Form 4: Commvault Director Charles E. Moran Reports Acquisition and Disposal of Common Stock

Director Charles E. Moran reports changes in beneficial ownership of Commvault Systems Inc. common stock, including the acquisition of 1,530 shares and disposal of an unspecified amount.

Summary

• On August 8, 2024, Charles E. Moran, a director of Commvault Systems Inc., reported a transaction involving the company's common stock.
• Moran acquired 1,530 shares of common stock.
• Moran also disposed of an unspecified amount of common stock.
• Following the reported transactions, Moran beneficially owns 12,497 shares of Commvault common stock.
• The 1,530 shares were granted as restricted stock units, vesting on the later of August 8, 2025, or the date of the 2025 Annual Meeting of Shareholders.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is a common practice for publicly traded companies. It provides transparency into the actions of company leadership.

Stakeholder Impact

• The transaction may have a minor impact on shareholders as it reflects insider activity, but the overall impact is likely minimal.

Key Dates