secwatch.observer — SEC 8-K summary
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Issuer:     SailPoint, Inc. (SAIL)
CIK:        0002030781
Form:       8-K
Filed at:   2025-02-19T23:59:59+00:00
Accession:  0001193125-25-029643
Event type: other_material
Sentiment:  positive
Materiality: 0.90
Item codes: 1.01, 3.03, 5.03, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2030781/000119312525029643/0001193125-25-029643-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2030781/000119312525029643/d825799d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-029643

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer