Commvault (CVLT) President Haydon William Geoffrey Receives 64,543-Share Award

What Happened
Haydon William Geoffrey, President of Customer & Field Operations at Commvault Systems, was granted 64,543 shares as restricted stock units (RSUs) on 2026-04-13. The grant was recorded at $0.00 per share (an equity award rather than a cash purchase), so the reported cash consideration is $0. This is an executive equity award (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-13 (Filed on 2026-04-15) — filing appears timely under Form 4 rules.
• Transaction type/code: Grant/Award (A); price reported $0.00 per share.
• Shares granted: 64,543 RSUs. Reported cash consideration: $0.
• Shares owned after transaction: Not disclosed in the provided filing data.
• Vesting (per footnote): 3-year schedule — 33% vests on the first anniversary; then 8.375% vests at the end of each successive three-month period thereafter.
• No 10b5-1 plan, tax-withholding, or sale details were specified in the provided data.

Context
RSU grants are a common form of executive compensation and do not require the insider to spend cash; the shares only become actual company stock as they vest. Because this is a grant, it should be viewed as compensation rather than a direct endorsement to buy or sell stock. Retail investors often watch grants for dilution and alignment with shareholder interests, but grants alone do not indicate immediate insider buying or selling.