Rubrik director John Wendell Thompson sells 13,500 shares
The sales followed a Rule 10b5-1 trading plan adopted October 6, 2025, alongside an option exercise at $4.38 per share.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Rubrik, Inc. director John Wendell Thompson reported sales of 13,500 Class A Common Stock shares on November 2, 2026, at reported prices from $114.55 to $122.82 per share. The sales were made under a Rule 10b5-1 trading plan adopted October 6, 2025; 2,500 shares were held by John and Sandra Thompson Trust.
He also exercised options for 11,000 shares at $4.38 per share. The 11,000 Class B shares acquired were converted into Class A shares, and the reported post-exercise option position was 44,946 shares.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
18 txns
Insider
THOMPSON JOHN WENDELL
Role
Director
Sold
13,500 shs ($1.58M)
Approx. gross sale proceeds
$1.58M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F16 | 11,000 | $0.00 | $0.00 |
| Exercise | Class B Common Stock F17 | 11,000 | -- | -- |
| Conversion | Class B Common Stock F17 | 11,000 | -- | -- |
| Sale | Class A Common Stock F1, F2, F3 | 700 | $114.62 | $80K |
| Sale | Class A Common Stock F1, F4, F3 | 500 | $116.12 | $58K |
| Sale | Class A Common Stock F1, F5, F3 | 500 | $117.91 | $59K |
| Sale | Class A Common Stock F1, F6, F3 | 300 | $118.79 | $36K |
| Sale | Class A Common Stock F1, F7, F3 | 400 | $120.04 | $48K |
| Sale | Class A Common Stock F1, F3 | 100 | $122.82 | $12K |
| Conversion | Class A Common Stock | 11,000 | $0.00 | $0.00 |
| Sale | Class A Common Stock F1, F8 | 2,925 | $114.55 | $335K |
| Sale | Class A Common Stock F1, F9 | 875 | $115.64 | $101K |
| Sale | Class A Common Stock F1, F10 | 1,600 | $116.52 | $186K |
| Sale | Class A Common Stock F1, F11 | 1,100 | $117.62 | $129K |
| Sale | Class A Common Stock F1, F12 | 1,700 | $118.73 | $202K |
| Sale | Class A Common Stock F1, F13 | 1,900 | $119.65 | $227K |
| Sale | Class A Common Stock F1, F14 | 700 | $120.43 | $84K |
| Sale | Class A Common Stock F1, F15 | 200 | $122.37 | $24K |
| Holding | Class B Common Stock F17, F3 | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 44,946 contracts (Direct);
Class B Common Stock — 50,001 contracts (Direct);
Class A Common Stock — 2,500 shares (Indirect, By John and Sandra Thompson Trust);
Class A Common Stock — 8,362 shares (Direct);
Class B Common Stock — 815,338 contracts (Indirect, By John and Sandra Thompson Trust)
Footnotes (17)
- F1. This sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan, adopted October 6, 2025.
- F2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $114.40 to $114.89 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.
- F3. The shares are held of record by John and Sandra Thompson Trust, for which the Reporting Person serves as a co-trustee and shares voting and dispositive power with his spouse.
- F4. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $115.87 to $116.58 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.
- F5. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $117.44 to $118.25 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.
- F6. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $118.47 to $119.44 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.
- F7. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $119.69 to $120.36 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.
- F8. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $114.04 to $115.01 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.
- F9. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $115.10 to $116.03 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.
- F10. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $116.20 to $117.09 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.
- F11. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $117.22 to $118.12 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.
- F12. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $118.24 to $119.22 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.
- F13. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $119.24 to $120.19 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.
- F14. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $120.265 to $120.82 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.
- F15. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $121.92 to $122.82 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.
- F16. Fully vested.
- F17. 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 and has no expiration date.
Key Figures
Class A shares sold: 13,500 shares
Reported sale prices: $114.55 to $122.82 per share
Options exercised: 11,000 shares
+3 more
6 metrics
Class A shares sold
13,500 shares
Reported sales on November 2, 2026
Reported sale prices
$114.55 to $122.82 per share
Sales on November 2, 2026
Options exercised
11,000 shares
November 2, 2026
Exercise price
$4.38 per share
Options exercised on November 2, 2026
Class B shares converted to Class A
11,000 shares
Conversion reported on November 2, 2026
Option shares following exercise
44,946 shares
Reported position after the November 2, 2026 exercise
Key Terms
Rule 10b5-1 trading plan, weighted average price, Fully vested, convertible
4 terms
Rule 10b5-1 trading plan regulatory
"sale ... effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The reported price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Fully vested technical
"Fully vested."
convertible technical
"will also be convertible at any time at the option of the Reporting Person"
A convertible is a type of investment that starts as a loan or preferred stake (like a bond or preferred share) but can be exchanged for common shares of the company at a set price or under certain conditions. It matters to investors because it offers a mix of steady income and downside protection like a loan, plus the upside of stock ownership if the company does well—similar to holding a coupon that you can trade for a full ticket if the event becomes valuable.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What options did John Wendell Thompson exercise?
He exercised options for 11,000 shares at $4.38 per share on November 2, 2026. The acquired Class B shares were converted into Class A shares, and the reported post-exercise option position was 44,946 shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
