REZVAN MITRA 4

What Happened
Rezvan Mitra, Chief Accounting Officer of SailPoint, received an equity award of 84,690 shares on March 4, 2026. The Form 4 reports the acquisition as an award/grant (transaction code A) at a reported price of $0.00, so no cash was paid in this reported transaction and the reported value is $0.

Key Details

• Transaction date: 2026-03-04; Form 4 filed: 2026-03-06 (filed within the usual 2-business-day window).
• Transaction type/code: Award/Grant (A).
• Shares granted: 84,690; reported acquisition price: $0.00; reported cash value in filing: $0.
• Shares owned after transaction: Not specified in the provided filing details.
• No footnotes or indications in the supplied summary of a 10b5-1 plan, tax withholding, or immediate sale.

Context
An "A" award on a Form 4 typically reflects a compensation grant (e.g., restricted stock or RSUs) rather than an open-market purchase or sale. Such grants usually vest over time or are subject to performance conditions, so they don't necessarily indicate an immediate buying signal. Because no cash changed hands in the filing, this appears to be a standard equity-compensation event for an executive.