STOCK TITAN

[Form 4] Rubrik, Inc. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Rubrik, Inc. (RBRK) – Form 4 insider activity: Chief Technology Officer and director Arvind Nithrakashyap reported transactions dated 06/17/2025. He converted 81,250 Class B shares/RSUs into Class A shares at no cost and sold 43,128 Class A shares at an average price of $88.5629, a sale valued at roughly $3.8 million. The sale was executed under the company’s mandatory sell-to-cover policy to satisfy tax withholding generated by the RSU vesting.

After the transactions, the reporting person directly owns 10,330,945 Class A shares and indirectly owns 200,000 Class A shares via a family trust, in addition to 38,122 recently acquired Class A shares. Overall ownership remains above 10.5 million shares, indicating continued insider alignment. No other derivative grants were issued; activity reflects routine vesting and tax-related dispositions.

Rubrik, Inc. (RBRK) – Attività insider Form 4: Il Chief Technology Officer e direttore Arvind Nithrakashyap ha riportato transazioni datate 17/06/2025. Ha convertito 81.250 azioni/RSU di Classe B in azioni di Classe A senza alcun costo e ha venduto 43.128 azioni di Classe A a un prezzo medio di 88,5629 $, per un valore di circa 3,8 milioni di dollari. La vendita è stata effettuata secondo la politica obbligatoria di vendita per coprire le tasse dovute dal conferimento delle RSU.

Dopo le transazioni, la persona che ha effettuato la segnalazione possiede direttamente 10.330.945 azioni di Classe A e possiede indirettamente 200.000 azioni di Classe A tramite un trust familiare, oltre a 38.122 azioni di Classe A recentemente acquisite. La proprietà complessiva rimane superiore a 10,5 milioni di azioni, a indicare un continuo allineamento degli insider. Non sono stati emessi altri derivati; l’attività riflette il normale conferimento e le operazioni fiscali correlate.

Rubrik, Inc. (RBRK) – Actividad insider Formulario 4: El Director de Tecnología y director Arvind Nithrakashyap reportó transacciones fechadas el 17/06/2025. Convirtió 81,250 acciones/RSU de Clase B en acciones de Clase A sin costo y vendió 43,128 acciones de Clase A a un precio promedio de $88.5629, una venta valorada en aproximadamente $3.8 millones. La venta se realizó conforme a la política obligatoria de vender para cubrir impuestos generados por la consolidación de las RSU.

Tras las transacciones, la persona reportante posee directamente 10,330,945 acciones de Clase A y posee indirectamente 200,000 acciones de Clase A a través de un fideicomiso familiar, además de 38,122 acciones de Clase A adquiridas recientemente. La propiedad total permanece por encima de los 10.5 millones de acciones, lo que indica un alineamiento continuo de los insiders. No se emitieron otras concesiones derivadas; la actividad refleja la consolidación rutinaria y disposiciones relacionadas con impuestos.

Rubrik, Inc. (RBRK) – Form 4 내부자 거래 활동: 최고기술책임자(CTO) 겸 이사인 Arvind Nithrakashyap가 2025년 6월 17일자 거래를 보고했습니다. 그는 81,250주의 클래스 B 주식/RSU를 비용 없이 클래스 A 주식으로 전환하고, 43,128주의 클래스 A 주식을 평균 가격 $88.5629에 매도했으며, 이번 매도는 약 380만 달러에 달합니다. 이 매도는 RSU 베스팅으로 인해 발생한 세금 원천징수를 충당하기 위한 회사의 필수 매도 정책에 따라 이루어졌습니다.

거래 후 보고자는 직접적으로 10,330,945주의 클래스 A 주식을 보유하고 있으며, 가족 신탁을 통해 간접적으로 200,000주의 클래스 A 주식을 보유하고, 최근 취득한 38,122주의 클래스 A 주식도 보유 중입니다. 전체 소유 주식은 1,050만 주 이상으로 내부자와의 지속적인 이해관계 일치를 나타냅니다. 다른 파생 상품 부여는 없었으며, 이번 활동은 일상적인 베스팅 및 세금 관련 처분을 반영합니다.

