SailPoint, Inc. (SAIL) CFO tax sales under 10b5-1 plan trades reported
Rhea-AI Filing Summary
SailPoint, Inc.’s Chief Financial Officer Brian Carolan reported automatic stock sales tied to tax withholding on recently vested restricted stock units. On January 6, 2026, he sold 15,234 shares of common stock at a weighted average price of $19.2309 per share. On January 7, 2026, he sold 12,961 shares at a weighted average price of $19.9028 per share, and on January 8, 2026, he sold 30,638 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 in his restricted stock unit agreement to satisfy tax withholding obligations, so they are not discretionary trades. After these transactions, he directly beneficially owned 1,277,795 shares of SailPoint common stock.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did SailPoint (SAIL) report in this Form 4?
The filing reports that Chief Financial Officer Brian Carolan sold shares of SailPoint, Inc. common stock on three dates in January 2026, in connection with restricted stock units.
How many SailPoint shares did the CFO sell and on which dates?
Brian Carolan sold 15,234 shares on January 6, 2026, 12,961 shares on January 7, 2026, and 30,638 shares on January 8, 2026, all reported as sales of common stock.
At what prices were the SailPoint CFO’s shares sold?
The reported weighted average sale prices were $19.2309 per share on January 6, $19.9028 per share on January 7, and $19.5711 per share on January 8, 2026.
Were the SailPoint CFO’s stock sales discretionary trades?
No. The filing explains that these trades were made under a Rule 10b5-1 trading plan and a mandatory sell-to-cover provision to satisfy tax withholding obligations on vested restricted stock units, and therefore do not represent discretionary trades by the reporting person.
How many SailPoint shares does the CFO hold after these transactions?
After the reported transactions, Brian Carolan beneficially owned 1,277,795 shares of SailPoint common stock held directly.
Does the Form 4 show any indirect ownership or derivative securities for the SailPoint CFO?
The reported transactions all relate to common stock held directly, and the section for derivative securities shows no entries in this filing excerpt.