[144] Commault Systems, Inc. SEC Filing
Form 144 notice for Commvault Systems, Inc. (CVLT) reporting proposed sale of 2,594 common shares through Morgan Stanley Smith Barney on 08/18/2025 with an aggregate market value of $466,971.88. The filing lists acquisition entries showing the filer acquired 3,505 restricted shares and 2,243 performance shares on 08/15/2025 from the issuer, with payment noted as not applicable. The filing also discloses multiple open-market sales by Gary Merrill during May 2025 totaling 36,827 shares and gross proceeds of $6,539,565.26. The filer certifies no undisclosed material adverse information.
Avviso Form 144 per Commvault Systems, Inc. (CVLT) relativo alla proposta di vendita di 2.594 azioni ordinarie tramite Morgan Stanley Smith Barney il 18/08/2025, per un valore di mercato complessivo di $466.971,88. La comunicazione indica voci di acquisizione con l'acquirente che ha ottenuto 3.505 azioni ristrette e 2.243 azioni a prestazione il 15/08/2025 dall'emittente, con pagamento non applicabile. Il documento rende inoltre noto che Gary Merrill ha effettuato diverse vendite in mercato aperto nel maggio 2025 per un totale di 36.827 azioni e proventi lordi di $6.539.565,26. Il dichiarante certifica l'assenza di informazioni sfavorevoli materiali non divulgate.
Aviso Formulario 144 para Commvault Systems, Inc. (CVLT) que informa la propuesta de venta de 2.594 acciones ordinarias a trav茅s de Morgan Stanley Smith Barney el 18/08/2025, con un valor de mercado agregado de $466.971,88. La presentaci贸n indica entradas de adquisici贸n que muestran que el declarante adquiri贸 3.505 acciones restringidas y 2.243 acciones por desempe帽o el 15/08/2025 del emisor, con pago no aplicable. Tambi茅n se divulgan varias ventas en mercado abierto realizadas por Gary Merrill en mayo de 2025 por un total de 36.827 acciones y unos ingresos brutos de $6.539.565,26. El presentador certifica que no hay informaci贸n adversa material no divulgada.
Commvault Systems, Inc. (CVLT) 甏�霠� Form 144 韱奠 鈥� Morgan Stanley Smith Barney毳� 韱淀暣 2025-08-18鞐� 2,594 氤错喌欤� 毵る弰毳� 鞝滌晥頄堨溂氅� 齑� 鞁滉皜鞎§潃 $466,971.88鞛呺媹雼�. 鞝滌稖靹滌棎電� 鞁犼碃鞚胳澊 氚滍枆靷攵�韯� 2025-08-15鞐� 3,505臧滌潣 鞝滍暅欤检檧 2,243臧滌潣 靹标臣欤茧ゼ 旆摑頃� 瓴冹溂搿� 旮办灛霅橃柎 鞛堨溂氅�, 雽�旮� 歆�旮夓潃 頃措嫻 鞐嗢潓鞙茧 響滉赴霅橃柎 鞛堨姷雼堧嫟. 霕愴暅 Gary Merrill臧� 2025雲� 5鞗旍棎 鞛ル偞鞐愳劀 齑� 36,827欤茧ゼ 毵る弰頃橃棳 齑� 毵れ稖鞎� $6,539,565.26鞚� 鞓Π 靷嫟霃� 瓿奠嫓霅橃柎 鞛堨姷雼堧嫟. 鞁犼碃鞚胳潃 氙戈车臧� 欷戩殧 攵堧Μ鞝曤炒臧� 鞐嗢潓鞚� 歃濍獏頃╇媹雼�.
Avis Formulaire 144 pour Commvault Systems, Inc. (CVLT) signalant la proposition de vente de 2 594 actions ordinaires via Morgan Stanley Smith Barney le 18/08/2025, pour une valeur totale de march茅 de 466 971,88 $. Le d茅p么t indique des entr茅es d'acquisition montrant que le d茅clarant a acquis 3 505 actions restreintes et 2 243 actions 脿 performance le 15/08/2025 aupr猫s de l'茅metteur, le paiement 茅tant not茅 comme sans objet. Le document divulgue 茅galement plusieurs ventes sur le march茅 ouvert par Gary Merrill en mai 2025 pour un total de 36 827 actions et des produits bruts de 6 539 565,26 $. Le d茅clarant certifie l'absence d'informations d茅favorables mat茅rielles non divulgu茅es.