Rubrik, Inc. (RBRK) – Activité des initiés Formulaire 4 : Le directeur technique et administrateur Arvind Nithrakashyap a déclaré des transactions datées du 17/06/2025. Il a converti 81 250 actions/RSU de Classe B en actions de Classe A sans frais et a vendu 43 128 actions de Classe A à un prix moyen de 88,5629 $, une vente d’une valeur d’environ 3,8 millions de dollars. La vente a été réalisée conformément à la politique obligatoire de vente pour couvrir les impôts générés par l’acquisition des RSU.

Après ces transactions, la personne déclarante possède directement 10 330 945 actions de Classe A et possède indirectement 200 000 actions de Classe A via un trust familial, en plus de 38 122 actions de Classe A récemment acquises. La propriété globale reste supérieure à 10,5 millions d’actions, ce qui témoigne d’un alignement continu des initiés. Aucune autre attribution dérivée n’a été émise ; l’activité reflète un vesting habituel et des dispositions liées à la fiscalité.

Rubrik, Inc. (RBRK) – Insider-Aktivitäten gemäß Formular 4: Chief Technology Officer und Direktor Arvind Nithrakashyap meldete Transaktionen vom 17.06.2025. Er wandelte 81.250 Class-B-Aktien/RSUs kostenlos in Class-A-Aktien um und verkaufte 43.128 Class-A-Aktien zu einem Durchschnittspreis von 88,5629 $, ein Verkauf im Wert von etwa 3,8 Millionen Dollar. Der Verkauf erfolgte im Rahmen der verpflichtenden Sell-to-Cover-Richtlinie des Unternehmens zur Begleichung der durch die RSU-Vesting entstehenden Steuerabzüge.

Nach den Transaktionen besitzt die meldende Person direkt 10.330.945 Class-A-Aktien und indirekt 200.000 Class-A-Aktien über einen Familientrust sowie zusätzlich 38.122 kürzlich erworbene Class-A-Aktien. Die Gesamtbeteiligung bleibt über 10,5 Millionen Aktien und zeigt eine fortgesetzte Insider-Ausrichtung. Es wurden keine weiteren derivativen Zuteilungen ausgegeben; die Aktivitäten spiegeln routinemäßiges Vesting und steuerbedingte Veräußerungen wider.

Positive
  • Insider retains over 10.5 million Class A shares, indicating continued long-term alignment with shareholders.
Negative
  • 43,128 shares sold at $88.5629 could be interpreted as minor insider selling, though stated as tax-related.

Insights

TL;DR: Routine RSU vesting; small tax-related sale, insider still holds >10 M shares – neutral market impact.

The conversion of 81,250 RSUs and subsequent automatic conversion of Class B to Class A shares are expected under Rubrik’s equity plan. The $3.8 million sell-to-cover represents ≈0.4 % of the insider’s total stake, leaving his economic exposure largely intact. No option exercises, new grants, or unusual codes appear. Given the modest size relative to daily trading volume and the stated tax motive, I view the disclosure as not materially price-moving.

TL;DR: Filing shows compliant Rule 10b5-1/tax procedures; governance posture unchanged.

Nithrakashyap’s sale follows the company’s mandatory sell-to-cover rule, reducing potential perception of opportunistic trading. The ongoing large ownership (>10 M shares) maintains vote concentration but also signals commitment. There are no red flags such as unusual trading windows or multiple insiders selling simultaneously. Overall corporate-governance risk profile remains stable.

Rubrik, Inc. (RBRK) – Attività insider Form 4: Il Chief Technology Officer e direttore Arvind Nithrakashyap ha riportato transazioni datate 17/06/2025. Ha convertito 81.250 azioni/RSU di Classe B in azioni di Classe A senza alcun costo e ha venduto 43.128 azioni di Classe A a un prezzo medio di 88,5629 $, per un valore di circa 3,8 milioni di dollari. La vendita è stata effettuata secondo la politica obbligatoria di vendita per coprire le tasse dovute dal conferimento delle RSU.

