Lee Vivie sold $80K of CVLT
Lee Vivie sold 595 shares of COMMVAULT SYSTEMS INC (CVLT) at $134.19 on 2026-08-10 under a Rule 10b5-1 trading plan.
How this was made
The 30-second read
Why it matters
This is a fresh disclosure of an open-market sale (595 shares) at a stated price, but it does not include guidance, earnings, or other fundamental catalysts.
Market read
Traders may note the insider sale as a sentiment datapoint, but the 10b5-1 structure limits interpretability for near-term fundamentals.
What to watch
The filing does not disclose any new company-specific operational or financial information, and the net effect depends on whether other insiders are selling or buying around the same window.
Background
The article is a SEC Form 4 insider transaction disclosure for Commvault Systems Inc (CVLT) by director Lee Vivie.
Ticker impact
Commvault Systems director Lee Vivie filed a Form 4 open-market sale of 595 shares at $134.19 on 2026-08-10 under a 10b5-1 plan.
Low likelihood of a sustained price move from this single insider sale; any impact would be short-lived and sentiment-driven.
The filing is a same-day disclosed transaction, but it is explicitly under a pre-arranged 10b5-1 plan and the disclosed size is modest relative to typical large-cap trading flows.
Market effects
No clear sector read-through from a single, planned insider sale at a software/IT services name.
None indicated.
None indicated.
Counterpoint
Because the sale is under a 10b5-1 plan, it may reflect scheduled liquidity needs rather than bearish expectations, so traders may discount it.
Key entities
- issuerCOMMVAULT SYSTEMS INC
US-listed company subject of the Form 4 insider transaction disclosure.
- insiderLee Vivie
Director who reported an open-market sale under a pre-arranged 10b5-1 plan.





