Quick Takeaways
- This page summarizes Gary Merrill's Form 4 filing for COMMVAULT SYSTEMS INC (CVLT).
- 5 reported transactions and 0 derivative rows are listed below.
- Filing timestamp: 16 Sep 2025, 16:25.
Gary Merrill - 12 Sep 2025 Form 4 Insider Report for COMMVAULT SYSTEMS INC (CVLT)
- Signature
- /s/ Danielle Abrahamsen, Attorney-in-Fact
- Issuer symbol
- CVLT
- Transactions as of
- 12 Sep 2025
- Net transactions value
- -$2,713,649
- Form type
- 4
- Filing time
- 16 Sep 2025, 16:25:02 UTC
- Previous filing
- 20 Aug 2025
- Next filing
- 20 Nov 2025
- SEC
- View on sec.gov
Quoteable Key Fact
"Gary Merrill filed Form 4 for COMMVAULT SYSTEMS INC (CVLT) on 16 Sep 2025."
What Changed
- Previous filing in this sequence was filed on 20 Aug 2025.
- Current net transaction value: -$2,713,649.
Why This Matters
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Official SEC Source
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 | 16 Sep 2025 | 0001560814 |
Transactions Table
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CVLT | Common Stock | Sale | $495,714 | -2,814 | -3.2% | $176.16 | 84,267 | 12 Sep 2025 | Direct | F1, F2 |
| transaction | CVLT | Common Stock | Sale | $1,118,118 | -6,295 | -7.5% | $177.62 | 77,972 | 12 Sep 2025 | Direct | F1, F3 |
| transaction | CVLT | Common Stock | Sale | $344,616 | -1,929 | -2.5% | $178.65 | 76,043 | 12 Sep 2025 | Direct | F1, F4 |
| transaction | CVLT | Common Stock | Sale | $629,082 | -3,506 | -4.6% | $179.43 | 72,537 | 12 Sep 2025 | Direct | F1, F5 |
| transaction | CVLT | Common Stock | Sale | $126,119 | -700 | -0.97% | $180.17 | 71,837 | 12 Sep 2025 | Direct | F1 |
* 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 | The sale reported in this Form 4 was effected pursuant to an existing Rule 10b5-1 trading plan adopted by the reporting person on November 20, 2024, as amended on June 13, 2025. The reporting person is subject to a lock-up agreement that expires on November 1, 2025. The sale of shares is a permissible exemption under the terms of the lock-up agreement. |
| F2 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $175.66 and $176.63, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer. |
| F3 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $176.95 and $177.91, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer. |
| F4 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $177.95 and $178.84, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer. |
| F5 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $179.16 and $179.97, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer. |