STOCK TITAN

Lightspeed Partner Plans Stock Sale Following Rubrik's Recent NYSE Performance

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

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.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

How many shares of RBRK stock is Lightspeed General Partner Select II, L.P. planning to sell?

According to the Form 144 filing, Lightspeed General Partner Select II, L.P. is planning to sell 660 shares of RBRK Class A common stock through Merrill Lynch, with an aggregate market value of $57,453.46.

When did Lightspeed acquire the RBRK shares being sold in this Form 144?

The shares were acquired on January 27, 2014 through a private placement directly from the issuer (Rubrik, Inc.). The acquisition was made with cash payment on the same date.

What previous sales of RBRK stock has Lightspeed made in the past 3 months?

According to the filing, Lightspeed Management Company LLC sold 13,213 shares of RBRK Class A stock on April 15, 2025, generating gross proceeds of $832,177.20.

What is Lightspeed's relationship to RBRK according to the Form 144?

The filing indicates that Lightspeed General Partner Select II, L.P. has multiple relationships with Rubrik, Inc. (RBRK): they are listed as an Officer, Director, and 10% Stockholder of the company.

How many total shares of RBRK are outstanding as of this Form 144 filing?

According to the Form 144 filing dated June 28, 2025, Rubrik, Inc. (RBRK) has 123,563,326 shares outstanding.