Company: CVLT
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0001169561-25-000069
Chunk: 28

Company: COMMVAULT SYSTEMS INC
Filing Date: 2025-07-30
Form: 10-Q
Item: Part II, Item 5
Chunk 28
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Table of Contents

Item 5. Other Information

On June 10, 2025, Jennifer DiRico, Chief Financial Officer, adopted a Rule 10b5-1 trading arrangement intended to satisfy the affirmative defense of Rule 10b5-1(c) for the sale of up to approximately 21,000 shares of the Company’s common stock. The plan is in effect until March 6, 2026.

On June 13, 2025, Gary Merrill, Chief Commercial Officer, modified his Rule 10b5-1 trading arrangement that was originally adopted on November 20, 2024, to increase the number of shares to be sold under the plan. The modified trading arrangement is intended to satisfy the affirmative defense of Rule 10b5-1(c) for the sale of up to approximately 34,000 shares of the Company’s common stock and is in effect until May 31, 2027.

During the three months ended June 30, 2025, no other directors or officers of the Company adopted, modified or terminated any Rule 10b5-1 trading arrangement or “Non-Rule 10b5-1 trading arrangement” as each term is defined in Item 408 of Regulation S-K.