Form 4: Commvault Director Nicola Adamo Receives RSU Grant
Insider Equity Grant
Commvault Systems Inc. Director Nicola Adamo was granted 1,189 restricted stock units, vesting on the later of August 7, 2026, or the 2026 Annual Meeting.
Summary
- Nicola Adamo, a Director of Commvault Systems Inc. (CVLT), acquired 1,189 shares of common stock.
- The acquisition occurred on August 7, 2025, and represents a grant of restricted stock units (RSUs).
- The RSUs were granted at a price of $0 per share.
- These RSUs will vest 100% on the later of August 7, 2026 (one-year anniversary of the grant date) or the date of the 2026 Annual Meeting of Shareholders.
- Following this transaction, Nicola Adamo directly beneficially owns a total of 17,367 shares of Commvault common stock.
Sentiment
Score: 7
Explanation: The grant of restricted stock units to a director is a positive sign of aligning interests and is a standard component of executive and director compensation, indicating continued commitment.
Positives
- Director Nicola Adamo's acquisition of 1,189 restricted stock units aligns management and director interests with shareholder value, incentivizing long-term performance.
Future Outlook
The 1,189 restricted stock units granted to Director Nicola Adamo are scheduled to vest 100% on the later of August 7, 2026, or the date of the 2026 Annual Meeting of Shareholders.
Industry Context
This Form 4 filing reflects a standard practice of granting equity compensation to directors, aligning their long-term interests with the company's performance and shareholder value, common across publicly traded companies.
Comparison to Industry Standards
- Equity grants to directors, such as restricted stock units, are a common compensation practice in the technology sector, similar to those observed at companies like Pure Storage (PSTG) or Veeam Software, aiming to incentivize long-term commitment and performance.
- The vesting schedule, tied to a one-year anniversary or annual meeting, is also a standard approach for director equity awards.
Related Party Transactions
- Grant of 1,189 restricted stock units to Nicola Adamo, a Director of Commvault Systems Inc., as part of their compensation package.
Stakeholder Impact
- Shareholders: Director's equity ownership aligns their interests with shareholder value, potentially fostering long-term growth.
Next Steps
- Vesting of 1,189 restricted stock units on the later of August 7, 2026, or the 2026 Annual Meeting of Shareholders.
Key Dates
| Date | Description |
|---|---|
| 08/07/2025 | Date of grant for 1,189 restricted stock units to Director Nicola Adamo. |
| 08/11/2025 | Date the Form 4 was signed by the Attorney-in-Fact. |
| 08/07/2026 | One-year anniversary of the grant date, a potential vesting date for the restricted stock units. |
| 2026 Annual Meeting of Shareholders | Potential vesting date for the restricted stock units, if later than the one-year anniversary of the grant. |
Recommendation
holdThis Form 4 reports a standard equity grant to a director, which aligns their interests with shareholders but does not provide new material information to warrant a change in investment recommendation. It's a routine compensation event.
Keywords
Commvault, CVLT, Director, RSU, Restricted Stock Units, Insider Transaction, Equity Grant, Corporate Governance
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