---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-029643"
form_type: "8-K"
ticker: "SAIL"
cik: "0002030781"
company_name: "SailPoint, Inc."
filed_at: "2025-02-19T23:59:59+00:00"
generated_at: "2026-05-26T12:34:58.198149+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# SailPoint completes 60M share IPO at $23; closes Feb 14, 2025

## Summary
- Offered 57.5M shares by company + 2.5M by selling stockholders at $23.00/share; underwriters have 30-day option for 9M more.
- Converted from Delaware LP to corporation; filed certificate of incorporation and bylaws effective Feb 12, 2025.
- Entered Director Designation Agreement with Thoma Bravo granting board seats based on ownership thresholds.
- Adopted Omnibus Incentive Plan and Employee Stock Purchase Plan in connection with IPO.
- Entered indemnification agreements with all directors and executive officers.

## SEC filing metadata
- accession: 0001193125-25-029643
- form_type: 8-K
- ticker: SAIL
- cik: 0002030781
- company_name: SailPoint, Inc.
- filed_at: 2025-02-19T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 3.03, 5.03, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2030781/000119312525029643/0001193125-25-029643-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2030781/000119312525029643/d825799d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-029643
- JSON: https://secwatch.observer/filing/0001193125-25-029643.json
- Plain text: https://secwatch.observer/filing/0001193125-25-029643.txt

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