Chief People Officer Payne Abby sold $1,889,201 worth of shares (84,072 units at $22.47), decreasing direct ownership by 11% to 702,683 units (SEC Form 4)
$SAIL
Computer Software: Prepackaged Software
Technology
| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
|
|||||||||||||||
| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
| Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
|
2. Issuer Name and Ticker or Trading Symbol
SailPoint, Inc. [ SAIL ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|
||||||||||||||||||||||||
|
3. Date of Earliest Transaction
(Month/Day/Year) 10/07/2025 | ||||||||||||||||||||||||||
|
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
|
| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| Common Stock | 10/07/2025 | S(1) | 16,115 | D | $22.1332(2)(3) | 770,640 | D | |||
| Common Stock | 10/07/2025 | S(1) | 9,916 | D | $23.2369(3)(4) | 760,724 | D | |||
| Common Stock | 10/08/2025 | S(1) | 21,581 | D | $22.3403(3)(5) | 739,143 | D | |||
| Common Stock | 10/08/2025 | S(1) | 4,979 | D | $22.9103(3)(6) | 734,164 | D | |||
| Common Stock | 10/09/2025 | S(1) | 31,481 | D | $22.4234(3)(7) | 702,683 | D | |||
| Common Stock | 10,782 | I | By Abigail McKenzie Goode Trust(8) | |||||||
| Common Stock | 277,356 | I | By Abigail Payne 2024 GST Trust(8) | |||||||
| Common Stock | 34,670 | I | By Madeleine C. Payne GST Trust(8) | |||||||
|
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Explanation of Responses: |
| 1. These trades were executed pursuant to a mandatory sell-to-cover provision in the Reporting Person's underlying Restricted Stock Unit Agreement for the satisfaction of tax withholding obligations in connection with the vesting of restricted stock units and consequently do not represent discretionary trades by the Reporting Person. |
| 2. On October 7, 2025, the Reporting Person sold 16,115 shares in multiple trades at prices ranging from $21.815 to $22.81 per share. |
| 3. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the trades were effected. |
| 4. On October 7, 2025, the Reporting Person sold 9,916 shares in multiple trades at prices ranging from $22.84 to $23.755 per share. |
| 5. On October 8, 2025, the Reporting Person sold 21,581 shares in multiple trades at prices ranging from $21.79 to $22.785 per share. |
| 6. On October 8, 2025, the Reporting Person sold 4,979 shares in multiple trades at prices ranging from $22.79 to $23.09 per share. |
| 7. On October 9, 2025, the Reporting Person sold 31,481 shares in multiple trades at prices ranging from $21.85 to $22.82 per share. |
| 8. The Reporting Person is a trustee for each of Abigail McKenzie Goode Trust, Abigail Payne 2024 GST Trust, and Madeleine C. Payne GST Trust (together, the "Trusts"). The beneficiary of each of the Trusts is the Reporting Person or an immediate family member of the Reporting Person. As such, the Reporting Person may be deemed to beneficially own all of the shares held by the Trusts; however, the Reporting Person disclaims beneficial ownership of the shares held by the Trusts except to the extent of her pecuniary interest therein. |
| Remarks: |
| /s/ Ryan Clyde, attorney-in-fact | 10/09/2025 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||