Commvault CFO Gary Merrill Sells 3,147 Shares
Merrill sold stock under a pre-established Rule 10b5-1 plan to cover tax withholding from vesting equity awards. His remaining position totals 69,628 shares worth ~$9.5 million.
Merrill sold stock under a pre-established Rule 10b5-1 plan to cover tax withholding from vesting equity awards. His remaining position totals 69,628 shares worth ~$9.5 million.
BELLINGS Intelligence Score: 5
Why it matters
The sale of a small number of shares by a company CFO under a pre-established plan is routine insider activity with no material impact on credit markets or broader financial conditions.
Sources
The Motley Fool
Commvault CFO Gary Merrill Sells 3,147 Shares
Merrill sold stock under a pre-established Rule 10b5-1 plan to cover tax withholding from vesting equity awards. His remaining position totals 69,628 shares worth ~$9.5 million.