Accepted (ET)
5:01 PM
Oct 8, 2026
Filed
Oct 8, 2026
Documents
1
Size
10.8 KB
Summary
SailPoint: CFO Brian Carolan sold 81,361 shares
What happened The filing says Brian Carolan, chief financial officer, sold 81,361 shares of SailPoint common stock in open-market transactions on Oct 6 and Oct 7, 2026 for a total of $1,622,171. The filing lists four trades: 25,268 shares at a weighted average price of $20.27 for $512,122; 3,271 shares at a weighted average price of $21.03 for $68,790; 52,619 shares at a weighted average price of $19.71 for $1,037,110; and 203 shares at a weighted average price of $20.44 for $4,149.
Key details
- Transaction dates and prices: Oct 6, 2026 — 25,268 shares at $20.27 (range $19.864–$20.86) for $512,122 and 3,271 shares at $21.03 (range $20.865–$21.22) for $68,790; Oct 7, 2026 — 52,619 shares at $19.71 (range $19.409–$20.40) for $1,037,110 and 203 shares at $20.44 (range $20.44–$20.445) for $4,149. Total: 81,361 shares for $1,622,171.
- Shares owned after the transaction: the filing does not state shares owned after the transaction.
- Footnotes: the filing says the trades were 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 (F1). The filing reports weighted average prices and offers to provide per-trade details on request (F3). Price ranges for the multiple trades are given in footnotes (F2–F6).
- Filing date and timeliness: Form 4 filed on Oct 8, 2026 covering transactions on Oct 6 and Oct 7, 2026; the filing does not indicate lateness.
Why it may matter
- The filing says these were sales under a Rule 10b5-1 plan and were tied to tax withholding on vested restricted stock units; the filing does not describe an option exercise or a gift.
- This is a report of sales by an executive; the filing does not indicate that the reporting person is a 10% owner.
- The filing does not show why the insider traded or why the company acted.