HAGAN JAMES MALCOLM 4
Research Summary
AI-generated summary
SailPoint (SAIL) Director James M. Hagan Receives 14,224-Share Award
What Happened
- James Malcolm Hagan, a director of SailPoint, was granted 14,224 shares on June 4, 2026. The transaction is reported as an award/acquisition (code A) at $0.00 per share (total cash paid $0), consistent with a stock award rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-04; reported on Form 4 filed 2026-06-05 (timely filing).
- Transaction type: Award/Grant (code A); price reported: $0.00 per share.
- Shares acquired: 14,224.
- Total cash paid as reported: $0.
- Shares owned after transaction: not specified in the Form 4 filing.
- No footnotes in the provided summary indicating a 10b5-1 plan, tax withholding, or cashless sale; filing does not disclose vesting terms.
Context
- An award/grant usually reflects compensation (restricted stock or similar) and is different from buying shares on the open market; such grants are often subject to vesting and transfer restrictions and do not necessarily signal immediate insider buying intent.
- Retail investors should view this as a compensation-related issuance to a director; for valuation, check SailPoint’s public share price on or after the grant date to estimate the grant’s market value.