This is a routine tax-motivated sale following RSU vesting. The dollar amount is negligible relative to market cap. No material signal for the stock — monitor for any larger insider sales or changes in officer selling patterns.
Price Chart
Executive Summary
SailPoint officer Christopher Schmitt filed a Form 144 notice of intent to sell 18,890 shares of common stock, with an estimated aggregate market value of approximately $291,193 based on the filing date. The shares were acquired via RSU vesting on July 5, 2026, and the sale is a routine insider transaction to cover tax obligations from equity compensation.
Key Facts
- Reporting person: Christopher Schmitt (Officer)
- Proposed sale: 18,890 shares of common stock
- Estimated aggregate market value: $291,193
- Shares acquired on 07/05/2026 via RSU vesting (compensation)
- Filing date: 07/08/2026
- Broker: Morgan Stanley Smith Barney LLC
Financial Impact
Sale of 18,890 shares valued at ~$291K — represents a small fraction of the officer's total holdings and is immaterial relative to SailPoint's $9.2B market cap.
Risk Factors
- Insider selling ahead of earnings or material news could be a red flag, but this filing lacks such context.
- If the officer accelerates selling beyond this small amount, it could signal reduced confidence.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001820482-26-000025 |
| Document: 0001820482-26-000025-index.html | 0001820482-26-000025 |
| Document: 0001820482-26-000025.txt | 0001820482-26-000025 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 8, 2026 18d ago | 144 | $20.77 | awaiting T+20 | — | $22.07 (+6.26%) |
Oct 7, 2026 19d ago | 144 | $20.02 | awaiting T+20 | — | $22.07 (+10.24%) |
Oct 7, 2026 19d ago | 144 | $20.02 | awaiting T+20 | — | $22.07 (+10.24%) |
Oct 7, 2026 19d ago | 144 | $20.02 | awaiting T+20 | — | $22.07 (+10.24%) |
Oct 7, 2026 19d ago | 144 | $20.02 | awaiting T+20 | — | $22.07 (+10.24%) |
Oct 7, 2026 19d ago | 144 | $20.02 | awaiting T+20 | — | $22.07 (+10.24%) |
Oct 7, 2026 19d ago | 144 | $20.02 | awaiting T+20 | — | $22.07 (+10.24%) |
Oct 6, 2026 20d ago | 144 | $19.58 | awaiting T+20 | — | $22.07 (+12.72%) |
Oct 6, 2026 20d ago | 144 | $19.58 | awaiting T+20 | — | $22.07 (+12.72%) |
Oct 6, 2026 20d ago | 144 | $19.58 | awaiting T+20 | — | $22.07 (+12.72%) |
US Market Status
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