STOCK TITAN

SailPoint CFO Brian Carolan sells 81,361 shares

The footnote says the trades were not discretionary and identifies a mandatory sell-to-cover provision in the RSU agreement.

(Very High)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
4

Rhea-AI Filing Summary

Brian Carolan, SailPoint, Inc.'s Chief Financial Officer, reported sales of 25,268 shares at a weighted-average price of $20.2676 per share and 3,271 shares at $21.0303 per share on October 6, 2026, and sales of 52,619 shares at $19.7098 per share and 203 shares at $20.4400 per share on October 7, 2026. The sales totaled 81,361 shares. They were made under a Rule 10b5-1 trading plan and a mandatory sell-to-cover provision in the underlying Restricted Stock Unit Agreement for tax withholding connected with restricted stock unit vesting.

Insights

Analyzing...

Insider CAROLAN BRIAN
Role Chief Financial Officer
Sold 81,361 shs ($1.62M)
Type Security Shares Price Value
Sale Common Stock F1, F3, F5 52,619 $19.7098 $1.04M
Sale Common Stock F1, F3, F6 203 $20.44 $4K
Sale Common Stock F1, F2, F3 25,268 $20.2676 $512K
Sale Common Stock F1, F3, F4 3,271 $21.0303 $69K
Holdings After Transaction: Common Stock — 1,626,381 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 25,268 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 3,271 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 52,619 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 203 shares in multiple trades at prices ranging from $20.44 to $20.445 per share.
Shares sold and weighted-average price 25,268 shares at $20.2676 per share October 6, 2026
Shares sold and weighted-average price 3,271 shares at $21.0303 per share October 6, 2026
Shares sold and weighted-average price 52,619 shares at $19.7098 per share October 7, 2026
Shares sold and weighted-average price 203 shares at $20.4400 per share October 7, 2026
Rule 10b5-1 trading plan regulatory
"the sales were made 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.
sell-to-cover provision financial
"mandatory sell-to-cover provision in the Reporting Person's underlying Restricted Stock Unit Agreement"
Restricted Stock Unit Agreement financial
"the Reporting Person's 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
"the price reported above reflects the weighted average sale price"

FAQ

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

How many SAIL shares did Brian Carolan sell, and at what prices?

Brian Carolan reported sales totaling 81,361 SailPoint common shares in four transactions on October 6 and October 7, 2026: 25,268 at $20.2676 and 3,271 at $21.0303 per share on October 6, then 52,619 at $19.7098 and 203 at $20.4400 per share on October 7. Each reported price is a weighted average.

Why did Brian Carolan sell SAIL shares in October 2026?

The sales were made under a Rule 10b5-1 trading plan and a mandatory sell-to-cover provision in the underlying Restricted Stock Unit Agreement. The provision covered tax withholding obligations connected with restricted stock unit vesting, and the footnote says the trades did not represent discretionary trades by Brian Carolan.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
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*
CAROLAN BRIAN

(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 Financial 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)25,268D$20.2676(2)(3)1,682,474D
Common Stock10/06/2026S(1)3,271D$21.0303(3)(4)1,679,203D
Common Stock10/07/2026S(1)52,619D$19.7098(3)(5)1,626,584D
Common Stock10/07/2026S(1)203D$20.44(3)(6)1,626,381D
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 25,268 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 3,271 shares in multiple trades at prices ranging from $20.865 to $21.22 per share.
5. On October 7, 2026, the Reporting Person sold 52,619 shares in multiple trades at prices ranging from $19.409 to $20.40 per share.
6. On October 7, 2026, the Reporting Person sold 203 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)

Keep reading