Danielle Nicole Abrahamsen, Chief Accounting Officer of Commvault Systems Inc, filed a Form 4 on August 19, 2026, disclosing three separate dispositions of common stock between August 17 and August 19, 2026.

Key Highlights

  • Three sales reported: Abrahamsen disposed of 119 shares on August 17, 391 shares on August 18, and 486 shares on August 19, 2026.
  • Sale prices: Shares were sold at $143.98, $143.64, and $142.80, respectively, across the three transaction dates.
  • Remaining ownership: Following all reported transactions, Abrahamsen directly held 12,160 shares of common stock.
  • Rule 10b5-1 plan: The August 17 and August 19 sales were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 17, 2026.
  • Tax withholding sale: The August 18 sale of 391 shares represents shares automatically sold solely to satisfy tax withholding obligations on vesting of restricted and performance stock, with proceeds submitted to the Internal Revenue Service.

Abrahamsen's Share Dispositions at Commvault Systems

According to the filing, Danielle Nicole Abrahamsen, identified as Chief Accounting Officer of Commvault Systems Inc (NASDAQ:CVLT), reported dispositions of common stock across three consecutive trading days. On August 17, 2026, 119 shares were sold at $143.98 per share, reducing her directly held position to 13,037 shares. On August 18, 391 shares were sold at $143.64 per share, bringing her holdings to 12,646 shares. On August 19, an additional 486 shares were sold at $142.80 per share, leaving a directly held balance of 12,160 shares.

The filing notes that the August 17 and August 19 transactions were carried out under a Rule 10b5-1 trading plan that the reporting person adopted on February 17, 2026. The August 18 transaction is described separately: according to the filing, those 391 shares were "automatically sold solely to satisfy tax withholding obligations of reporting person on vesting of restricted and performance stock," with proceeds submitted to the Internal Revenue Service. All transactions in Table I are recorded as direct ownership and coded as sales (S). No derivative securities transactions were reported in Table II.

The form was signed by Danielle Abrahamsen and dated August 19, 2026. The filing also indicates that the form was checked to confirm transactions were made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

What Was Disclosed

The filing discloses three dispositions of Commvault Systems common stock by Chief Accounting Officer Danielle Nicole Abrahamsen between August 17 and August 19, 2026, totaling 996 shares sold, with a resulting direct beneficial ownership of 12,160 shares.