The filing is a routine equity monetization following RSU vesting, not a discretionary sale. The officer has a pattern of periodic sales after vesting events. No material signal for the stock.
Price Chart
Executive Summary
Christopher Schmitt, an officer of SailPoint, Inc., filed a Form 144 on October 6, 2026, indicating intent to sell 21,043 shares of common stock with an approximate market value of $428,330. The shares were acquired through RSU vesting on October 5, 2026, and the sale is a routine cash-out of vested equity by an officer, not a discretionary open-market sale.
Key Facts
- Filer: Christopher Schmitt, an officer of SailPoint, Inc.
- Proposed sale: 21,043 shares of common stock
- Estimated market value: $428,330
- Shares acquired via RSU vesting on October 5, 2026
- Broker: Morgan Stanley Smith Barney LLC
- Filing date: October 6, 2026
- Prior sales by same insider: 23,940 shares on July 7, 2026 ($389,944) and 18,890 shares on July 8, 2026 ($291,193)
Financial Impact
Proposed sale of $428,330 in stock by an officer; represents a modest portion of holdings based on prior sales.
Risk Factors
- Insider selling ahead of any undisclosed negative catalyst cannot be ruled out, but the pattern is consistent with scheduled equity vesting.
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001820482-26-000029 |
| Document: 0001820482-26-000029-index.html | 0001820482-26-000029 |
| Document: 0001820482-26-000029.txt | 0001820482-26-000029 |
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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