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SailPoint's Mitra Rezvan sells 7,087 common shares

The sales were tied to tax withholding on restricted stock unit vesting under a mandatory sell-to-cover provision, rather than discretionary trades.

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Form Type
4

Rhea-AI Filing Summary

At SailPoint, Inc., Chief Accounting Officer Mitra Rezvan reported selling 7,087 shares of common stock on October 6 and October 7, 2026. The trades were executed under a Rule 10b5-1 trading plan and pursuant to a mandatory sell-to-cover provision in the underlying Restricted Stock Unit Agreement to satisfy tax withholding obligations connected with restricted stock unit vesting; the trades do not represent discretionary trades.

Insider REZVAN MITRA
Role Chief Accounting Officer
Sold 7,087 shs ($141K)
Type Security Shares Price Value
Sale Common Stock F1, F3, F5 4,474 $19.7098 $88K
Sale Common Stock F1, F3, F6 17 $20.44 $347.48
Sale Common Stock F1, F2, F3 2,298 $20.2676 $47K
Sale Common Stock F1, F3, F4 298 $21.0303 $6K
Holdings After Transaction: Common Stock — 174,340 shares (Direct)
Footnotes (6)
  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 October 6, 2026, the Reporting Person sold 2,298 shares in multiple trades at prices ranging from $19.864 to $20.86 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 October 6, 2026, the Reporting Person sold 298 shares in multiple trades at prices ranging from $20.865 to $21.22 per share.
  5. F5. On October 7, 2026, the Reporting Person sold 4,474 shares in multiple trades at prices ranging from $19.409 to $20.40 per share.
  6. F6. On October 7, 2026, the Reporting Person sold 17 shares in multiple trades at prices ranging from $20.44 to $20.445 per share.
Total shares sold 7,087 shares Four reported sales on October 6 and October 7, 2026
Weighted-average sale price and shares sold 2,298 shares at $20.2676 per share October 6, 2026
Weighted-average sale price and shares sold 298 shares at $21.0303 per share October 6, 2026
Weighted-average sale price and shares sold 4,474 shares at $19.7098 per share October 7, 2026
Weighted-average sale price and shares sold 17 shares at $20.4400 per share October 7, 2026
Rule 10b5-1 trading plan regulatory
"executed under a Rule 10b5-1 trading plan"
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.
mandatory sell-to-cover provision financial
"pursuant to a mandatory sell-to-cover provision"
Restricted Stock Unit Agreement financial
"underlying Restricted Stock Unit Agreement"
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.
weighted average sale price financial
"reflects the weighted average sale price"

FAQ

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

How many SAIL shares did Mitra Rezvan sell?

Mitra Rezvan reported selling 7,087 SailPoint common shares on October 6 and October 7, 2026. The trades were executed under a Rule 10b5-1 trading plan and pursuant to a mandatory sell-to-cover provision for tax withholding connected with restricted stock unit vesting.

What were the reported SAIL sale prices?

The reported weighted-average prices were $20.2676 per share for 2,298 shares and $21.0303 per share for 298 shares on October 6, 2026, and $19.7098 per share for 4,474 shares and $20.4400 per share for 17 shares on October 7, 2026.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
REZVAN MITRA

(Last)(First)(Middle)
C/O SAILPOINT, INC.
11120 FOUR POINTS DR., 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/06/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock10/06/2026S(1)2,298D$20.2676(2)(3)179,129D
Common Stock10/06/2026S(1)298D$21.0303(3)(4)178,831D
Common Stock10/07/2026S(1)4,474D$19.7098(3)(5)174,357D
Common Stock10/07/2026S(1)17D$20.44(3)(6)174,340D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 October 6, 2026, the Reporting Person sold 2,298 shares in multiple trades at prices ranging from $19.864 to $20.86 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 October 6, 2026, the Reporting Person sold 298 shares in multiple trades at prices ranging from $20.865 to $21.22 per share.
5. On October 7, 2026, the Reporting Person sold 4,474 shares in multiple trades at prices ranging from $19.409 to $20.40 per share.
6. On October 7, 2026, the Reporting Person sold 17 shares in multiple trades at prices ranging from $20.44 to $20.445 per share.
Remarks:
/s/ Ryan Clyde, attorney-in-fact10/08/2026
** Signature of Reporting PersonDate
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)

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