Rubrik CFO sells 28,000 shares under 10b5-1 plan
Rubrik, Inc. Chief Financial Officer Kiran Kumar Choudary reported open-market sales of 28,000 shares of Class A Common Stock on July 15, 2026, at weighted-average prices within disclosed ranges, under a Rule 10b5-1 trading plan adopted April 15, 2026.
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Form Type
4
Rhea-AI Filing Summary
Rubrik, Inc. Chief Financial Officer Kiran Kumar Choudary reported open-market sales of 28,000 shares of Class A Common Stock on July 15, 2026, at weighted-average prices within disclosed ranges, under a Rule 10b5-1 trading plan adopted April 15, 2026. He also exercised and converted derivative awards relating to 36,000 shares, and now directly holds 984,073 Class A shares.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
12 txns
Insider
Choudary Kiran Kumar
Role
Chief Financial Officer
Sold
28,000 shs ($2.29M)
Approx. gross sale proceeds
$2.29M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F10 | 12,000 | $0.00 | $0.00 |
| Exercise | Class B Common Stock F11 | 12,000 | $0.00 | $0.00 |
| Conversion | Class B Common Stock F11 | 12,000 | $0.00 | $0.00 |
| Conversion | Class A Common Stock | 12,000 | $0.00 | $0.00 |
| Sale | Class A Common Stock F1, F2 | 15,600 | $80.15 | $1.25M |
| Sale | Class A Common Stock F1, F3 | 4,800 | $80.94 | $389K |
| Sale | Class A Common Stock F1, F4 | 1,200 | $82.27 | $99K |
| Sale | Class A Common Stock F1, F5 | 1,800 | $83.37 | $150K |
| Sale | Class A Common Stock F1, F6 | 400 | $85.15 | $34K |
| Sale | Class A Common Stock F1, F7 | 2,100 | $86.58 | $182K |
| Sale | Class A Common Stock F1, F8 | 1,000 | $87.35 | $87K |
| Sale | Class A Common Stock F1, F9 | 1,100 | $88.64 | $98K |
Holdings After Transaction:
Stock Option (Right to Buy) — 19,450 contracts (Direct);
Class B Common Stock — 0 contracts (Direct);
Class A Common Stock — 984,073 shares (Direct)
Footnotes (11)
- F1. This sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan, adopted April 15, 2026.
- F2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.61 to $80.60 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 reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.64 to $81.61 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.
- F4. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.70 to $82.60 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 $83.00 to $83.64 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 $84.64 to $85.53 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 $86.12 to $86.96 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 $87.20 to $88.13 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 $88.48 to $89.02 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. 1/4 of the shares subject to the option vested on August 20, 2019, and 1/48 of the shares vested monthly thereafter.
- F11. 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.
Key Figures
Shares sold: 28,000 shares
Sale price range: $79.61–$89.02 per share
Net buy/sell shares: -28,000 shares
+5 more
8 metrics
Shares sold
28,000 shares
Open-market sales of Class A Common Stock on 2026-07-15
Sale price range
$79.61–$89.02 per share
Ranges from weighted-average sale price footnotes for Class A stock
Net buy/sell shares
-28,000 shares
Net share change from reported buy and sell transactions
Shares held after transactions
1,012,073 shares
Class A Common Stock held directly after derivative conversion on 2026-07-15
Derivative shares exercised/converted
36,000 shares
Total underlying shares from derivative exercises and conversions (codes M and C)
Remaining stock options
19,450 options
Stock Option (Right to Buy) remaining after partial exercise on 2026-07-15
Option exercise price
$7.99 per share
Strike price of Stock Option (Right to Buy) expiring 2028-09-17
Option expiration date
2028-09-17
Expiration of Stock Option (Right to Buy) on Class B Common Stock
Key Terms
Rule 10b5-1 trading plan, weighted average price, Class B Common Stock, Stock Option (Right to Buy), +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"This sale reported on this Form 4 was 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. These shares were sold in multiple transactions"
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.
Class B Common Stock financial
"Each share of Class B Common Stock held by the Reporting Person will automatically convert into one share"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
Stock Option (Right to Buy) financial
"security_title": "Stock Option (Right to Buy)" with an exercise price of 7.9900"
amended and restated certificate of incorporation regulatory
"circumstances described in the Issuer's amended and restated certificate of incorporation"
A company’s amended and restated certificate of incorporation is an updated version of its foundational legal charter that replaces the older document and folds in all changes into one clear copy; it spells out corporate structure, classes of stock, shareholder rights and key governance rules. Investors care because it can change who controls the company, how votes are counted, what claims shareholders have on assets or dividends, and can introduce or remove protections against takeovers—like updating a house title after a major renovation to show who owns what and under what rules.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Rubrik (RBRK) CFO Kiran Kumar Choudary report in this Form 4?
CFO Kiran Kumar Choudary reported 28,000 Class A shares sold in open-market transactions and derivative activity involving 36,000 underlying shares. After these sales, conversions and exercises, he directly holds 1,012,073 shares of Rubrik Class A Common Stock.
Were the Rubrik (RBRK) CFO’s stock sales made under a Rule 10b5-1 plan?
Yes. A footnote states the sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted on April 15, 2026. Such pre-arranged plans allow executives to systematically sell shares according to preset instructions, regardless of later information or market conditions.
What derivative exercises did the Rubrik (RBRK) CFO disclose?
He reported exercises and conversions of derivatives covering 36,000 underlying shares, including a Stock Option (Right to Buy) with a $7.99 exercise price expiring on 2028-09-17. These activities converted or delivered Class B and Class A shares as described in the transaction table.
What Rubrik (RBRK) stock options does the CFO still hold?
After partially exercising a Stock Option (Right to Buy), the CFO continues to hold 19,450 options. These options carry a $7.99 per-share exercise price and an expiration date of 2028-09-17, with vesting details outlined in the accompanying footnotes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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