Gary Merrill Sells 1,892 Shares of CommVault Systems Stock

Insider transaction represents a 2.92% decrease in Merrill's position

Published on Feb. 20, 2026

CommVault Systems, Inc. (NASDAQ:CVLT) insider Gary Merrill sold 1,892 shares of the company's stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $91.28, for a total value of $172,701.76. Following the sale, Merrill directly owned 62,833 shares of the company's stock, valued at approximately $5,735,396.24.

Why it matters

Insider transactions, such as stock sales by company insiders, can provide insights into management's views on the company's prospects. Merrill's sale represents a 2.92% decrease in his position, which may signal his outlook on the stock's future performance.

The details

The transaction was disclosed in a filing with the Securities & Exchange Commission. Merrill also recently sold 2,593 shares of CommVault Systems stock on February 18th at an average price of $90.28, for a total value of $234,096.04.

  • The stock sale occurred on Thursday, February 19th, 2026.
  • Merrill also sold 2,593 shares on Wednesday, February 18th, 2026.

The players

Gary Merrill

An insider at CommVault Systems, Inc. (NASDAQ:CVLT).

CommVault Systems, Inc.

A global provider of data protection and information management software, headquartered in Tinton Falls, New Jersey.

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The takeaway

This insider transaction provides a signal about Merrill's outlook on CommVault Systems' stock performance, as he reduced his position by 2.92%. Investors may want to monitor the company's financial performance and any further insider trading activity to gauge the overall sentiment around the stock.