SailPoint (SAIL) CAO Mitra Rezvan sells 1,214 shares in pre-set 10b5-1 trade
Rhea-AI Filing Summary
SailPoint, Inc. Chief Accounting Officer Mitra Rezvan reported a sale of 1,214 shares of common stock on 2026-08-13 at $20.00 per share in an open market or private transaction. The transaction was executed under a Rule 10b5-1 trading plan, and Rezvan now holds 181,427 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,214 shares
Net Sell
1 txn
Insider
REZVAN MITRA
Role
Chief Accounting Officer
Sold
1,214 shs ($24K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 1,214 | $20.00 | $24K |
Holdings After Transaction:
Common Stock — 181,427 shares (Direct)
Footnotes (1)
- F1. This trade was executed pursuant to a Rule 10b5-1 trading plan and consequently does not represent a discretionary trade by the Reporting Person.
Key Figures
Shares sold: 1,214 shares
Sale price: $20.00 per share
Approximate transaction value: $24,280
+1 more
4 metrics
Shares sold
1,214 shares
Common stock sale on 2026-08-13 by Chief Accounting Officer
Sale price
$20.00 per share
Reported price for the 1,214-share common stock sale
Approximate transaction value
$24,280
1,214 shares sold at $20.00 per share
Shares held after transaction
181,427 shares
Direct ownership of common stock following the sale
Key Terms
Rule 10b5-1 trading plan, Chief Accounting Officer, open market or private transaction
3 terms
Rule 10b5-1 trading plan regulatory
"This trade was executed pursuant to a Rule 10b5-1 trading plan"
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.
Chief Accounting Officer financial
"Mitra Rezvan is identified as Chief Accounting Officer"
A chief accounting officer is a senior executive responsible for overseeing a company's financial records and ensuring all accounting practices are accurate and compliant with regulations. They play a key role in preparing financial reports that help investors understand the company's financial health, much like a trusted navigator guiding a ship through complex waters. Their work ensures transparency and trust in the company's financial information.
open market or private transaction financial
"Sale in open market or private transaction"
FAQ
What insider transaction did SailPoint, Inc. (SAIL) disclose for Mitra Rezvan?
SailPoint, Inc. reported that Chief Accounting Officer Mitra Rezvan sold 1,214 shares of common stock on 2026-08-13 at $20.00 per share, in an open market or private transaction under a Rule 10b5-1 trading plan.
Was the SailPoint (SAIL) insider trade by Mitra Rezvan under a Rule 10b5-1 plan?
Yes. The filing states the trade was executed under a Rule 10b5-1 trading plan, indicating it was pre-arranged and “does not represent a discretionary trade” by Chief Accounting Officer Mitra Rezvan, according to the footnote disclosure.
What role does Mitra Rezvan hold at SailPoint (SAIL) in this Form 4?
In the Form 4, Mitra Rezvan is identified as SailPoint’s Chief Accounting Officer. She is not listed as a director or 10% owner, and the reported transaction reflects her direct ownership of common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.