SailPoint Executives Engage in Significant Stock Transactions
| Reporter Name | Relationship | Type | Amount | SEC Filing |
|---|---|---|---|---|
| Mcclain Mark D. | Chief Executive Officer, 10% Owner | Sell | $10,527,453 | Form 4 |
| Mills Matt | President, 10% Owner | Sell | $3,677,415 | Form 4 |
| Payne Abby | Chief People Officer, 10% Owner | Sell | $1,889,201 | Form 4 |
| Gnanasambandam Chandrasekar | EVP Product & CTO, 10% Owner | Sell | $1,184,541 | Form 4 |
Several top executives at SailPoint have recently sold shares of the company's common stock, totaling a significant amount across multiple transactions. These sales occurred on October 7th, 8th, and 9th, 2025, and were executed at weighted average prices ranging from $22.1332 to $23.2369 per share.
Brian Carolan, the Chief Financial Officer and a 10% owner, sold 157,763 shares for a total of $3,543,168, leaving him with 1,336,628 shares owned directly. Mark D. McClain, the Chief Executive Officer, sold 468,486 shares, totaling $10,527,453, and now directly owns 7,200,308 shares, with an additional 121,343 shares owned indirectly through trusts. Matt Mills, the President and a 10% owner, sold 163,650 shares for $3,677,415, and his direct ownership stands at 1,904,258 shares.
Schmitt Christopher, the General Counsel and Secretary, also a 10% owner, sold 91,294 shares, netting $2,051,488, and directly owns 1,069,864 shares post-transaction. Abby Payne, the Chief People Officer and a 10% owner, sold 84,072 shares for $1,889,201, with her direct ownership at 702,683 shares and indirect ownership at 322,808 shares through various trusts. Lastly, Gnanasambandam Chandrasekar, EVP Product & CTO and a 10% owner, sold 52,739 shares for a total of $1,184,541, and now directly owns 531,080 shares.
All transactions were part of a mandatory sell-to-cover provision for tax obligations related to restricted stock units and were not discretionary trades.