Form 4: SailPoint Parent CTO Sells Shares
Insider Transaction (Form 4)
Chandrasekar Gnanasambandam, EVP Product & CTO of SailPoint Parent, LP, sold 35,687 shares of common stock on October 6, 2026.
Summary
- Open-market sale: disposed of 11,579 Common Stock at $20.27 ($234,679) on October 6, 2026; holds 922,929 after (Direct).
- Open-market sale: disposed of 1,499 Common Stock at $21.03 ($31,524) on October 6, 2026; holds 921,430 after (Direct).
- Open-market sale: disposed of 22,522 Common Stock at $19.71 ($443,904) on October 7, 2026; holds 898,908 after (Direct).
- Open-market sale: disposed of 87 Common Stock at $20.44 ($1,778) on October 7, 2026; holds 898,821 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $711,885 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Chandrasekar Gnanasambandam — Officer (EVP Product & CTO)
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 | 11,579 | $20 | $234.7K | 922,929 |
| 2026-10-06 | Open-market sale | Common Stock | 1,499 | $21 | $31.5K | 921,430 |
| 2026-10-07 | Open-market sale | Common Stock | 22,522 | $20 | $443.9K | 898,908 |
| 2026-10-07 | Open-market sale | Common Stock | 87 | $20 | $1.8K | 898,821 |
Key Dates
| Date | Description |
|---|---|
| 2026-10-06 | Open-market sale (11,579 shares) |
| 2026-10-06 | Open-market sale (1,499 shares) |
| 2026-10-07 | Open-market sale (22,522 shares) |
| 2026-10-07 | Open-market sale (87 shares) |
Keywords
insider transaction, Form 4, SAIL, SailPoint, Inc., bearish, Chandrasekar Gnanasambandam
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