Form 4: Thoma Bravo UGP, LLC Reports Sale of 2,500,000 Shares of SailPoint, Inc.

Thoma Bravo UGP, LLC, along with affiliated entities, reports the sale of 2,500,000 shares of SailPoint, Inc. common stock at a price of $21.9075 per share on February 14, 2025.

Summary

• Thoma Bravo UGP, LLC, along with several affiliated funds, filed a Form 4 with the SEC on February 19, 2025.
• The report details the sale of 2,500,000 shares of SailPoint, Inc. (SAIL) common stock on February 14, 2025.
• The shares were sold at a price of $21.9075 per share.
• Following the transaction, the reporting entities collectively beneficially own 479,842,514 shares of SailPoint, Inc.
• The reporting entities include Thoma Bravo UGP, LLC, Thoma Bravo Executive Fund XIII, L.P., Thoma Bravo Fund XIII, L.P., Thoma Bravo Fund XIII-A, L.P., Thoma Bravo Executive Fund XV, L.P., Thoma Bravo Fund XV, L.P., Thoma Bravo Fund XV-A, L.P., Thoma Bravo Employee Fund, L.P., Project Hotel California Co-Invest Fund, L.P., Thoma Bravo Co-Invest Opportunities XV-1, L.P., Thoma Bravo Co-Invest Opportunities XV-3, L.P., and Project Quail Opportunities, L.P.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a standard SEC filing reporting a transaction. The sale itself doesn't necessarily indicate a positive or negative outlook, but rather a change in ownership.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders or major shareholders of a publicly traded company buy or sell shares. This filing indicates a change in ownership by a significant shareholder, Thoma Bravo, which could be of interest to investors.

Stakeholder Impact

• The sale of shares by a major shareholder like Thoma Bravo could potentially influence investor sentiment and the trading price of SailPoint, Inc.

Key Dates

Keywords

SailPoint, Thoma Bravo, Form 4, SEC, Share Sale, Beneficial Ownership, SAIL