Rubrik (RBRK) CFO sells 20,000 shares after exercising options and converting stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rubrik, Inc. Chief Financial Officer Kiran Kumar Choudary reported option exercises, share conversions, and open-market sales of company stock. On February 18, 2026, he exercised stock options for 5,000 shares at a price of $0.00 per share, which were in the form of Class B Common Stock that then converted into 5,000 shares of Class A Common Stock.
On the same date, he sold a total of 20,000 shares of Class A Common Stock in multiple open-market transactions at reported weighted average prices of $52.55, $53.91, and $54.39 per share, under a Rule 10b5-1 trading plan adopted on October 15, 2025. Following these transactions, his directly held Class A Common Stock position was 474,959 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 20,000 shares ($1,083,445)
Net Sell
7 txns
Insider
Choudary Kiran Kumar
Role
Chief Financial Officer
Sold
20,000 shs ($1.08M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 5,000 | $0.00 | -- |
| Exercise | Class B Common Stock | 5,000 | $0.00 | -- |
| Conversion | Class B Common Stock | 5,000 | $0.00 | -- |
| Conversion | Class A Common Stock | 5,000 | $0.00 | -- |
| Sale | Class A Common Stock | 900 | $52.55 | $47K |
| Sale | Class A Common Stock | 5,623 | $53.91 | $303K |
| Sale | Class A Common Stock | 13,477 | $54.39 | $733K |
Holdings After Transaction:
Stock Option (Right to Buy) — 36,450 shares (Direct);
Class B Common Stock — 5,000 shares (Direct);
Class A Common Stock — 494,959 shares (Direct)
Footnotes (1)
- This sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan, adopted October 15, 2025. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.05 to $52.94 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.13 to $54.12 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.13 to $54.80 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.
FAQ
What insider transactions did Rubrik (RBRK) report for its CFO on February 18, 2026?
Rubrik’s CFO Kiran Kumar Choudary exercised stock options for 5,000 shares and converted Class B into Class A Common Stock, then sold 20,000 Class A shares in open-market transactions, as disclosed in a Form 4 insider trading report.
Was Rubrik (RBRK) CFO’s stock sale executed under a Rule 10b5-1 plan?
Yes. The Form 4 states the sale was effected under a Rule 10b5-1 trading plan adopted on October 15, 2025, indicating the transactions followed a pre-arranged schedule rather than discretionary, same-day trading decisions.
What option exercise did the Rubrik (RBRK) CFO report on the Form 4?
He exercised a stock option covering 5,000 shares at an exercise price of $0.00 per share. The related footnote explains the vesting schedule, with one quarter vesting on August 20, 2019, and the remainder vesting in equal monthly installments thereafter.