CAROLAN BRIAN 4

What Happened
Brian Carolan, Chief Financial Officer of SailPoint (SAIL), sold a total of 78,470 shares in open-market transactions on July 7–8, 2026, generating approximately $1,237,981 in proceeds. The sales were reported in three blocks: 21,115 shares at a weighted avg $16.05 ($338,927), 11,353 shares at a weighted avg $16.73 ($189,924), and 46,002 shares at a weighted avg $15.42 ($709,130). These were sales (not purchases).

Key Details

• Transaction dates: July 7, 2026 (two blocks) and July 8, 2026 (one block).
• Reported weighted-average prices and proceeds:
  • 21,115 shares @ $16.05 = $338,927
  • 11,353 shares @ $16.73 = $189,924
  • 46,002 shares @ $15.42 = $709,130
  • Total: 78,470 shares for $1,237,981
• Price ranges in the filing: July 7 (first block) $15.55–$16.545; July 7 (second block) $16.55–$16.95; July 8 $15.115–$16.015. The filing notes the reported prices are weighted averages and full per-trade detail is available on request.
• Purpose/footnotes: Trades executed under a Rule 10b5‑1 trading plan and pursuant to a mandatory sell‑to‑cover provision to satisfy tax withholding on vested restricted stock units (RSUs). The filing states these were non‑discretionary transactions related to RSU vesting.
• Shares owned after the transactions: not specified in the provided summary (see the Form 4 for post-transaction holdings).
• Filing date: Form 4 filed July 9, 2026 — appears timely relative to the reported trade dates.

Context
Sales made under a 10b5‑1 plan and to cover taxes on RSU vesting are typically routine administrative transactions rather than discretionary trades expressing a view on the stock. Because these are sales (not purchases), they are generally less informative about insider sentiment than purchases would be.