---
schema_version: "secwatch.filing_event.v1"
accession: "0001169561-23-000010"
form_type: "8-K"
ticker: "CVLT"
cik: "0001169561"
company_name: "COMMVAULT SYSTEMS INC"
filed_at: "2023-01-31T23:59:59+00:00"
generated_at: "2026-06-20T05:01:06.785709+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "low"
source: SEC EDGAR
---

# Commvault sells HQ for $40M, issues Q3 earnings release (details not in filing text)

## Summary
- Sale of One Commvault Way, Tinton Falls, NJ to Ashling Development for $40M.
- Closing expected in H1 fiscal 2024; Commvault plans to lease back a portion.
- Q3 FY2023 earnings press released furnished; specific financials unavailable from filing.

## SEC filing metadata
- accession: 0001169561-23-000010
- form_type: 8-K
- ticker: CVLT
- cik: 0001169561
- company_name: COMMVAULT SYSTEMS INC
- filed_at: 2023-01-31T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: low
- sec_items: 1.01, 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1169561/000116956123000010/0001169561-23-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1169561/000116956123000010/cvlt-20230131.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001169561-23-000010
- JSON: https://secwatch.observer/filing/0001169561-23-000010.json
- Plain text: https://secwatch.observer/filing/0001169561-23-000010.txt

## Key facts
- Earnings Releases
  COMMVAULT SYSTEMS INC reported financial results for third fiscal quarter ended December 31, 2022.
  - Period: third fiscal quarter ended December 31, 2022
  - Result: reported results
  source text: Item 2.02 Results of Operations and Financial Condition On January 31, 2023, Commvault issued a press release announcing its results for its third fiscal quarter ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1169561/000116956123000010/0001169561-23-000010-index.htm
- Material Agreements
  COMMVAULT SYSTEMS INC entered into Purchase and Sale Agreement with Ashling Development, LLC valued at $40,000,000 (effective 2023-01-31).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Ashling Development, LLC
  - Value: $40,000,000
  - Effective: 2023-01-31
  source text: On January 31, 2023 Commvault System, Inc. (“Commvault”) and Ashling Development, LLC entered into a Purchase and Sale Agreement (the “Agreement”) for the sale of Commvault’s corporate headquarters located at One Commvault Way, Tinton Falls, New Jersey (the “Premises”) for a purchase price of $40,000,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1169561/000116956123000010/0001169561-23-000010-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.