Form 4: Commvault Director Vivie Lee Sells 2,500 Shares
SEC Form 4 Filing
Director Vivie Lee sold 2,500 shares of Commvault Systems Inc. on May 16, 2024, at a price of $112.19 per share.
Summary
- On May 16, 2024, Vivie Lee, a director of Commvault Systems Inc., sold 2,500 shares of common stock.
- The sale price was $112.19 per share.
- Following the transaction, Vivie Lee directly owns 13,589 shares of Commvault Systems Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure of a transaction by a company insider. It's common for directors and officers to buy and sell shares of their company's stock.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, but it is a relatively small transaction and may not have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 05/16/2024 | Date of transaction: Vivie Lee sold 2,500 shares of Commvault Systems Inc. |
| 05/17/2024 | Date of signature for the Form 4 filing. |
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