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[144] Commault Systems, Inc. SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144
Rhea-AI Filing Summary

Form 144 notice for Commvault Systems, Inc. (CVLT). The filing shows a proposed sale of 4,621 common shares through Morgan Stanley Smith Barney on NASDAQ with an aggregate market value of $820,389.70 and an approximate sale date of 08/18/2025. The filer acquired 2,505 performance shares on 08/16/2024 and 2,116 on 08/15/2024. The document also lists multiple insider sales by Sanjay Mirchandani in May 2025 totaling 57,392 shares across several transactions with gross proceeds shown for each sale.

Avviso Form 144 per Commvault Systems, Inc. (CVLT). La segnalazione indica una proposta di vendita di 4.621 azioni ordinarie tramite Morgan Stanley Smith Barney sul NASDAQ, per un valore complessivo di mercato di circa $820.389,70 e una data di vendita approssimativa del 18/08/2025. Il dichiarante ha acquisito 2.505 azioni legate alla performance il 16/08/2024 e 2.116 il 15/08/2024. Il documento elenca inoltre diverse vendite di insider eseguite da Sanjay Mirchandani a maggio 2025, per un totale di 57.392 azioni distribuite su più transazioni, con i proventi lordi indicati per ogni vendita.

Aviso Form 144 para Commvault Systems, Inc. (CVLT). La presentación muestra una propuesta de venta de 4.621 acciones ordinarias a través de Morgan Stanley Smith Barney en NASDAQ, con un valor de mercado agregado de $820.389,70 y una fecha aproximada de venta del 18/08/2025. El declarante adquirió 2.505 acciones por desempeño el 16/08/2024 y 2.116 el 15/08/2024. El documento también enumera varias ventas de insiders realizadas por Sanjay Mirchandani en mayo de 2025, que suman 57.392 acciones en varias transacciones, con los ingresos brutos indicados para cada venta.

Commvault Systems, Inc. (CVLT) 관� Form 144 공시. 제출서류에는 NASDAQ에서 Morgan Stanley Smith Barney� 통해 4,621 보통주를 매도� 예정이며, � 시장가치는 $820,389.70, 예정 매도일은 대� 2025-08-18� 표시되어 있습니다. 신고인은 2024-08-162,505 성과주를, 2024-08-152,116 성과주를 취득했습니다. 문서에는 또한 Sanjay Mirchandani가 2025� 5월에 여러 건의 거래� � 57,392주를 매도� 내역� 나열되어 있으�, � 매도� 총수익이 기재되어 있습니다.

Avis Form 144 pour Commvault Systems, Inc. (CVLT). Le dépôt indique une proposition de vente de 4�621 actions ordinaires via Morgan Stanley Smith Barney sur le NASDAQ, pour une valeur marchande globale de 820�389,70 $ et une date de vente approximative au 18/08/2025. Le déclarant a acquis 2�505 actions liées à la performance le 16/08/2024 et 2�116 le 15/08/2024. Le document répertorie également plusieurs ventes d'initiés par Sanjay Mirchandani en mai 2025, totalisant 57�392 actions réparties sur plusieurs transactions, avec les produits bruts indiqués pour chaque vente.

Form 144-Mitteilung für Commvault Systems, Inc. (CVLT). Die Einreichung zeigt einen vorgeschlagenen Verkauf von 4.621 Stammaktien über Morgan Stanley Smith Barney an der NASDAQ mit einem Gesamtmarktwert von $820.389,70 und einem voraussichtlichen Verkaufsdatum am 18.08.2025. Der Meldende erwarb am 16.08.2024 2.505 Performance-Aktien und am 15.08.2024 2.116. Das Dokument listet außerdem mehrere Insider-Verkäufe von Sanjay Mirchandani im Mai 2025 auf, die sich in mehreren Transaktionen auf insgesamt 57.392 Aktien summieren, wobei für jeden Verkauf die Bruttoerlöse angegeben sind.

Positive
  • Transparent disclosure of the broker, share count, market value, and planned sale date for the proposed transaction
  • Performance share grants of 2,505 and 2,116 common shares on 08/16/2024 and 08/15/2024 are explicitly documented
Negative
  • Substantial insider selling by Sanjay Mirchandani in May 2025 totaling 57,392 shares across multiple transactions with significant gross proceeds
  • Proposed sale of 4,621 shares (aggregate value $820,389.70) could be viewed as insider monetization of recently granted performance shares

Insights

TL;DR: Insider has recently sold substantial CVLT shares; notice discloses a future planned sale and recent issuance of performance shares.

The filing documents a planned sale of 4,621 common shares valued at $820,389.70 to be executed via Morgan Stanley Smith Barney on NASDAQ. It also records that the filer received 4,621 performance shares across two grant dates in August 2024, matching the quantity proposed for sale. Separately, Sanjay Mirchandani executed multiple significant open-market sales in May 2025 totaling 57,392 shares with itemized gross proceeds. From a compliance perspective, the filing provides required transparency about timing, broker, and consideration for the transactions.

