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SailPoint (SAIL) General Counsel Christopher Schmitt receives 358,306-share stock grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

SailPoint, Inc. General Counsel and Secretary Christopher Schmitt reported an acquisition of company common stock through an equity grant. On the reported date, he received 358,306 shares of common stock at a stated price of $0.00 per share, characterized as a grant or award rather than an open-market purchase.

Following this award, Schmitt’s directly held ownership increased to 1,401,625 shares of SailPoint common stock. The transaction is classified as a non-derivative equity award, indicating direct ownership of the underlying common shares.

Positive

  • None.

Negative

  • None.
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).
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 TX 78726

(City) (State) (Zip)
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
3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 03/04/2026 A 358,306 A $0 1,401,625 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:
Remarks:
/s/ Ryan Clyde, attorney-in-fact 03/06/2026
** 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.

FAQ

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

SailPoint reported that Christopher Schmitt, its General Counsel and Secretary, acquired 358,306 shares of common stock. This was recorded as a grant or award, not an open-market purchase, and increased his directly held ownership stake in the company.

How many SailPoint (SAIL) shares did Christopher Schmitt acquire in this Form 4 filing?

Christopher Schmitt acquired 358,306 shares of SailPoint common stock. The transaction was coded as a grant, award, or other acquisition, reflecting an equity-based award rather than a cash purchase at market prices.

What is Christopher Schmitt’s total SailPoint (SAIL) share ownership after the grant?

After the reported equity grant, Christopher Schmitt directly owns 1,401,625 shares of SailPoint common stock. This total reflects his holdings following the 358,306-share award recorded in the Form 4 insider transaction report.

Was cash paid for the SailPoint (SAIL) shares acquired by Christopher Schmitt?

The reported acquisition shows a price of $0.00 per share, indicating no cash purchase. Instead, the Form 4 classifies the transaction as a grant or award of common stock, a typical structure for executive equity compensation.

What role does Christopher Schmitt hold at SailPoint (SAIL) in this insider filing?

In this insider transaction, Christopher Schmitt is identified as SailPoint’s General Counsel and Secretary. His officer status helps explain why he received a large grant or award of common stock as part of his overall compensation structure.
SailPoint Parent, LP

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