Monitor for actual sale execution via subsequent Form 4 filings. The proposed sale is small relative to typical insider holdings and likely routine portfolio rebalancing post-RSU vesting.
Price Chart
Executive Summary
SailPoint director Mark D. McClain filed a Form 144 on October 6, 2026, indicating intent to sell 103,893 shares of common stock valued at approximately $2.1 million. The shares were acquired via RSU vesting on October 5, 2026, and the sale is a routine diversification move by a director/officer. The filing is neutral as it reflects standard insider liquidity planning post-vesting, not a change in business fundamentals.
Key Facts
- Insider Mark D. McClain (Director and Officer) filed Form 144 to sell 103,893 shares of common stock.
- Estimated aggregate market value of shares to be sold is $2,114,742.
- Shares were acquired via RSU vesting on October 5, 2026, as compensation from the issuer.
- The sale is planned through Morgan Stanley Smith Barney LLC on or after October 6, 2026.
- McClain held 118,194 shares as of July 7, 2026, and 93,260 shares as of July 8, 2026, per prior filings.
Financial Impact
Proposed sale of ~$2.1 million worth of common stock, representing a modest portion of the insider's holdings.
Risk Factors
- Insider sale could signal reduced conviction if followed by additional filings or larger sales.
- Form 144 is only an intent to sell; the transaction may not occur.
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001722498-26-000030 |
| Document: 0001722498-26-000030-index.html | 0001722498-26-000030 |
| Document: 0001722498-26-000030.txt | 0001722498-26-000030 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 27, 2026 today | 144 | $21.61 | awaiting T+20 | — | $22.39 (+3.61%) |
Oct 8, 2026 19d ago | 144 | $20.77 | awaiting T+20 | — | $22.39 (+7.80%) |
Oct 7, 2026 20d ago | 144 | $20.02 | awaiting T+20 | — | $22.39 (+11.84%) |
Oct 7, 2026 20d ago | 144 | $20.02 | awaiting T+20 | — | $22.39 (+11.84%) |
Oct 7, 2026 20d ago | 144 | $20.02 | awaiting T+20 | — | $22.39 (+11.84%) |
Oct 7, 2026 20d ago | 144 | $20.02 | awaiting T+20 | — | $22.39 (+11.84%) |
Oct 7, 2026 20d ago | 144 | $20.02 | awaiting T+20 | — | $22.39 (+11.84%) |
Oct 7, 2026 20d ago | 144 | $20.02 | awaiting T+20 | — | $22.39 (+11.84%) |
Oct 6, 2026 21d ago | 144 | $19.58 | awaiting T+20 | — | $22.39 (+14.35%) |
Oct 6, 2026 21d ago | 144 | $19.58 | awaiting T+20 | — | $22.39 (+14.35%) |
US Market Status
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