Form 4: Commvault Director Keith Geeslin Reports Gift of 27,755 Shares
SEC Form 4 Filing
Director Keith Geeslin reported a gift of 27,755 Commvault Systems Inc. shares on October 31, 2024.
Summary
- On October 31, 2024, Keith Geeslin, a director of Commvault Systems Inc., reported a transaction.
- The transaction involved a gift/charitable donation of 27,755 shares of Commvault common stock.
- Following the transaction, Geeslin beneficially owns 32,991 shares of Commvault common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding a gift of shares, which is neutral in sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The gift of shares by a director could be perceived positively by stakeholders as a sign of commitment to charitable causes.
Key Dates
| Date | Description |
|---|---|
| 10/31/2024 | Date of gift/charitable donation transaction |
| 11/04/2024 | Date of signature on the Form 4 filing |
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