Form 4: Commvault Systems CFO Sells Shares
Insider Transaction (Form 4)
Gary Merrill, Chief Financial Officer of Commvault Systems Inc, sold 3,147 shares of common stock on August 18, 2026.
Summary
- Open-market sale: disposed of 1,854 Common Stock at $143.64 ($266,309) on August 18, 2026; holds 70,921 after (Direct).
- Open-market sale: disposed of 1,293 Common Stock at $142.80 ($184,640) on August 19, 2026; holds 69,628 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $450,949 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Gary Merrill — Officer (Chief Financial Officer)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-18 | Open-market sale | Common Stock | 1,854 | $144 | $266.3K | 70,921 |
| 2026-08-19 | Open-market sale | Common Stock | 1,293 | $143 | $184.6K | 69,628 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-18 | Open-market sale (1,854 shares) |
| 2026-08-19 | Open-market sale (1,293 shares) |
Keywords
insider transaction, Form 4, CVLT, COMMVAULT SYSTEMS INC, bearish, Gary Merrill
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