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.
Sentiment and the balance of points
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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 Trade Summary 10b5-1
| 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 |
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 25,268 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 3,271 shares in multiple trades at prices ranging from $20.865 to $21.22 per share.
- 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.
- 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.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
sell-to-cover provision financial
Restricted Stock Unit Agreement financial
weighted average sale price financial
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