STOCK TITAN

Tax sell-to-cover trades by SailPoint (SAIL) CPO under 10b5-1

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

SailPoint, Inc. Chief People Officer Abby Payne reported routine tax-related stock sales under a pre-set Rule 10b5-1 trading plan. On April 7–9, 2026, she sold a total of 41,460 shares of common stock in open-market transactions at weighted average prices of $12.7219, $12.8006, $11.4228, and $12.2100 per share. Footnotes state these trades were executed pursuant to a mandatory sell-to-cover provision in her Restricted Stock Unit Agreement to satisfy tax withholding on vesting, and therefore were not discretionary trades.

After these transactions, Payne directly held 930,506 shares of SailPoint common stock. She is also a trustee for the Abigail McKenzie Goode Trust, Abigail Payne 2024 GST Trust, and Madeleine C. Payne GST Trust, which together hold additional shares; she may be deemed to beneficially own those shares but disclaims beneficial ownership except to the extent of her pecuniary interest.

Positive

  • None.

Negative

  • None.
Insider Payne Abby
Role Chief People Officer
Sold 41,460 shs ($507K)
Type Security Shares Price Value
Sale Common Stock 16,138 $11.4228 $184K
Sale Common Stock 792 $12.21 $10K
Sale Common Stock 12,259 $12.8006 $157K
Sale Common Stock 12,271 $12.7219 $156K
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 931,298 shares (Direct); Common Stock — 10,782 shares (Indirect, By Abigail McKenzie Goode Trust)
Footnotes (1)
  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. On April 7, 2026, the Reporting Person sold 12,271 shares in multiple trades at prices ranging from $12.46 to $13.095 per share. 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. On April 8, 2026, the Reporting Person sold 12,259 shares in multiple trades at prices ranging from $12.40 to $13.21 per share. On April 9, 2026, the Reporting Person sold 16,138 shares in multiple trades at prices ranging from $11.135 to $12.01 per share. 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.
Shares sold total 41,460 shares Net common stock sold April 7–9, 2026
Sale price April 7 $12.7219/share Weighted average sale price on April 7, 2026
Sale price April 8 $12.8006/share Weighted average sale price on April 8, 2026
Sale prices April 9 $11.4228 and $12.2100/share Reported weighted average sale prices on April 9, 2026
Direct holdings after trades 930,506 shares Direct SailPoint common stock held after April 9, 2026
Abigail McKenzie Goode Trust holdings 10,782 shares Indirect holdings via trust as of April 7, 2026
Abigail Payne 2024 GST Trust holdings 277,356 shares Indirect holdings via GST trust as of April 7, 2026
Madeleine C. Payne GST Trust holdings 34,670 shares Indirect holdings via GST trust as of April 7, 2026
Rule 10b5-1 trading plan financial
"These trades were executed under a Rule 10b5-1 trading plan and pursuant to a mandatory sell-to-cover provision"
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.
mandatory sell-to-cover financial
"pursuant to a mandatory sell-to-cover provision in the Reporting Person's underlying Restricted Stock Unit Agreement"
Restricted Stock Unit Agreement financial
"mandatory sell-to-cover provision in the Reporting Person's underlying Restricted Stock Unit Agreement for the satisfaction of tax withholding obligations"
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."
pecuniary interest financial
"disclaims beneficial ownership of the shares held by the Trusts except to the extent of her pecuniary interest therein."
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*
Payne Abby

(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 People Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/07/2026
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 Stock04/07/2026S(1)12,271D$12.7219(2)(3)959,695D
Common Stock04/08/2026S(1)12,259D$12.8006(3)(4)947,436D
Common Stock04/09/2026S(1)16,138D$11.4228(3)(5)931,298D
Common Stock04/09/2026S(1)792D$12.21930,506D
Common Stock10,782IBy Abigail McKenzie Goode Trust(6)
Common Stock277,356IBy Abigail Payne 2024 GST Trust(6)
Common Stock34,670IBy Madeleine C. Payne GST Trust(6)
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 April 7, 2026, the Reporting Person sold 12,271 shares in multiple trades at prices ranging from $12.46 to $13.095 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 April 8, 2026, the Reporting Person sold 12,259 shares in multiple trades at prices ranging from $12.40 to $13.21 per share.
5. On April 9, 2026, the Reporting Person sold 16,138 shares in multiple trades at prices ranging from $11.135 to $12.01 per share.
6. 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.
Remarks:
/s/ Ryan Clyde, attorney-in-fact04/09/2026
** 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)

FAQ

What did SailPoint (SAIL) Chief People Officer Abby Payne report in this Form 4?

Abby Payne reported sales of SailPoint common stock totaling 41,460 shares over April 7–9, 2026. The transactions were executed under a Rule 10b5-1 trading plan and tied to tax withholding on vested restricted stock units.

How many SailPoint (SAIL) shares did Abby Payne sell and at what prices?

Abby Payne sold 41,460 shares of SailPoint common stock in several trades. Reported weighted average sale prices included $12.7219, $12.8006, $11.4228, and $12.2100 per share across transactions on April 7, 8, and 9, 2026.

Were Abby Payne’s SailPoint (SAIL) stock sales discretionary trades?

The filing states they were not discretionary. Footnotes explain the sales were made under a Rule 10b5-1 trading plan and a mandatory sell-to-cover feature in her Restricted Stock Unit Agreement to satisfy tax withholding obligations upon vesting.

How many SailPoint (SAIL) shares does Abby Payne hold after these transactions?

Following the reported sales, Abby Payne directly held 930,506 shares of SailPoint common stock. She is also trustee for several family trusts holding additional shares, for which she disclaims beneficial ownership except for her pecuniary interest.

What is the net share effect of Abby Payne’s recent SailPoint (SAIL) trades?

The transaction summary shows a net-sell direction of 41,460 shares. All reported transactions are sales of common stock linked to tax withholding on restricted stock unit vesting rather than open-market discretionary buying or selling.