Commvault (CVLT) Director Keith Geeslin Receives 1,761 RSU Award

What Happened Keith Geeslin, a director of Commvault Systems, was granted 1,761 shares reported as restricted stock units (RSUs) on August 6, 2026. The grant is recorded at $0.00 (standard for awards where no cash was paid); the filing shows acquisition code "A" for an award/grant.

Key Details

• Transaction date: 2026-08-06; Form 4 filed: 2026-08-10.
• Grant: 1,761 RSUs; reported price per share: $0.00; total reported value: $0.
• Vesting: 100% vests on the later of the one-year anniversary of the grant or the date of the 2027 Annual Meeting of Stockholders (per footnote F1).
• Shares owned after the transaction: not specified in the provided filing.
• No sale, exercise, or tax-withholding reported in this filing.

Context RSU grants are a form of compensation and do not require the insider to pay cash at grant; economic value is realized only when RSUs vest and convert to shares (subject to any plan rules). Grants are common for directors and executives and are not, by themselves, a clear bullish or bearish signal about near-term insider sentiment.