Rubrik (RBRK) CFO has 13,995 shares withheld for tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rubrik, Inc.’s Chief Financial Officer Kiran Kumar Choudary reported an automatic share withholding related to equity compensation. On the reported date, 13,995 shares of Class A Common Stock were disposed of at $69.79 per share to cover tax obligations or exercise costs. After this tax-withholding disposition, he held 1,000,073 shares directly, indicating he retained a large ongoing equity stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Choudary Kiran Kumar
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 13,995 | $69.79 | $977K |
Holdings After Transaction:
Class A Common Stock — 1,000,073 shares (Direct, null)
Footnotes (1)
Key Figures
Shares withheld for taxes: 13,995 shares
Withholding price: $69.79 per share
Shares owned after transaction: 1,000,073 shares
3 metrics
Shares withheld for taxes
13,995 shares
Class A Common Stock, code F tax-withholding disposition
Withholding price
$69.79 per share
Price applied to 13,995 shares delivered
Shares owned after transaction
1,000,073 shares
Direct holdings after tax-withholding disposition
Key Terms
tax-withholding disposition, Class A Common Stock, Form 4
3 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for 13,995 shares"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Class A Common Stock financial
"security_title is listed as "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Form 4 regulatory
"INSIDER FILING DATA (Form 4) for Rubrik, Inc."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Rubrik (RBRK) report for its CFO?
Rubrik’s CFO Kiran Kumar Choudary reported a tax-related share disposition. On the transaction date, 13,995 Class A shares were withheld at $69.79 per share, as payment of exercise price or tax liability, rather than an open-market sale.
Was the Rubrik CFO’s Form 4 transaction an open-market sale?
No. The Form 4 lists the transaction under code F, described as payment of exercise price or tax liability by delivering securities. This means shares were withheld for taxes or exercise costs, not actively sold on the open market for discretionary liquidity.
What does transaction code F mean in Rubrik’s Form 4 filing?
Transaction code F indicates a tax-withholding disposition. In Rubrik’s case, 13,995 shares were delivered at $69.79 per share to pay exercise price or tax liabilities, making this a mechanistic compensation-related event rather than a traditional buy or sell trade.