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SailPoint, Inc.·4

Apr 9, 8:00 PM ET

CAROLAN BRIAN 4

Research Summary

AI-generated summary

Updated

SailPoint (SAIL) CFO Brian Carolan Sells Shares

What Happened

  • Brian Carolan, Chief Financial Officer of SailPoint (SAIL), reported open-market sales of a total of 84,416 shares between April 7–9, 2026, generating aggregate proceeds of $1,015,499. Breakdown by reported trade lines:
    • 04/07/2026: 18,495 shares at a weighted avg $12.72 — $235,292
    • 04/08/2026: 18,477 shares at a weighted avg $12.80 — $236,517
    • 04/09/2026: 45,226 shares at a weighted avg $11.42 — $516,608
    • 04/09/2026: 2,218 shares at a weighted avg $12.21 — $27,082
  • These are sales (not purchases) and thus are not a direct bullish signal; see footnotes below for context that these were executed under a pre-existing plan and for tax withholding.

Key Details

  • Transaction dates & price ranges:
    • 04/07/2026: 18,495 shares sold in multiple trades at $12.46–$13.095 (weighted avg $12.72).
    • 04/08/2026: 18,477 shares sold in multiple trades at $12.40–$13.21 (weighted avg $12.80).
    • 04/09/2026: 45,226 shares sold in multiple trades at $11.135–$12.01 (weighted avg $11.42).
    • 04/09/2026: 2,218 shares at weighted avg $12.21.
  • Shares owned after the transactions: not provided in the excerpt supplied (see the Form 4 for post-transaction holdings).
  • Notable footnotes: trades were executed under a Rule 10b5-1 trading plan and included a mandatory sell-to-cover to satisfy tax withholding on vesting restricted stock units (i.e., not discretionary sales). The filing also notes weighted-average pricing and offers to provide full per-trade price/quantity details on request.
  • Filing timeliness: Form 4 was filed April 9, 2026 for trades through April 9, 2026, which is within the typical reporting window.

Context

  • Sales executed under a 10b5-1 plan and for tax withholding are common and do not necessarily indicate the insider’s view on company prospects. For retail investors, purchases by insiders are generally considered more informative than routine or planned sales. For full details (including pre- and post-transaction holdings), consult the complete Form 4 filing (Accession No. 0001279714-26-000018).