Mills Matt 4

What Happened Matt Mills, President of SailPoint, received an award/grant of 684,039 shares that was recorded as an acquisition at $0.00 per share on March 4, 2026. The Form 4 reporting the transaction was filed with the SEC on March 6, 2026 (Accession No. 0001786883-26-000012). Because the shares were issued at $0.00, the filing shows no cash outlay for the acquisition.

Key Details

• Transaction date: 2026-03-04
• Transaction type/code: Award/Grant (A)
• Shares acquired: 684,039
• Price reported: $0.00 per share (total cash value shown = $0)
• Form 4 filed: 2026-03-06 (appears timely for a Form 4)
• Shares owned after the transaction: not specified in the provided summary
• Footnotes/plan details: the filing excerpt does not specify the award type (e.g., RSUs vs. restricted stock), vesting, tax withholding, or 10b5-1 plan

Context Grants or awards to executives are typically part of compensation packages and may be subject to vesting or other restrictions; they do not necessarily signal the insider is buying or selling stock for investment reasons. Because this transaction is an award recorded at $0.00, retail investors should not treat it the same as an outright purchase — check the full Form 4 or company disclosures for vesting, restrictions, or additional details if that matters to your analysis.