SailPoint's Abby Payne sells 39,963 common shares
The reported sales were executed under a Rule 10b5-1 plan and a mandatory sell-to-cover provision for tax withholding tied to restricted stock unit vesting.
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Rhea-AI Filing Summary
SailPoint, Inc. Chief People Officer Abby Payne reported direct sales of 39,963 common shares on October 6 and October 7, 2026. On October 6, she sold 16,766 shares at a weighted-average price of $20.2676 per share and 2,170 shares at $21.0303; on October 7, she sold 20,946 shares at $19.7098 and 81 shares at $20.4400.
The sales were made under a Rule 10b5-1 trading plan and a mandatory sell-to-cover provision for tax withholding tied to restricted stock unit vesting; the footnote states they were not discretionary trades. Holding entries dated October 6 list 10,782 shares in Abigail McKenzie Goode Trust, 277,356 in Abigail Payne 2024 GST Trust, and 34,670 in Madeleine C. Payne GST Trust. Payne is trustee and disclaims beneficial ownership except to the extent of her pecuniary interest.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F3, F5 | 20,946 | $19.7098 | $413K |
| Sale | Common Stock F1, F3, F6 | 81 | $20.44 | $2K |
| Sale | Common Stock F1, F2, F3 | 16,766 | $20.2676 | $340K |
| Sale | Common Stock F1, F3, F4 | 2,170 | $21.0303 | $46K |
| holding | Common Stock F7 | -- | -- | -- |
| holding | Common Stock F7 | -- | -- | -- |
| holding | Common Stock F7 | -- | -- | -- |
Footnotes (7)
- 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 16,766 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 2,170 shares in multiple trades at prices ranging from $20.865 to $21.22 per share.
- F5. On October 7, 2026, the Reporting Person sold 20,946 shares in multiple trades at prices ranging from $19.409 to $20.40 per share.
- F6. On October 7, 2026, the Reporting Person sold 81 shares in multiple trades at prices ranging from $20.44 to $20.445 per share.
- F7. The Reporting Person is a trustee for each of Abigail McKenzie Goode Trust, Abigail Payne 2024 GST Trust, and Madeleine C. Payne GST Trust (together, the "Trusts"). The beneficiary of each of the Trusts is the Reporting Person or an immediate family member of the Reporting Person. As such, the Reporting Person may be deemed to beneficially own all of the shares held by the Trusts; however, the Reporting Person disclaims beneficial ownership of the shares held by the Trusts except to the extent of her pecuniary interest therein.
Key Figures
Key Terms
Rule 10b5-1 trading plan financial
mandatory sell-to-cover provision financial
restricted stock units financial
weighted average sale price financial
FAQ
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What prices did Abby Payne report for the SAIL stock sales?
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