THOMA BRAVO UGP, LLC

THOMA BRAVO UGP, LLC sold 2,500,000 shares of SAIL at $21.91 on 2025-02-14; stock has risen to $24.75 in 4 trading days.

THOMA BRAVO UGP, LLC, a 10% owner, divested 2,500,000 shares (0.5% of pre-transaction holdings of 482,342,514 shares) at $21.91 per share, reducing its stake to 479,842,514 shares. The sale occurred on February 14, 2025, just 4 trading days before the current price of $24.75 — a gap of approximately 12.8% that suggests the transaction was executed below the stock's recent trading level. Given that SailPoint is a recent listing and 52-week metrics are not yet meaningful, there is limited historical context for evaluating the timing or motivation of this partial position reduction. The modest scale of this sale (less than 1% of the owner's holdings) and the minimal documentation available from a 4-day window indicate this warrants monitoring but does not itself signal a material change in the major shareholder's conviction.

Thoma Bravo (10% owner) sells 2,500,000 SAIL shares at $21.91 for $54.8M post-IPO.

Thoma Bravo sold 2,500,000 shares at $21.91 on 2025-02-14, reducing holdings from 482,342,514 to 479,842,514 shares (a -0.5% decrease relative to pre-transaction holdings). The transaction generated $54,768,750 in proceeds. SailPoint is a recent listing (4 trading days old as of the current price date of 2025-02-19), so the 52-week context is not yet meaningful. The sale represents a modest portfolio adjustment by a major shareholder immediately following IPO. The current price of $24.75 is above the transaction price of $21.91, but given the extremely limited post-IPO trading history and the constraints of early-stage public market price discovery, this limited price movement does not support characterizations of timing quality.

10% Owner THOMA BRAVO sold 650,000 shares of MLNK at $21.05; stock now $21.43, down 16.8% from 52-week high

THOMA BRAVO, holding 28.93M shares post-sale (still ~97.8% of prior holdings), liquidated 650,000 shares at $21.05 on 2024-10-18. The stock has since risen to $21.43, but remains significantly depressed relative to its 52-week range ($15.80–$25.75), trading 16.8% below the high. At same-ticker history, his prior MLNK sale on 2024-02-09 at $21.05 was poorly timed (stock gained 0.4% in 30 days but fell 8.2% by 90 days). The underlying company remains unprofitable with net income of $-9.7M in its latest quarter, though annual revenue growth has been steady at +5.4%. This sale follows another MLNK liquidation just 18 days prior (2024-09-30), suggesting a pattern of gradual position reduction despite continued dominant ownership.

THOMA BRAVO UGP sells 6,000,000 shares of MLNK at $21.05; reduces stake to 29.58M shares; stock now -20.1% from 52-week high.

THOMA BRAVO UGP, a 10% owner, executed a large open-market sale of 6,000,000 shares on 2024-09-30 at $21.05, reducing holdings by 16.9% and total position value by approximately $126.3M. The timing warrants attention: post-transaction, MLNK has declined 9.9% over 30 days and 5.5% over 90 days, and the stock is now -20.1% from its 52-week high of $25.75. This is the insider's second sale of MLNK; the prior February 2024 sale at this ticker showed unfavorable timing with a -8.2% 90-day return, suggesting inconsistent execution. The company backdrop is concerning—the latest quarter posted negative net income of $-9.7M despite $78.7M revenue, and full-year profitability remains in deficit. A material reduction of position by a major stakeholder, combined with negative recent price action and sustained operating losses, suggests significant pressure on the investment thesis.