Sanjay Mirchandani, President & CEO at COMMVAULT SYSTEMS INC (CVLT), sold 41,468 shares at $67.22 ($2.8M) on 2023-05-23, disclosed to the SEC on 2023-05-23.
Seasonal sale ($2.8M) by President & CEO — this insider has traded CVLT in May in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $65.59 | 4,250 | $279K | 10.1% |
| 2 | $65.59 | 4,250 | $279K | 10.1% |
| 3 | $67.22 | 16,484 | $1.1M | 39.9% |
| 4 | $67.22 | 16,484 | $1.1M | 39.9% |
| Total | $66.89 avg | 41,468 | $2.8M | 100% |
| Filing → |
| CVLT | SELL | 2026-05-21 | $2.9M | — | Filing → |
| CVLT | SELL | 2026-05-19 | $884K | — | Filing → |
| CVLT | SELL | 2026-03-18 | $1.6M | — | Filing → |