Sanjay Mirchandani

Mirchandani sells 21,608 shares at blended $103.43 under pre-arranged 10b5-1 plan; stock rallied 13.2% in 30 days

Sanjay Mirchandani, President & CEO of Commvault, executed 2 separate sales totaling 21,608 shares for $2,234,896.52 on May 19-20, 2026, pursuant to a pre-arranged 10b5-1 trading plan adopted on 2025-12-13. These are scheduled, not discretionary transactions. His post-transaction holdings of 306,927 shares represent a 6.6% reduction. The sales occurred within a context of recent price strength: the stock was trading at $106.00 current price, up 13.2% over 30 days and 16.5% over 90 days, despite sitting 47.2% below its 52-week high of $200.68. His prior trades at CVLT show mixed timing outcomes: recent March 2026 sales preceded gains (30-day returns of +18.4% and +18.0%), while earlier sales in November 2025 and February 2026 produced negative 90-day returns. However, this transaction is mechanically executed under an established plan, so timing attribution does not apply. Commvault's fundamentals show a P/E of 53.54 with annual revenue growth of +18.9%, indicating a high-growth, expensive valuation profile.

Commvault CEO Mirchandani sells 20,390 shares for $1,621,353.16 via pre-arranged 10b5-1 plan

Sanjay Mirchandani, President & CEO of Commvault Systems Inc, executed 2 separate sales totaling 20,390 shares for $1,621,353.16 between 2026-03-16 and 2026-03-17 at a blended average price of $79.52. This sale reduces his post-transaction holdings to 332,529 shares, representing a -5.8% decrease from pre-transaction holdings of 352,919 shares. The transaction was conducted under a pre-arranged 10b5-1 trading plan adopted on 2025-12-13, making it scheduled rather than discretionary. Because the sale is governed by a structured trading plan established in advance, it reflects a predetermined execution strategy rather than a response to current market or business conditions.

CVLT CEO Mirchandani sells 20,942 shares for $2.6M via pre-arranged 10b5-1 plan

Sanjay Mirchandani, President & CEO of Commvault, executed 7 separate sales totaling 20,942 shares for $2,557,181.93 across November 18-19, 2025, at blended average price of $122.11 per share. This transaction is part of a pre-arranged 10b5-1 trading plan adopted on 2024-11-18 and therefore represents a scheduled, non-discretionary disposition rather than a discretionary trading decision. The sale reduced his holdings from 380,202 shares to 359,260 shares, representing a 5.5% reduction in his position. As a scheduled plan transaction executed exactly one year after adoption, this sale reflects contractual execution rather than a response to current market or business conditions.

CEO Mirchandani sells 20.0K shares of CVLT for $3.5M under pre-arranged 10b5-1 plan (scheduled)

Sanjay Mirchandani, President & CEO of Commvault Systems Inc, executed 7 separate sales totaling 19,960 shares for $3,528,866.79 across August 18–19, 2025, at prices ranging from $175.70 to $178.63. This sale reduces his holdings from 462,982 shares to 443,022 shares (a 4.3% reduction). The transaction was executed under a pre-arranged 10b5-1 trading plan adopted on 2024-11-18, meaning the sales were scheduled in advance rather than discretionary. The blended average sale price of $176.80 reflects multiple tranches executed over two days, consistent with a structured liquidation schedule. Investors should note this activity occurred within a predetermined framework and does not necessarily reflect current market timing or strategic repositioning decisions.

Sanjay Mirchandani (President & CEO) sold 3,895 shares for $700,859.73 on 2025-05-20 under pre-arranged 10b5-1 plan

Mirchandani executed 4 separate sales totaling 3,895 shares for $700,859.73 at an average price of $179.94 on 2025-05-20. The transactions were conducted under a pre-arranged 10b5-1 trading plan, meaning they were scheduled in advance rather than discretionary trades. Post-transaction, his holdings stand at 471,357 shares, representing a reduction of 3,895 shares (-0.8% vs pre-transaction holdings). Since this sale is part of a structured plan established in advance, it does not reflect a contemporaneous market judgment or signal about stock valuation.

CVLT CEO Mirchandani sells 21,268 shares for $3.7M under 10b5-1 plan over two days (5/16–5/19)

Sanjay Mirchandani, President & CEO of Commvault Systems, executed 9 separate sales totaling 21,268 shares for $3,745,695.48 across May 16–19, 2025, at a blended average price of $176.12. This disposition reduced his holdings by 4.0% from 532,940 to 511,672 shares. The sales were conducted under a pre-arranged 10b5-1 trading plan, meaning they follow a scheduled program established in advance and are not discretionary timing decisions. As a scheduled transaction, this filing does not reveal insights into the CEO's current market outlook or conviction; rather, it reflects execution of a pre-set formula. Investors should note the volume and dollar magnitude of the sale while recognizing the plan-driven nature removes any signal value from sale timing itself.

CVLT CEO Mirchandani sells 18,682 shares for $3.4M (Feb 19-21) via scheduled 10b5-1 plan

Sanjay Mirchandani, President & CEO of Commvault Systems, executed 16 separate sales totaling 18,682 shares for $3,421,021.54 across three trading days (February 19-21, 2025) at a blended average price of $183.12. This transaction is part of a pre-arranged 10b5-1 trading plan, meaning it was scheduled and not discretionary. The sales reduced his post-transaction holdings to 413,549 shares from 432,231 shares, representing a 4.3% reduction in his stake. As a scheduled disposition under a 10b5-1 plan, this transaction reflects predetermined trading mechanics rather than a real-time market judgment by the CEO.

Mirchandani (CEO) sold 21,233 shares for $3.5M across 12 transactions under 10b5-1 plan on Nov 18-20.

Sanjay Mirchandani, President & CEO of Commvault Systems, executed 12 separate sales totaling 21,233 shares for $3,514,779.85 at prices ranging from $162.13 to $168.34 per share across November 18-20, 2024. This activity is governed by a pre-arranged 10b5-1 trading plan, meaning the sales were scheduled and not discretionary. Post-transaction, Mirchandani retains 441,181 shares, representing a 4.6% reduction in his holdings. The blended average price of $165.53 reflects execution across a narrow price range during a two-day window, consistent with an automated or planned divestment schedule rather than opportunistic trading.

CVLT CEO Mirchandani sold 21,294 shares for $3,176,859.23 across 6 transactions (Aug 16-20) via 10b5-1 plan.

Sanjay Mirchandani, President & CEO of CommVault Systems, executed 6 separate sales totaling 21,294 shares for $3,176,859.23 between August 16 and August 20, 2024, at prices ranging from $146.95 to $150.38 with a blended average price of $149.19. This sale reduced his holdings by 4.3%, from 492,038 shares to 470,744 shares. The transaction is part of a pre-arranged 10b5-1 trading plan, meaning the sales were scheduled in advance rather than discretionary. Post-transaction, the CEO retains 470.7K shares, indicating continued substantial ownership in the company.