SailPoint (NYSE: SAIL) CPO Abby Payne reports tax sell-to-cover trades
Rhea-AI Filing Summary
SailPoint, Inc. Chief People Officer Abby Payne reported automatic sales of common stock linked to restricted stock unit vesting. On January 6, 2026 she sold 10,965 shares at a weighted average price of $19.2309 per share. On January 7, 2026 she sold 9,329 shares at a weighted average price of $19.9028 per share, and on January 8, 2026 she sold 3,582 shares at a weighted average price of $19.5711 per share.
The filing states these trades were executed under a Rule 10b5-1 trading plan and a mandatory sell-to-cover provision to satisfy tax withholding obligations, so they are not discretionary trades. Following the reported transactions, she directly beneficially owned 678,807 shares of common stock. She is also a trustee for three trusts that hold 10,782, 277,356, and 34,670 shares, for which she may be deemed a beneficial owner but disclaims beneficial ownership except to the extent of her pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,582 | $19.5711 | $70K |
| Sale | Common Stock | 9,329 | $19.9028 | $186K |
| Sale | Common Stock | 10,965 | $19.2309 | $211K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (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 January 6, 2026, the Reporting Person sold 10,965 shares in multiple trades at prices ranging from $18.93 to $19.63 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 January 7, 2026, the Reporting Person sold 9,329 shares in multiple trades at prices ranging from $19.455 to $20.23 per share. On January 8, 2026, the Reporting Person sold 3,582 shares in multiple trades at prices ranging from $19.415 to $20.08 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.
