Form 4: Commvault Director Allison Pickens Sells Shares
SEC Form 4 Filing
Director Allison Pickens sold 373 shares of Commvault Systems Inc. on May 30, 2024, at a price of $110.79 per share.
Summary
- On May 30, 2024, Allison Pickens, a director of Commvault Systems Inc., sold 373 shares of common stock.
- The sale price was $110.79 per share.
- Following the transaction, Pickens directly owns 6,833 shares of Commvault Systems Inc.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by a company director. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a routine disclosure of a transaction by a company insider. Such filings are common and provide transparency into the trading activities of company executives and directors.
Stakeholder Impact
- The sale of shares by a director could be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the transaction.
Key Dates
| Date | Description |
|---|---|
| 05/30/2024 | Date of transaction: Allison Pickens sold shares of Commvault Systems Inc. |
| 06/03/2024 | Date of signature by Danielle Abrahamsen, Attorney-in-Fact. |
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