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SEC EDGARAUG 191 min read$CVLT

Merrill Gary sold $451K of CVLT

Merrill Gary (Chief Financial Officer) sold 3,147 shares of COMMVAULT SYSTEMS INC (CVLT) at an average of $143.29 ($142.80–$143.64, $0.45M total) across 2 trades over 2026-08-18 to 2026-08-19 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · Merrill Gary
Published Aug 19, 2026, 9:36 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Aug 19, 2026, 9:40 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.
About AlphAI AI DeskScoring methodologyReport an issue
AlphAI market briefInsider activity
Primary signal
$CVLT
Bearish
medium confidence
Mentioned
$CVLT
Relevance
3/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$CVLTBearishLow
01

Why it matters

The CFO's sale reduces insider ownership and may be interpreted as a negative signal, though the retained stake mitigates concerns.

02

Market read

Primary disclosure of a CFO's insider sale; modest size but may influence short‑term price action.

03

What to watch

The CFO retains a sizable stake, indicating continued confidence.

Relevance 3/10Novelty 4/10Timing: filed on 2026‑08‑19

Background

SEC Form 4 filing discloses insider transactions. Such filings are primary sources for insider activity.

Company-level read

Ticker impact

$CVLTBearishMedium confidence
Context

CFO Merrill Gary sold 3,147 shares (~$451K) via a 10b5‑1 plan, reducing his stake to 69,628 shares.

Expected impact

Potential modest downside pressure in the near term.

Evidence & confidence

The sale size is modest but involves a senior executive; markets often react negatively to CFO disposals.

Market effects

Sector

Minimal impact on the broader cybersecurity sector.

Regional

No significant regional effect.

Global

Limited to investors tracking insider activity.

Counterpoint

What could challenge this read

The sale could be routine portfolio rebalancing, not a bearish signal.

Key entities

  • Person
    Merrill Gary

    Chief Financial Officer of CommVault Systems Inc.

  • Company
    CommVault Systems Inc.

    Provider of data protection and information management solutions.

Read at source← All news

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.

CVLT insider trading history →

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