Trade Summary

6 days ago, Mirchandani Sanjay, serving as Pres, CEO at Commvault Systems Inc (CVLT), sold 27,846 shares at $103.56 per share, for a total transaction value of $2,883,711.00. Following this transaction, Mirchandani Sanjay now holds 306,927 shares of CVLT.

This sale represents a 8.00% decrease in Mirchandani Sanjay's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Tuesday, May 19, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, May 21, 2026 at 5:35 PM ET, 2 days after the trade was made.

Commvault Systems Inc operates in the TECHNOLOGY sector, specifically within the SOFTWARE - APPLICATION industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.