Merrill Gary sold CVLT
September 12, 2025 · Form 4 insider transaction
Merrill Gary sold 2,814 shares of Commvault Systems, Inc. at $176.16 per share, a transaction worth $495.7K. The trade was recorded as open-market sale under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 4 days after the transaction.
Footnotes
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 20, 2024, as amended on June 13, 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.; The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $175.66 and $176.63, 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.