Payne Abby 4

What Happened
Abby Payne, Chief People Officer of SailPoint, was granted 293,159 shares on 2026-03-04. The Form 4 reports these as an award/acquisition (code A) at $0.00 per share, so the filing shows a reported acquisition value of $0. This is an equity award (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-03-04; filing date: 2026-03-06 (no late filing indicated).
• Transaction type/code: Grant / Award (A).
• Shares granted/acquired: 293,159; price reported: $0.00 per share; reported value: $0.
• Shares owned after transaction: Not specified on this Form 4.
• Footnote: Payne is trustee for three family trusts and may be deemed to beneficially own shares held by those trusts, but she disclaims beneficial ownership except to the extent of her pecuniary interest.

Context
Awards at $0.00 typically reflect company compensation grants (e.g., restricted stock or RSUs) and often carry vesting conditions; the Form 4 does not detail vesting or whether shares are immediately transferable. Such grants are routine for executives and do not, by themselves, indicate a buy or sell decision in the market.