Form 4: SailPoint Parent Executive Sells Shares
Insider Transaction (Form 4)
Christopher Schmitt, General Counsel and Secretary of SailPoint Parent, LP, sold 44,410 shares of common stock on October 6, 2026.
Summary
- Open-market sale: disposed of 18,631 Common Stock at $20.27 ($377,606) on October 6, 2026; holds 1,294,090 after (Direct).
- Open-market sale: disposed of 2,412 Common Stock at $21.03 ($50,725) on October 6, 2026; holds 1,291,678 after (Direct).
- Open-market sale: disposed of 23,277 Common Stock at $19.71 ($458,785) on October 7, 2026; holds 1,268,401 after (Direct).
- Open-market sale: disposed of 90 Common Stock at $20.44 ($1,840) on October 7, 2026; holds 1,268,311 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $888,955 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Christopher Schmitt — Officer (General Counsel and Secretary)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-10-06 | Open-market sale | Common Stock | 18,631 | $20 | $377.6K | 1,294,090 |
| 2026-10-06 | Open-market sale | Common Stock | 2,412 | $21 | $50.7K | 1,291,678 |
| 2026-10-07 | Open-market sale | Common Stock | 23,277 | $20 | $458.8K | 1,268,401 |
| 2026-10-07 | Open-market sale | Common Stock | 90 | $20 | $1.8K | 1,268,311 |
Key Dates
| Date | Description |
|---|---|
| 2026-10-06 | Open-market sale (18,631 shares) |
| 2026-10-06 | Open-market sale (2,412 shares) |
| 2026-10-07 | Open-market sale (23,277 shares) |
| 2026-10-07 | Open-market sale (90 shares) |
Keywords
insider transaction, Form 4, SAIL, SailPoint, Inc., bearish, Christopher Schmitt
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