Gnanasambandam Chandrasekar 4

What Happened
Gnanasambandam Chandrasekar, EVP Product & CTO of SailPoint, received a grant of 488,599 shares on March 4, 2026. The Form 4 reports an acquisition price of $0.00, indicating these are awards/grants (likely RSUs or restricted stock) rather than a market purchase. This transaction is a compensation award — not a sale or open-market purchase.

Key Details

• Transaction date: 2026-03-04; Transaction type/code: A (award/grant)
• Shares granted: 488,599; Reported acquisition price: $0.00
• Shares owned after the transaction: Not disclosed in the provided filing
• Footnotes/plan details: None provided on the Form 4 (no 10b5-1, tax-withholding, or vesting schedule listed)
• Filing date: 2026-03-06 — appears timely (Form 4 filed within the standard two business days)

Context
Grants like this are commonly part of executive compensation and often vest over time; the Form 4 here does not specify vesting or whether the award is time-based or performance-based. Because the reported acquisition price is $0.00, the immediate dollar value to the insider depends on SailPoint’s market price and any future vesting or restrictions — awards are informative about compensation but do not necessarily signal immediate buying or selling intent.