Form 144-Mitteilung f眉r Commvault Systems, Inc. (CVLT) 眉ber den vorgeschlagenen Verkauf von 2.594 Stammaktien 眉ber Morgan Stanley Smith Barney am 18.08.2025 mit einem aggregierten Marktwert von $466.971,88. Die Einreichung listet Erwerbseintr盲ge, wonach der Anzeigende am 15.08.2025 vom Emittenten 3.505 Restricted Shares und 2.243 Performance Shares erhalten hat; Zahlung: nicht zutreffend. Ferner werden mehrere Off-Market-Verk盲ufe von Gary Merrill im Mai 2025 mit insgesamt 36.827 Aktien und Bruttoerl枚sen von $6.539.565,26 offengelegt. Der Anzeigende best盲tigt, dass keine nicht offengelegten wesentlichen nachteiligen Informationen vorliegen.
- Filing compliance: The Form 144 provides required details (broker, share counts, market value, outstanding shares) demonstrating procedural compliance with Rule 144
- Transparency on recent sales: The filing discloses multiple May 2025 insider sales with specific dates, amounts, and gross proceeds
- New grants disclosed: Acquisition entries show issuance of 3,505 restricted and 2,243 performance shares from the issuer
- Substantial insider selling: Gary Merrill sold 36,827 shares in May 2025 producing aggregate gross proceeds of $6,539,565.26, which may affect investor sentiment
- Planned sale shortly after grants: The notice reports a proposed sale of 2,594 shares on 08/18/2025 following reported acquisitions dated 08/15/2025, which could raise questions about immediate post-grant disposition
- Concentration risk: Insider sales represent a non-trivial block relative to the outstanding share count of 44,513,830
Insights
TL;DR Significant insider selling in May and a new planned sale are disclosed; monitor for potential dilution or sentiment impact.
The filing documents a planned sale of 2,594 common shares via Morgan Stanley Smith Barney with an indicated aggregate market value of $466,971.88 and shows recent large open-market dispositions by an insider (36,827 shares sold in May 2025 for aggregate proceeds of $6,539,565.26). It also reports acquisitions of restricted and performance stock dated 08/15/2025 totaling 5,748 shares. For investors, the material facts are the quantum and timing of insider sales which may affect market perception; the filing is procedural compliance with Rule 144.
TL;DR Disclosure is complete for Rule 144 purposes; the size and frequency of insider sales are notable but not proof of undisclosed issues.
The notice appears to meet Rule 144 disclosure requirements: broker, share class, number of shares, market value, outstanding shares count (44,513,830), and recent sales history are provided. Material items: repeated May 2025 sales by Gary Merrill and new proposed sale in August 2025. The filing includes issuer-originated acquisitions (restricted/performance stock). There is no statement of material adverse information per the signer. This is a governance/compliance disclosure rather than a corporate-operational update.
Avviso Form 144 per Commvault Systems, Inc. (CVLT) relativo alla proposta di vendita di 2.594 azioni ordinarie tramite Morgan Stanley Smith Barney il 18/08/2025, per un valore di mercato complessivo di $466.971,88. La comunicazione indica voci di acquisizione con l'acquirente che ha ottenuto 3.505 azioni ristrette e 2.243 azioni a prestazione il 15/08/2025 dall'emittente, con pagamento non applicabile. Il documento rende inoltre noto che Gary Merrill ha effettuato diverse vendite in mercato aperto nel maggio 2025 per un totale di 36.827 azioni e proventi lordi di $6.539.565,26. Il dichiarante certifica l'assenza di informazioni sfavorevoli materiali non divulgate.
