Abrahamsen Danielle Nicole 4
4 · COMMVAULT SYSTEMS INC · Filed Jun 29, 2026
Research Summary
AI-generated summary of this filing
Commvault (CVLT) Chief Accounting Officer Danielle Abrahamsen Receives Award
What Happened
- Danielle Nicole Abrahamsen, Chief Accounting Officer of Commvault Systems, received an award of 244 performance stock units (PSUs) reported on 2026-06-25. The filing shows 244 shares acquired at $0.00, so the reported transaction value is $0.
- These are PSUs (performance-based restricted stock units), not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-06-25, 244 units at $0.00.
- Shares owned after transaction: Not specified in the filing.
- Footnote: The award was granted on May 15, 2026; the 244 PSUs reflect the number earned based on performance criteria but remain subject to additional time-based vesting. The PSUs will vest on August 15, 2026. Each PSU represents the right to receive one share of common stock.
- Filing timeliness: Report filed on 2026-06-29, which meets the SEC two-business-day Form 4 filing requirement for a 6/25/2026 transaction.
Context
- PSUs are compensation awards tied to performance and time-based vesting; they do not involve an immediate cash purchase by the insider and typically convert to shares only upon vesting. This award indicates compensation recognition rather than a market-directed buy or sell.
Insider Transaction Report
Form 4
Abrahamsen Danielle Nicole
Chief Accounting Officer
Transactions
- Award
Common Stock
[F1]2026-06-25+244→ 13,410 total
Footnotes (1)
- [F1]Granted on May 15, 2026, represents the number of shares determined to have been earned based upon the performance criteria and that remain subject to additional time-based vesting criteria. These performance stock units ("PSUs") will vest on August 15, 2026. Each PSU represents the right to receive one share of common stock.
Signature
/s/ Danielle Abrahamsen|2026-06-29