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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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 Trade Summary 10b5-1
| 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 |
Footnotes (6)
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
mandatory sell-to-cover provision financial
Restricted Stock Unit Agreement financial
weighted average sale price financial
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