Form 4 for CVLT COMMVAULT SYSTEMS INC
Accepted 2025-11-20 00:00:00 ET · period of report 2025-11-18 · accession 0001765820-25-000011 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2025-11-20 | 2025-11-18+ | CVLT | Mirchandani Sanjay | Pres, CEO, Dir | S - Sale | $122.47 | -27.8K | 366.0K | -7% | -$3.40M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-11-19 | S | D | 108 | $122.59 | 359,260 | D | — | — | (F3) The sale reported in this Form 4 was effected pursuant to an existing Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2024. |
| 2 | Common | Common Stock | 2025-11-19 | S | D | 6,604 | $121.81 | 359,368 | D | — | — | (F3) The sale reported in this Form 4 was effected pursuant to an existing Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2024. (F8) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $121.45 to $122.40, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer. |
| 3 | Common | Common Stock | 2025-11-18 | S | D | 6,820 | $123.58 | 380,202 | D | — | — | (F1) Represents shares automatically sold solely to satisfy tax withholding obligations of reporting person on vesting of restricted and performance stock. Proceeds from the sale were submitted to the Internal Revenue Service. (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $123.58 to $124.33, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer. |
| 4 | Common | Common Stock | 2025-11-18 | S | D | 5,794 | $123.37 | 374,408 | D | — | — | (F3) The sale reported in this Form 4 was effected pursuant to an existing Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2024. (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $122.89 to $123.86, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer. |
| 5 | Common | Common Stock | 2025-11-18 | S | D | 1,939 | $124.64 | 372,469 | D | — | — | (F3) The sale reported in this Form 4 was effected pursuant to an existing Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2024. (F5) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $124.07 to $124.99, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer. |
| 6 | Common | Common Stock | 2025-11-18 | S | D | 100 | $125.81 | 372,369 | D | — | — | (F3) The sale reported in this Form 4 was effected pursuant to an existing Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2024. |
| 7 | Common | Common Stock | 2025-11-19 | S | D | 2,845 | $119.75 | 369,524 | D | — | — | (F3) The sale reported in this Form 4 was effected pursuant to an existing Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2024. (F6) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $119.31 to $120.29, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer. |
| 8 | Common | Common Stock | 2025-11-19 | S | D | 3,552 | $120.99 | 365,972 | D | — | — | (F3) The sale reported in this Form 4 was effected pursuant to an existing Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2024. (F7) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $120.44 to $121.37, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer. |