Dopo le transazioni, la persona che ha effettuato la segnalazione possiede direttamente 10.330.945 azioni di Classe A e possiede indirettamente 200.000 azioni di Classe A tramite un trust familiare, oltre a 38.122 azioni di Classe A recentemente acquisite. La proprietà complessiva rimane superiore a 10,5 milioni di azioni, a indicare un continuo allineamento degli insider. Non sono stati emessi altri derivati; l’attività riflette il normale conferimento e le operazioni fiscali correlate.

Rubrik, Inc. (RBRK) – Actividad insider Formulario 4: El Director de Tecnología y director Arvind Nithrakashyap reportó transacciones fechadas el 17/06/2025. Convirtió 81,250 acciones/RSU de Clase B en acciones de Clase A sin costo y vendió 43,128 acciones de Clase A a un precio promedio de $88.5629, una venta valorada en aproximadamente $3.8 millones. La venta se realizó conforme a la política obligatoria de vender para cubrir impuestos generados por la consolidación de las RSU.

Tras las transacciones, la persona reportante posee directamente 10,330,945 acciones de Clase A y posee indirectamente 200,000 acciones de Clase A a través de un fideicomiso familiar, además de 38,122 acciones de Clase A adquiridas recientemente. La propiedad total permanece por encima de los 10.5 millones de acciones, lo que indica un alineamiento continuo de los insiders. No se emitieron otras concesiones derivadas; la actividad refleja la consolidación rutinaria y disposiciones relacionadas con impuestos.

Rubrik, Inc. (RBRK) – Form 4 내부자 거래 활동: 최고기술책임자(CTO) 겸 이사인 Arvind Nithrakashyap가 2025년 6월 17일자 거래를 보고했습니다. 그는 81,250주의 클래스 B 주식/RSU를 비용 없이 클래스 A 주식으로 전환하고, 43,128주의 클래스 A 주식을 평균 가격 $88.5629에 매도했으며, 이번 매도는 약 380만 달러에 달합니다. 이 매도는 RSU 베스팅으로 인해 발생한 세금 원천징수를 충당하기 위한 회사의 필수 매도 정책에 따라 이루어졌습니다.

거래 후 보고자는 직접적으로 10,330,945주의 클래스 A 주식을 보유하고 있으며, 가족 신탁을 통해 간접적으로 200,000주의 클래스 A 주식을 보유하고, 최근 취득한 38,122주의 클래스 A 주식도 보유 중입니다. 전체 소유 주식은 1,050만 주 이상으로 내부자와의 지속적인 이해관계 일치를 나타냅니다. 다른 파생 상품 부여는 없었으며, 이번 활동은 일상적인 베스팅 및 세금 관련 처분을 반영합니다.

Rubrik, Inc. (RBRK) – Activité des initiés Formulaire 4 : Le directeur technique et administrateur Arvind Nithrakashyap a déclaré des transactions datées du 17/06/2025. Il a converti 81 250 actions/RSU de Classe B en actions de Classe A sans frais et a vendu 43 128 actions de Classe A à un prix moyen de 88,5629 $, une vente d’une valeur d’environ 3,8 millions de dollars. La vente a été réalisée conformément à la politique obligatoire de vente pour couvrir les impôts générés par l’acquisition des RSU.

Après ces transactions, la personne déclarante possède directement 10 330 945 actions de Classe A et possède indirectement 200 000 actions de Classe A via un trust familial, en plus de 38 122 actions de Classe A récemment acquises. La propriété globale reste supérieure à 10,5 millions d’actions, ce qui témoigne d’un alignement continu des initiés. Aucune autre attribution dérivée n’a été émise ; l’activité reflète un vesting habituel et des dispositions liées à la fiscalité.

Rubrik, Inc. (RBRK) – Insider-Aktivitäten gemäß Formular 4: Chief Technology Officer und Direktor Arvind Nithrakashyap meldete Transaktionen vom 17.06.2025. Er wandelte 81.250 Class-B-Aktien/RSUs kostenlos in Class-A-Aktien um und verkaufte 43.128 Class-A-Aktien zu einem Durchschnittspreis von 88,5629 $, ein Verkauf im Wert von etwa 3,8 Millionen Dollar. Der Verkauf erfolgte im Rahmen der verpflichtenden Sell-to-Cover-Richtlinie des Unternehmens zur Begleichung der durch die RSU-Vesting entstehenden Steuerabzüge.

