Lightspeed Partner Plans Stock Sale Following Rubrik's Recent NYSE Performance
Rhea-AI Filing Summary
Lightspeed General Partner Select II, L.P., an officer, director, and 10% stockholder of Rubrik, has filed a Form 144 notice for the proposed sale of 660 Class A shares with an aggregate market value of $57,453.46 on the NYSE, planned for June 27, 2025.
The securities were originally acquired through a private placement from the issuer on January 27, 2014, with cash payment. The filing reveals previous trading activity through Lightspeed Management Company LLC, which sold 13,213 Class A shares on April 15, 2025, for gross proceeds of $832,177.20.
The sale will be executed through Merrill Lynch in San Francisco. With 123,563,326 shares outstanding, this transaction represents a minimal portion of Rubrik's total shares. The filing includes the standard representation that the seller has no knowledge of undisclosed material adverse information regarding Rubrik's operations.
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