Allison Pickens - Sep 3, 2025 Form 4 Insider Report for COMMVAULT SYSTEMS INC (CVLT)

Role
Director
Signature
/s/ Danielle Abrahamsen, Attorney-in-Fact
Stock symbol
CVLT
Transactions as of
Sep 3, 2025
Transactions value $
-$122,744
Form type
4
Date filed
9/5/2025, 04:07 PM
Previous filing
Aug 11, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Pickens Allison Director 1 COMMVAULT WAY, TINTON FALLS /s/ Danielle Abrahamsen, Attorney-in-Fact 2025-09-05 0001816386

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVLT Common Stock Sale -$123K -690 -11.78% $177.89 5.17K Sep 3, 2025 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sale reported in this Form 4 was effected pursuant to an existing Rule 10b5-1 trading plan adopted by the reporting person on February 10, 2025. The reporting person is subject to a lock-up agreement that expires on November 1, 2025. The sale of shares is a permissible exemption under the terms of the lock-up agreement.