SailPoint, Inc. (SAIL) director Tracey Newell receives 14,224-share grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Newell Tracey reported acquisition or exercise transactions in this Form 4 filing.
SailPoint, Inc. director Tracey Newell reported an equity grant and updated her share holdings. She received a grant of 14,224 shares of Common Stock at a price of $0.00 per share as a compensation-related award, bringing her direct holdings to 50,384 shares of SailPoint common stock following the grant. The filing also notes 18,283 shares of common stock held indirectly through Newell Enterprises LLC. Newell is a manager of this LLC and may be deemed to beneficially own the LLC’s shares, but she disclaims beneficial ownership except to the extent of her pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Newell Tracey
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14,224 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 50,384 shares (Direct, null);
Common Stock — 18,283 shares (Indirect, By Newell Enterprises LLC)
Footnotes (1)
- [object Object]
Key Figures
Equity grant: 14,224 shares
Grant price: $0.00 per share
Direct holdings after grant: 50,384 shares
+1 more
4 metrics
Equity grant
14,224 shares
Common Stock awarded at $0.00 per share
Grant price
$0.00 per share
Price for 14,224-share compensation award
Direct holdings after grant
50,384 shares
Common Stock directly owned by Tracey Newell
Indirect holdings via LLC
18,283 shares
Common Stock held by Newell Enterprises LLC
Key Terms
Grant, award, or other acquisition, indirect ownership, beneficially own, pecuniary interest, +1 more
5 terms
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
indirect ownership financial
""ownership_type": "indirect""
beneficially own financial
"may be deemed to beneficially own all of the shares held"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
pecuniary interest financial
"disclaims beneficial ownership of the shares held by the LLC except to the extent of her pecuniary interest"
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did SailPoint (SAIL) director Tracey Newell report?
Tracey Newell reported receiving a grant of 14,224 shares of SailPoint common stock at $0.00 per share. This is a compensation-related award rather than an open-market purchase, and it increased her directly held stake in the company.