SailPoint President Matt Mills sold 83.7K shares for $1.0M in 4 separate April 2026 sales; stock down 54.4% from 52-week high.
Matt Mills, President of SailPoint, executed 4 separate sales totaling 83,688 shares for $1,023,484.27 ($12.23 blended average) over April 7-9, 2026, reducing his holdings by 3.3% to 2,451,334 shares. The timing is significant: his prior 5 sales at SailPoint all proved well-timed at the 90-day mark (negative 90d returns ranging from -10.2% to -36.6%), and the stock is currently trading at $11.06—already 54.4% below its 52-week high of $24.26 and down 27.8% in the last 30 days alone. SailPoint remains unprofitable (full-year net income of $-35,975,000.00), though revenue grew 24.4% year-over-year to $281,942,000.00 in the latest quarter. Mills' consistent execution of sell trades that precede stock declines at this specific ticker warrants close observation as the stock continues its downtrend post-transaction.