4Filed Aug 11, 8:00 PM ET
Commvault (CVLT) President Haydon William Geoffrey Sells 316 Shares
$CVLT · COMMVAULT SYSTEMS INCResearch Summary
AI-generated summary of this SEC filing
Commvault (CVLT) President Haydon William Geoffrey Sells 316 Shares
What Happened
Haydon William Geoffrey, President of Customer & Field Operations at Commvault Systems (CVLT), sold 316 shares in an open-market/private sale on 2026-08-10 at $134.78 per share, generating proceeds of $42,590. The sale was executed solely to satisfy tax withholding obligations on the vesting of restricted and performance stock.
Key Details
- Transaction date and price: 2026-08-10, 316 shares at $134.78 each.
- Total proceeds: $42,590.
- Transaction type/code: Sale (S); footnote indicates tax-withholding sale (F).
- Shares owned after the transaction: Not specified in the filing.
- Filing date: 2026-08-12 — appears to be filed on time (within typical Form 4 reporting window).
- Footnote: Shares were automatically sold solely to satisfy tax withholding on vesting of restricted/performance stock; proceeds were submitted to the IRS.
Context
This sale was a routine tax-withholding disposition tied to vesting, which is common and does not necessarily signal insider sentiment about the company. For retail investors, purchases or voluntary sales unrelated to tax obligations tend to be more informative about insider conviction.