COMMVAULT SYSTEMS INC·4

Jul 7, 4:03 PM ET

Abrahamsen Danielle Nicole 4

Research Summary

AI-generated summary

Updated

Commvault (CVLT) CAO Danielle Abrahamsen Sells 254 Shares

What Happened

  • Danielle Nicole Abrahamsen, Chief Accounting Officer of Commvault Systems, reported a sale of 254 shares on July 2, 2026. The shares were sold at $150.00 each for a total value of $38,100. This was a sale (S) reported as an open-market or private sale and was executed under a pre-established Rule 10b5-1 trading plan.

Key Details

  • Transaction date and price: July 2, 2026 — 254 shares at $150.00 per share (total $38,100).
  • Transaction type: Sale (code S) — reported as open-market or private sale.
  • Footnote: The sale was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 17, 2026.
  • Shares owned after transaction: Not specified in this Form 4 (check the SEC filing for holdings details).
  • Filing date: Form 4 filed July 7, 2026. Form 4s are generally required within two business days; consult the SEC record for timeliness details.

Context

  • A 10b5-1 plan allows insiders to sell shares according to a pre-set schedule or formula and is commonly used to avoid trading based on nonpublic information; its presence typically indicates the trade was planned in advance rather than a spontaneous decision.
  • This sale is modest in size (about $38k) and should be viewed as routine insider selling unless combined with other significant insider activity.