agreement for the satisfaction of tax withholding obligations..."

A restricted stock unit agreement is a written contract between a company and an individual that describes a promise to deliver company shares or cash later, subject to conditions such as time-based vesting or performance targets. Think of it like a timed gift: the recipient only receives the shares if they meet the agreed conditions. Investors care because these agreements create future share issuance, affect potential dilution, corporate expenses and incentives for insiders, and influence when insiders may sell shares.

tax withholding obligations financial

"...for the satisfaction of tax withholding obligations in connection with the vesting of restricted stock units..."

weighted average sale price financial

"The price reported above reflects the weighted average sale price."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did SailPoint (SAIL) report for Christopher Schmitt?

SailPoint reported that Christopher Schmitt, its General Counsel and Secretary, sold a total of 42,830 shares of common stock on July 7–8, 2026. The trades were disclosed as open-market sales executed under an existing Rule 10b5-1 trading plan.

At what prices did Christopher Schmitt sell SailPoint (SAIL) shares?

Christopher Schmitt’s reported sales occurred at weighted average prices of $16.0515, $16.7290, and $15.4152 per share. Footnotes add that individual trades on those days were executed within price ranges between $15.115 and $16.95 per share.

How many SailPoint (SAIL) shares does Christopher Schmitt hold after these trades?

Following the reported transactions, Christopher Schmitt directly holds 1,312,721 shares of SailPoint common stock. This post-transaction holding reflects his remaining ownership after selling 42,830 shares across three open-market sale entries on July 7 and July 8, 2026.

Were the recent SailPoint (SAIL) insider sales discretionary trades?

The filing states the trades were executed under a Rule 10b5-1 trading plan and a mandatory sell-to-cover provision for tax withholding on vesting restricted stock units. It notes these sales do not represent discretionary trades by Christopher Schmitt.

Why did Christopher Schmitt sell SailPoint (SAIL) shares according to the filing?

The disclosure explains that the sales were made pursuant to a mandatory sell-to-cover provision in his restricted stock unit agreement. Shares were sold to satisfy tax withholding obligations triggered by the vesting of restricted stock units, rather than as discretionary portfolio decisions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/09/2026 - 04:41 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Schmitt Christopher

(Last) (First) (Middle)

C/O SAILPOINT TECHNOLOGIES HOLDINGS, INC

11120 FOUR POINTS DRIVE, SUITE 100

(Street)

AUSTIN TEXAS 78726

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
SailPoint, Inc. [ SAIL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	General Counsel and Secretary

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/07/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/07/2026		S(1)		15,569	D	$16.0515(2)(3)	1,339,982	D
Common Stock	07/07/2026		S(1)		8,371	D	$16.729(3)(4)	1,331,611	D
Common Stock	07/08/2026		S(1)		18,890	D	$15.4152(3)(5)	1,312,721	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These trades were executed under a Rule 10b5-1 trading plan and pursuant to a mandatory sell-to-cover provision in the Reporting Person's underlying Restricted Stock Unit Agreement for the satisfaction of tax withholding obligations in connection with the vesting of restricted stock units and consequently do not represent discretionary trades by the Reporting Person.

2. On July 7, 2026, the Reporting Person sold 15,569 shares in multiple trades at prices ranging from $15.55 to $16.545 per share.

3. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the trades were effected.

4. On July 7, 2026, the Reporting Person sold 8,371 shares in multiple trades at prices ranging from $16.55 to $16.95 per share.

5. On July 8, 2026, the Reporting Person sold 18,890 shares in multiple trades at prices ranging from $15.115 to $16.015 per share.

Remarks:

	/s/ Ryan Clyde, attorney-in-fact	07/09/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)