Form 4: Commvault Director Allison Pickens Sells 1,232 Shares

Commvault director Allison Pickens sold 1,232 shares of common stock at a price of $172.5 per share on November 29, 2024.

Summary

• Allison Pickens, a director at Commvault Systems Inc., sold 1,232 shares of common stock on November 29, 2024.
• The sale was executed at a price of $172.5 per share.
• Following the transaction, Ms. Pickens directly owns 5,899 shares of Commvault common stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock sale by a director, with no inherent positive or negative sentiment.

Industry Context

This is a routine Form 4 filing, which is common for corporate insiders who trade company stock. It provides transparency into the trading activities of company directors.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider trading.
• The sale by Allison Pickens is similar to other insider transactions reported by directors and officers of comparable companies.

Stakeholder Impact

• The stock sale by a director may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the company's operations or financial health.

Key Dates

Keywords

Commvault, insider trading, stock sale, director, Allison Pickens, CVLT