$CVLT

Merrill Gary sold $406K of CVLT

Merrill Gary (Chief Financial Officer) sold 3,777 shares of COMMVAULT SYSTEMS INC (CVLT) at $107.39 ($0.41M total) on 2026-05-22 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · Merrill Gary
Published May 26, 2026, 9:51 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI May 26, 2026, 9:54 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
AlphAI market briefInsider activity
Primary signal
$CVLT
Neutral
medium confidence
Mentioned
$CVLT
Relevance
6/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$CVLTNeutralLow
01

Why it matters

This disclosure may marginally affect short-term sentiment, but the pre-arranged nature typically limits interpretability for fundamentals.

02

Market read

A single 10b5-1 insider sale is generally a low-signal event; watch for follow-on filings or other catalysts for directional trading.

03

What to watch

Because the plan is pre-arranged, traders should avoid over-weighting the sale versus broader CVLT catalysts (earnings, guidance, contracts) not present in this filing.

Relevance 6/10Timing: Filing dated 2026-05-26; any reaction would be short-lived around disclosure/after-hours read-through.

Background

The article is an SEC Form 4 insider transaction disclosure: CVLT CFO Merrill Gary sold shares on 2026-05-22 via an open-market transaction under a Rule 10b5-1 plan.

Company-level read

Ticker impact

$CVLTNeutralMedium confidence
Context

CVLT CFO Merrill Gary filed an open-market sale of 3,777 shares ($405,615.81) under a pre-arranged 10b5-1 plan.

Expected impact

Low near-term impact; any move is more likely sentiment/flow-driven than fundamentals.

Evidence & confidence

The transaction is an open-market sale executed under a pre-arranged Rule 10b5-1 plan, which reduces the likelihood of signaling new negative information.

Market effects

Minimal; this is company-specific insider activity without disclosed operational/financial catalysts.

None indicated.

None indicated.

Counterpoint

The sale could reflect routine diversification or planned liquidity needs rather than any view on CVLT’s prospects.

Key entities

  • COMMVAULT SYSTEMS INC

    Subject of the insider transaction disclosure; CFO sold 3,777 shares for ~$405.6K under a 10b5-1 plan.

  • Merrill Gary

    CVLT CFO who executed the open-market sale disclosed on SEC Form 4.

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

Related articles

$CVLTHigh

Commvault Stock Surges As Cyber Resilience Story Pops

Commvault Systems (CVLT) shares rose due to its SHIFT 2026 cyber resilience roadshow, new Active Directory Pre Recover tool, and strategic partnership with CrowdStrike. The company is shifting to subscription-based services for more predictable revenue, but faces challenges like debt and uneven profitability.

$CVLTMedAI 8/10

Commvault (CVLT) Turns Cyberattacks Into Automated Recovery Through New CrowdStrike (CRWD) Deal

Commvault (CVLT) integrated its cyber recovery actions with CrowdStrike's (CRWD) Charlotte Agentic SOAR workflows, enabling automated data recovery during incidents. The partnership follows Commvault's fiscal Q1 2027 results, showing 16% YoY subscription revenue growth to $267M and 39% YoY SaaS revenue growth to $100M. However, GAAP operating margin was 8.2%, significantly lower than the non-GAAP figure of 22.8%.

$CVLTMedAI 8/10

Commvault’s (CVLT) AI Recovery Bet Meets A Margin Reality Check

Commvault (CVLT) integrated Google's threat intelligence into its recovery workflows, enhancing cyberattack response. The company reported fiscal Q1 subscription revenue of $267M, up 16% YoY, with SaaS revenue at $100M, up 39%. However, GAAP operating income was $26M (8.2% margin), while non-GAAP was $71M (22.8% margin). Guidance suggests flat subscription revenue in Q2 and a slight margin decline for the year.

$CVLTMed

Storage News Ticker

Ataccama appointed Martin Zahumensky as CEO, replacing Mike McKee who stepped down after leading three years of global growth and launch of its agentic data trust platform. Commvault announced a Threat Scan integration with Google Threat Intelligence. DataBahn raised $40m and expanded its agentic data control plane. Netlist and Samsung agreed a five-year alliance worth up to $897m plus $239m upfront and $1.5b supply.

$CVLTMed

Why Commvault Systems Rocked the Market Today

Commvault Systems (CVLT) shares rose about 6% on Monday after the company announced a new collaboration with Google, an Alphabet unit. Commvault said its Threat Scan software will be integrated into Google Threat Intelligence, with availability in coming months. No financial terms were disclosed. Investors also cited broader tech sentiment.