Form 4: Commvault CAO Danielle Abrahamsen Receives PSU Grant

Commvault Systems Chief Accounting Officer Danielle Abrahamsen was granted 1,258 performance stock units following the achievement of performance criteria.

Summary

• Danielle Abrahamsen, Chief Accounting Officer of Commvault Systems, Inc. (CVLT), was awarded 1,258 performance stock units (PSUs).
• The grant represents shares earned based on previously established performance criteria.
• The units remain subject to time-based vesting requirements.
• Vesting schedule: 33% on the first anniversary of the grant date (May 15, 2026), with the remainder vesting in 8.375% increments every three months thereafter.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing regarding executive compensation, having no material impact on the company's financial position.

Positives

• Alignment of executive compensation with company performance metrics.
• Retention of key financial leadership through long-term equity vesting.

Negatives

• None identified; this is a standard executive compensation disclosure.

Risks

• Vesting is contingent upon continued employment and time-based requirements.

Future Outlook

The reporting person will continue to vest these units over time, provided employment conditions are met.

Industry Context

StockSavvy.ai notes that equity-based compensation for C-suite executives is standard practice in the software and data management industry to ensure long-term alignment with shareholder interests.

Comparison to Industry Standards

• The use of PSUs is consistent with compensation structures at peer software companies like NetApp, Veeam, and Rubrik.
• The vesting schedule is standard for executive equity grants in the technology sector.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine equity grant.

Next Steps

• Vesting of 33% of the PSUs on May 15, 2026.

Key Dates

Keywords

Commvault, CVLT, Executive Compensation, Form 4, Insider Trading, Performance Stock Units