Gary Merrill - 22 May 2025 Form 4 Insider Report for COMMVAULT SYSTEMS INC (CVLT)

Signature
/s/ Danielle Abrahamsen, Attorney-in-Fact
Issuer symbol
CVLT
Transactions as of
22 May 2025
Net transactions value
-$343,374
Form type
4
Filing time
27 May 2025, 16:40:02 UTC
Previous filing
22 May 2025
Next filing
20 Aug 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Merrill Gary Chief Commercial Officer 1 COMMVAULT WAY, TINTON FALLS /s/ Danielle Abrahamsen, Attorney-in-Fact 27 May 2025 0001560814

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVLT Common Stock Sale $66,500 -380 -0.41% $175.00 91,291 22 May 2025 Direct F1
transaction CVLT Common Stock Sale $239,236 -1,368 -1.5% $174.88 89,923 22 May 2025 Direct
transaction CVLT Common Stock Sale $37,638 -214 -0.24% $175.88 89,709 27 May 2025 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents shares automatically sold solely to satisfy tax withholding obligations of reporting person on vesting of restricted stock. Proceeds from the sale were submitted to the Internal Revenue Service.