SailPoint President Matt Mills sells 80,665 shares
The reported sales were linked to mandatory tax withholding on restricted stock unit vesting and were stated not to be discretionary.
Sentiment and the balance of points
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Rhea-AI Filing Summary
SailPoint, Inc. President Matt Mills sold 80,665 shares on October 6 and 7, 2026. On October 6, he sold 33,842 shares at a weighted average of $20.2676 per share and 4,381 at $21.0303; on October 7, he sold 42,279 at $19.7098 and 163 at $20.4400. The sales were made under a Rule 10b5-1 trading plan and a mandatory sell-to-cover provision in his Restricted Stock Unit Agreement for tax withholding tied to restricted stock unit vesting; they were not discretionary.
Insights
Analyzing...
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F3, F5 | 42,279 | $19.7098 | $833K |
| Sale | Common Stock F1, F3, F6 | 163 | $20.44 | $3K |
| Sale | Common Stock F1, F2, F3 | 33,842 | $20.2676 | $686K |
| Sale | Common Stock F1, F3, F4 | 4,381 | $21.0303 | $92K |
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 33,842 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 4,381 shares in multiple trades at prices ranging from $20.865 to $21.22 per share.
- F5. On October 7, 2026, the Reporting Person sold 42,279 shares in multiple trades at prices ranging from $19.409 to $20.40 per share.
- F6. On October 7, 2026, the Reporting Person sold 163 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
tax withholding obligations financial
FAQ
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