Form 4: Commvault Director Nicola Adamo Sells 1,500 Shares
SEC Form 4 Filing
Director Nicola Adamo sold 1,500 shares of Commvault Systems Inc. on May 2, 2025, at a price of $169.74 per share.
Summary
- On May 2, 2025, Nicola Adamo, a director of Commvault Systems Inc., sold 1,500 shares of common stock.
- The transaction was executed at a price of $169.74 per share.
- Following the transaction, Adamo directly owns 16,178 shares of Commvault Systems Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing for an insider stock sale, which is neutral in sentiment.
Industry Context
This is a routine disclosure of an insider transaction. It's common for directors and officers to buy and sell shares of their company's stock. The market will look at the size and frequency of these transactions to determine if there is any significance.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by shareholders if they interpret it as a lack of confidence in the company's future prospects, although this single transaction is unlikely to have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 05/02/2025 | Date of transaction: Nicola Adamo sold 1,500 shares of Commvault Systems Inc. |
| 05/06/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Insider Trading, Stock Sale, Commvault Systems Inc., CVLT, Nicola Adamo, Director
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