A. Shane Sanders - 07 Aug 2025 Form 4 Insider Report for COMMVAULT SYSTEMS INC (CVLT)

Role
Director
Signature
/s/ Danielle Abrahamsen, Attorney-in-Fact
Issuer symbol
CVLT
Transactions as of
07 Aug 2025
Transactions value $
-$111,947
Form type
4
Filing time
11 Aug 2025, 16:17:23 UTC
Previous filing
28 Jul 2025
Next filing
03 Nov 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Sanders A Shane Director 1 COMMVAULT WAY, TINTON FALLS /s/ Danielle Abrahamsen, Attorney-in-Fact 11 Aug 2025 0001861920

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVLT Common Stock Award $0 +1.19K +17.4% $0.00 8.02K 07 Aug 2025 Direct F1
transaction CVLT Common Stock Sale -$112K -612 -7.63% $182.92 7.41K 11 Aug 2025 Direct F2
* 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 common stock is being granted as restricted stock units, 100% of which shall vest on the later of the one-year anniversary of the date of grant, or the date of the 2026 Annual Meeting of Shareholders.
F2 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 14, 2024.