Abrahamsen Danielle Nicole 4

What Happened

• Danielle Nicole Abrahamsen, Chief Accounting Officer of Commvault Systems, was granted 4,564 restricted stock units (RSUs) on Feb 17, 2026 (award value shown as $0 — RSUs are compensation, not an open-market purchase). On Feb 18, 2026 she disposed of 218 shares in an open-market sale at $90.28 per share for proceeds of $19,681. The sale was reported on Form 4 filed Feb 19, 2026.

Key Details

• Transactions: 4,564 RSUs granted (2/17/2026); 218 shares sold open market (2/18/2026) at $90.28, proceeds $19,681.
• Vesting: RSUs subject to a 3-year vesting schedule — 33% vest at 1 year, then 8.375% each successive three-month period thereafter (Footnote F1).
• Sale purpose: Footnote F3 states shares were automatically sold solely to satisfy tax withholding obligations on vesting; proceeds submitted to the IRS.
• Other note: Footnote F2 references shares purchased under the company ESPP on Feb 13, 2026 (included in holdings reported).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing timeliness: Form 4 filed on Feb 19, 2026 — reported within the typical 2-business-day window (appears timely).

Context

• The 4,564 RSUs are compensation and will vest over time (possible dilution as they vest); this is routine executive compensation rather than an open-market purchase signaling added bullish conviction.
• The 218-share sale appears to be a tax-withholding sale tied to equity vesting, common when RSUs or performance shares vest and taxes are withheld automatically.