Nach den Transaktionen besitzt die meldende Person direkt 10.330.945 Class-A-Aktien und indirekt 200.000 Class-A-Aktien über einen Familientrust sowie zusätzlich 38.122 kürzlich erworbene Class-A-Aktien. Die Gesamtbeteiligung bleibt über 10,5 Millionen Aktien und zeigt eine fortgesetzte Insider-Ausrichtung. Es wurden keine weiteren derivativen Zuteilungen ausgegeben; die Aktivitäten spiegeln routinemäßiges Vesting und steuerbedingte Veräußerungen wider.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Nithrakashyap Arvind

(Last) (First) (Middle)
C/O RUBRIK INC.
3495 DEER CREEK ROAD

(Street)
PALO ALTO CA 94304

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Rubrik, Inc. [ RBRK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Technology Officer
3. Date of Earliest Transaction (Month/Day/Year)
06/17/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 06/17/2025 C 81,250 A $0 81,250 D
Class A Common Stock 06/17/2025 S 43,128(1) D $88.5629 38,122 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit (2) 06/17/2025 M 81,250 (3) 08/07/2029 Class B Common Stock 81,250 $0 121,875 D
Class B Common Stock (4) 06/17/2025 M 81,250 (4) (4) Class A Common Stock 81,250 $0 10,412,195 D
Class B Common Stock (4) 06/17/2025 C 81,250 (4) (4) Class A Common Stock 81,250 $0 10,330,945 D
Class B Common Stock (4) (4) (4) Class A Common Stock 200,000 200,000 I By Arvind Nithrakashyap, as Trustee of the Nithrakashyap/Chatterjee Revocable Trust(5)
Explanation of Responses:
1. This sale reported on this Form 4 was effected pursuant to the Issuer's policy requiring sell-to-cover to satisfy certain tax obligations of the Reporting Person incurred with the vesting and settlement of certain Restricted Stock Units (RSUs).
2. Each RSU represents a contingent right to receive one share of Class B Common Stock.
3. The shares of Class B Common Stock are to be acquired upon the vesting of an RSU award previously granted to the Reporting Person. The RSUs shall vest as follows: 1/16 of the shares subject to the RSU vest in sixteen equal quarterly installments measured from January 27, 2022 and the Issuer's achievement of a specified average price per share prior to the earlier of (i) the five year anniversary of the effectiveness of the registration statement on Form S-1 filed by the Issuer in connection with the Issuer's initial public offering and (ii) the expiration of the RSU award, subject to the Reporting Person continuing to have a Service Relationship (as defined in the Issuer's Amended and Restated 2014 Stock Option and Grant Plan) as a full time employee of the Issuer on each such date.
4. Each share of Class B Common Stock held by the Reporting Person will automatically convert into one share of Class A Common Stock upon the sale or transfer of such share of Class B Common Stock, subject to certain exceptions, and in certain other circumstances described in the Issuer's amended and restated certificate of incorporation. Each share of Class B Common Stock is also convertible at any time at the option of the Reporting Person into one share of Class A Common Stock.
5. The shares are held of record by Arvind Nithrakashyap, as Trustee of the Nithrakashyap/Chatterjee Revocable Trust, for which the Reporting Person serves as trustee and shares voting and dispositive power with his spouse.
/s/ Larry Guo, Attorney-in-Fact 06/20/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many Rubrik (RBRK) shares did the CTO sell on 06/17/2025?

He sold 43,128 Class A shares at an average price of $88.5629.

What was the reason for the insider sale disclosed in Rubrik’s Form 4?

The sale was a sell-to-cover transaction to cover tax obligations from RSU vesting.

How many shares does Arvind Nithrakashyap now own after the transactions?

He directly holds 10,330,945 Class A shares and indirectly holds 200,000 Class A shares via a trust.

Did the insider receive new options or grants in this filing?

No new grants were issued; the filing only reports vesting and conversion of existing RSUs.

What type of stock was converted in the Form 4 filing?

81,250 Restricted Stock Units of Class B Common Stock were converted into Class A shares.
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