SailPoint, Inc.: chief people officer Abby Payne sold 39,963 shares

What happened

• Abby Payne, chief people officer, sold 39,963 shares in open-market disposals on Oct 6 and Oct 7, 2026, for total proceeds of $799,940.
• The Form 4 lists four transactions: 16,766 shares at $20.27 for $339,807; 2,170 shares at $21.03 for $45,636; 20,946 shares at $19.71 for $412,841; and 81 shares at $20.44 for $1,656.

Key details

• Transaction dates and prices:
  • Oct 6, 2026: 16,766 shares sold (weighted avg $20.27); multiple trades at prices ranging $19.864 to $20.86.
  • Oct 6, 2026: 2,170 shares sold (weighted avg $21.03); multiple trades at prices ranging $20.865 to $21.22.
  • Oct 7, 2026: 20,946 shares sold (weighted avg $19.71); multiple trades at prices ranging $19.409 to $20.40.
  • Oct 7, 2026: 81 shares sold (weighted avg $20.44); multiple trades at prices ranging $20.44 to $20.445.
  • The filing notes the reported prices are weighted averages and offers to provide full trade-level details on request.
• Shares owned after the transactions: the filing does not state shares owned after the transactions.
• Footnotes: 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; the reporting person is trustee for several trusts and disclaims beneficial ownership of the shares held by the trusts except to the extent of her pecuniary interest.
• Form 4 filed on Oct 8, 2026.

Why it may matter

• These were sales, conducted under a Rule 10b5-1 plan and to satisfy tax-withholding obligations related to RSU vesting, per the filing.
• A filing does not show why the insider traded or why the company acted.