Aviso Formulario 144 para Commvault Systems, Inc. (CVLT) que informa la propuesta de venta de 2.594 acciones ordinarias a trav茅s de Morgan Stanley Smith Barney el 18/08/2025, con un valor de mercado agregado de $466.971,88. La presentaci贸n indica entradas de adquisici贸n que muestran que el declarante adquiri贸 3.505 acciones restringidas y 2.243 acciones por desempe帽o el 15/08/2025 del emisor, con pago no aplicable. Tambi茅n se divulgan varias ventas en mercado abierto realizadas por Gary Merrill en mayo de 2025 por un total de 36.827 acciones y unos ingresos brutos de $6.539.565,26. El presentador certifica que no hay informaci贸n adversa material no divulgada.
Commvault Systems, Inc. (CVLT) 甏�霠� Form 144 韱奠 鈥� Morgan Stanley Smith Barney毳� 韱淀暣 2025-08-18鞐� 2,594 氤错喌欤� 毵る弰毳� 鞝滌晥頄堨溂氅� 齑� 鞁滉皜鞎§潃 $466,971.88鞛呺媹雼�. 鞝滌稖靹滌棎電� 鞁犼碃鞚胳澊 氚滍枆靷攵�韯� 2025-08-15鞐� 3,505臧滌潣 鞝滍暅欤检檧 2,243臧滌潣 靹标臣欤茧ゼ 旆摑頃� 瓴冹溂搿� 旮办灛霅橃柎 鞛堨溂氅�, 雽�旮� 歆�旮夓潃 頃措嫻 鞐嗢潓鞙茧 響滉赴霅橃柎 鞛堨姷雼堧嫟. 霕愴暅 Gary Merrill臧� 2025雲� 5鞗旍棎 鞛ル偞鞐愳劀 齑� 36,827欤茧ゼ 毵る弰頃橃棳 齑� 毵れ稖鞎� $6,539,565.26鞚� 鞓Π 靷嫟霃� 瓿奠嫓霅橃柎 鞛堨姷雼堧嫟. 鞁犼碃鞚胳潃 氙戈车臧� 欷戩殧 攵堧Μ鞝曤炒臧� 鞐嗢潓鞚� 歃濍獏頃╇媹雼�.
Avis Formulaire 144 pour Commvault Systems, Inc. (CVLT) signalant la proposition de vente de 2 594 actions ordinaires via Morgan Stanley Smith Barney le 18/08/2025, pour une valeur totale de march茅 de 466 971,88 $. Le d茅p么t indique des entr茅es d'acquisition montrant que le d茅clarant a acquis 3 505 actions restreintes et 2 243 actions 脿 performance le 15/08/2025 aupr猫s de l'茅metteur, le paiement 茅tant not茅 comme sans objet. Le document divulgue 茅galement plusieurs ventes sur le march茅 ouvert par Gary Merrill en mai 2025 pour un total de 36 827 actions et des produits bruts de 6 539 565,26 $. Le d茅clarant certifie l'absence d'informations d茅favorables mat茅rielles non divulgu茅es.
Form 144-Mitteilung f眉r Commvault Systems, Inc. (CVLT) 眉ber den vorgeschlagenen Verkauf von 2.594 Stammaktien 眉ber Morgan Stanley Smith Barney am 18.08.2025 mit einem aggregierten Marktwert von $466.971,88. Die Einreichung listet Erwerbseintr盲ge, wonach der Anzeigende am 15.08.2025 vom Emittenten 3.505 Restricted Shares und 2.243 Performance Shares erhalten hat; Zahlung: nicht zutreffend. Ferner werden mehrere Off-Market-Verk盲ufe von Gary Merrill im Mai 2025 mit insgesamt 36.827 Aktien und Bruttoerl枚sen von $6.539.565,26 offengelegt. Der Anzeigende best盲tigt, dass keine nicht offengelegten wesentlichen nachteiligen Informationen vorliegen.
FAQ
What does the Form 144 for Commvault Systems (CVLT) disclose?
Who conducted the brokered sale listed on the Form 144?
How many shares does Commvault report outstanding in this filing?
How much did Gary Merrill sell in May 2025 according to the filing?
Does the filing indicate any undisclosed material adverse information?
