Form 4: SailPoint Parent CEO Sells Shares
Insider Transaction (Form 4)
Mark D. Mcclain, Chief Executive Officer and a Director of SailPoint Parent, LP, sold 219,249 shares of common stock on October 6, 2026.
Summary
- Open-market sale: disposed of 91,986 Common Stock at $20.27 ($1,864,335) on October 6, 2026; holds 8,001,884 after (Direct).
- Open-market sale: disposed of 11,907 Common Stock at $21.03 ($250,408) on October 6, 2026; holds 7,989,977 after (Direct).
- Open-market sale: disposed of 114,913 Common Stock at $19.71 ($2,264,912) on October 7, 2026; holds 7,875,064 after (Direct).
- Open-market sale: disposed of 443 Common Stock at $20.44 ($9,055) on October 7, 2026; holds 7,874,621 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $4,388,710 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Mark D. Mcclain — Director, Officer (Chief Executive Officer)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-10-06 | Open-market sale | Common Stock | 91,986 | $20 | $1.9M | 8,001,884 |
| 2026-10-06 | Open-market sale | Common Stock | 11,907 | $21 | $250.4K | 7,989,977 |
| 2026-10-07 | Open-market sale | Common Stock | 114,913 | $20 | $2.3M | 7,875,064 |
| 2026-10-07 | Open-market sale | Common Stock | 443 | $20 | $9.1K | 7,874,621 |
Key Dates
| Date | Description |
|---|---|
| 2026-10-06 | Open-market sale (91,986 shares) |
| 2026-10-06 | Open-market sale (11,907 shares) |
| 2026-10-07 | Open-market sale (114,913 shares) |
| 2026-10-07 | Open-market sale (443 shares) |
Keywords
insider transaction, Form 4, SAIL, SailPoint, Inc., bearish, Mark D. Mcclain
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