TL;DR: Disclosure is routine but notable for size of recent insider sales; filings match compensatory grants to be monetized.

The Form 144 lists acquisition of performance shares in August 2024 and a proposed sale of the identical share count, which indicates disposition of recently granted awards. The detailed May 2025 sale entries for Sanjay Mirchandani show multiple transactions and explicit gross proceeds, satisfying disclosure norms. No statements in this filing indicate undisclosed material information about the issuer's operations.

Avviso Form 144 per Commvault Systems, Inc. (CVLT). La segnalazione indica una proposta di vendita di 4.621 azioni ordinarie tramite Morgan Stanley Smith Barney sul NASDAQ, per un valore complessivo di mercato di circa $820.389,70 e una data di vendita approssimativa del 18/08/2025. Il dichiarante ha acquisito 2.505 azioni legate alla performance il 16/08/2024 e 2.116 il 15/08/2024. Il documento elenca inoltre diverse vendite di insider eseguite da Sanjay Mirchandani a maggio 2025, per un totale di 57.392 azioni distribuite su più transazioni, con i proventi lordi indicati per ogni vendita.

Aviso Form 144 para Commvault Systems, Inc. (CVLT). La presentación muestra una propuesta de venta de 4.621 acciones ordinarias a través de Morgan Stanley Smith Barney en NASDAQ, con un valor de mercado agregado de $820.389,70 y una fecha aproximada de venta del 18/08/2025. El declarante adquirió 2.505 acciones por desempeño el 16/08/2024 y 2.116 el 15/08/2024. El documento también enumera varias ventas de insiders realizadas por Sanjay Mirchandani en mayo de 2025, que suman 57.392 acciones en varias transacciones, con los ingresos brutos indicados para cada venta.

Commvault Systems, Inc. (CVLT) 관� Form 144 공시. 제출서류에는 NASDAQ에서 Morgan Stanley Smith Barney� 통해 4,621 보통주를 매도� 예정이며, � 시장가치는 $820,389.70, 예정 매도일은 대� 2025-08-18� 표시되어 있습니다. 신고인은 2024-08-162,505 성과주를, 2024-08-152,116 성과주를 취득했습니다. 문서에는 또한 Sanjay Mirchandani가 2025� 5월에 여러 건의 거래� � 57,392주를 매도� 내역� 나열되어 있으�, � 매도� 총수익이 기재되어 있습니다.

Avis Form 144 pour Commvault Systems, Inc. (CVLT). Le dépôt indique une proposition de vente de 4�621 actions ordinaires via Morgan Stanley Smith Barney sur le NASDAQ, pour une valeur marchande globale de 820�389,70 $ et une date de vente approximative au 18/08/2025. Le déclarant a acquis 2�505 actions liées à la performance le 16/08/2024 et 2�116 le 15/08/2024. Le document répertorie également plusieurs ventes d'initiés par Sanjay Mirchandani en mai 2025, totalisant 57�392 actions réparties sur plusieurs transactions, avec les produits bruts indiqués pour chaque vente.

Form 144-Mitteilung für Commvault Systems, Inc. (CVLT). Die Einreichung zeigt einen vorgeschlagenen Verkauf von 4.621 Stammaktien über Morgan Stanley Smith Barney an der NASDAQ mit einem Gesamtmarktwert von $820.389,70 und einem voraussichtlichen Verkaufsdatum am 18.08.2025. Der Meldende erwarb am 16.08.2024 2.505 Performance-Aktien und am 15.08.2024 2.116. Das Dokument listet außerdem mehrere Insider-Verkäufe von Sanjay Mirchandani im Mai 2025 auf, die sich in mehreren Transaktionen auf insgesamt 57.392 Aktien summieren, wobei für jeden Verkauf die Bruttoerlöse angegeben sind.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does the Form 144 filed for CVLT disclose?

It discloses a proposed sale of 4,621 common shares via Morgan Stanley Smith Barney on NASDAQ with an aggregate market value of $820,389.70 and lists recent acquisitions and sales by insiders.

Who executed recent insider sales disclosed in this filing?

SanJay Mirchandani executed multiple open-market sales in May 2025 totaling 57,392 shares with itemized gross proceeds for each transaction.

When were the performance shares that are being sold acquired?

The filer received 2,505 performance shares on 08/16/2024 and 2,116 performance shares on 08/15/2024, as shown in the filing.

Through which broker will the planned sale be executed?

The planned sale is to be executed through Morgan Stanley Smith Barney LLC, 1 New York Plaza, 8th Floor, New York, NY 10004.

What is the approximate date of the planned sale?

The filing lists an approximate sale date of 08/18/2025 for the 4,621 shares.
Commvault Sys Inc

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8.00B
44.01M
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Software - Application
Services-prepackaged Software
United States
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