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SailPoint (SAIL) CEO receives 1.50M-share equity award in Form 4

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

Rhea-AI Filing Summary

McClain Mark D. reported acquisition or exercise transactions in this Form 4 filing.

SailPoint, Inc. Chief Executive Officer Mark D. McClain reported an equity award of 1,498,371 shares of common stock on a Form 4. The award was recorded at a price of $0.00 per share and increased his directly held stake to 8,532,788 shares of common stock.

He is also listed as holding shares indirectly through the McClain GMM 2015 Trust and the Paul N. McClain Gift Trust, which together reported 69,339 shares after the transactions. The filing notes he may be deemed to beneficially own these trust shares but disclaims beneficial ownership except to the extent of his pecuniary interest.

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*
McClain Mark D.

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
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 1,498,371 A $0 8,532,788 D
Common Stock 52,004 I By McClain GMM 2015 Trust(1)
Common Stock 17,335 I By Paul N. McClain Gift Trust(1)
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:
1. The Reporting Person is a trustee for each of McClain GMM 2015 Trust and Paul N. McClain Gift Trust (together, the "Trusts"). The beneficiary of each of the Trusts is 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 his pecuniary interest therein.
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 CEO Mark D. McClain?

SailPoint reported that CEO Mark D. McClain received an equity award of 1,498,371 shares of common stock. The shares were granted at $0.00 per share, reflecting a stock-based compensation award rather than an open-market purchase.

How many SailPoint (SAIL) shares does CEO Mark D. McClain hold after this Form 4?

After the reported award, Mark D. McClain directly holds 8,532,788 shares of SailPoint common stock. This total reflects his ownership immediately following the grant of 1,498,371 shares disclosed in the Form 4 filing.

Are any SailPoint (SAIL) shares held for Mark D. McClain through trusts?

Yes. The Form 4 lists indirect holdings of 52,004 shares through the McClain GMM 2015 Trust and 17,335 shares through the Paul N. McClain Gift Trust, with McClain serving as trustee for both trusts.

Does Mark D. McClain fully claim beneficial ownership of SailPoint shares in the trusts?

No. The filing states he may be deemed to beneficially own all shares held by the trusts but disclaims beneficial ownership of those shares except to the extent of his pecuniary interest in them, as the beneficiaries are immediate family members.

What does the transaction code on SailPoint (SAIL) CEO’s Form 4 indicate?

The Form 4 uses transaction code A, described as a grant, award, or other acquisition of common stock. This indicates the 1,498,371 shares were received as an equity award, not purchased or sold in the open market.
SailPoint Parent, LP

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8.60B
67.12M
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