Form 4: Commvault Director Martha Helena Bejar Reports Changes in Beneficial Ownership

Director Martha Helena Bejar reports acquisition and disposal of Commvault Systems Inc. stock.

Summary

• On August 8, 2024, Martha Helena Bejar, a director of Commvault Systems Inc., reported changes in beneficial ownership of the company's stock.
• Bejar acquired 1,530 shares of common stock at $0.
• Following the transaction, Bejar directly owns 5,847 shares of Commvault Systems Inc.
• The common stock is being granted as restricted stock units, 100% of which shall vest on the later of the one-year anniversary of the date of grant, or the date of the 2025 Annual Meeting of Shareholders.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard SEC filing detailing stock transactions by a company director. The acquisition of shares could be seen as slightly positive, but it's not a major event.

Positives

• The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future prospects.

Future Outlook

The restricted stock units will vest on the later of the one-year anniversary of the grant date or the date of the 2025 Annual Meeting of Shareholders.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency to investors about the trading activities of company directors.

Stakeholder Impact

• Shareholders are informed about the stock transactions of a company director.

Key Dates