RBRK CFO Form 4: 3,500-share sale and 2,000 option exercise
Rhea-AI Filing Summary
Rubrik (RBRK) insider activity: The Chief Financial Officer reported transactions on 11/05/2025. The filing shows an option exercise of 2,000 shares (Code M) originally tied to Class B stock at a $7.99 exercise price, followed by automatic conversions to Class A (Code C). The CFO then sold 3,500 shares of Class A (Code S) at a weighted average price of $72.29 pursuant to a Rule 10b5-1 trading plan adopted on January 15, 2025. Following these transactions, the officer directly beneficially owned 510,551 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insights
Routine Form 4: small sale under a 10b5-1 plan.
The CFO exercised 2,000 options at an exercise price of $7.99, with the resulting Class B shares converting into Class A under the company’s dual‑class structure. The officer also sold 3,500 Class A shares at a weighted average of $72.29, disclosed as executed under a Rule 10b5-1 plan adopted on January 15, 2025.
The footnotes state prices ranged from $72.04 to $72.59 and outline the automatic one‑for‑one conversion mechanics between Class B and Class A. Post‑trade direct beneficial ownership is 510,551 Class A shares. These are standard administrative transactions; actual market impact depends on holder decisions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 2,000 | $0.00 | -- |
| Exercise | Class B Common Stock | 2,000 | $0.00 | -- |
| Conversion | Class B Common Stock | 2,000 | $0.00 | -- |
| Conversion | Class A Common Stock | 2,000 | $0.00 | -- |
| Sale | Class A Common Stock | 3,500 | $72.29 | $253K |
Footnotes (1)
- This sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan, adopted January 15, 2025. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.04 to $72.59 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separated price within the range set forth in this footnote. 1/4 of the shares subject to the option vested on August 20, 2019, and 1/48 of the shares vested monthly thereafter. 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 will also be convertible at any time at the option of the Reporting Person into one share of Class A Common Stock.
