Rubrik director sells 721 shares at $89.52
Rhea-AI Filing Summary
Rubrik, Inc. (RBRK) director Yvonne Wassenaar reported an automatic conversion of 513 shares of Class B Common Stock into 513 shares of Class A Common Stock on September 3, 2026, followed by a sale of 721 Class A shares at $89.52 per share under a Rule 10b5-1 trading plan adopted December 15, 2025. After the conversion, 32,603 Class B shares remained held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
Wassenaar Yvonne
Role
Director
Sold
721 shs ($65K)
Approx. gross sale proceeds
$65K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock F2 | 513 | $0.00 | $0.00 |
| Conversion | Class A Common Stock | 513 | $0.00 | $0.00 |
| Sale | Class A Common Stock F1 | 721 | $89.52 | $65K |
Holdings After Transaction:
Class B Common Stock — 32,603 contracts (Direct);
Class A Common Stock — 3,709 shares (Direct)
Footnotes (2)
- F1. This sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan, adopted December 15, 2025.
- F2. 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: 721 shares
Sale price per Class A share: $89.52 per share
Class B shares converted: 513 shares
+3 more
6 metrics
Class A shares sold
721 shares
Sale of Class A Common Stock on September 3, 2026
Sale price per Class A share
$89.52 per share
Open-market or private sale on September 3, 2026
Class B shares converted
513 shares
Conversion of Class B into Class A on September 3, 2026
Class A shares received on conversion
513 shares
Underlying Class A Common Stock from Class B conversion
Class B shares held after transaction
32,603 shares
Direct Class B holdings following the conversion
Rule 10b5-1 plan adoption date
December 15, 2025
Plan governing the reported sale transaction
Key Terms
Rule 10b5-1 trading plan, Class B Common Stock, Class A Common Stock, amended and restated certificate of incorporation
4 terms
Rule 10b5-1 trading plan regulatory
"This sale ... 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.
Class B Common Stock financial
"Each share of Class B Common Stock held by the Reporting Person"
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.
Class A Common Stock financial
"convert into one share of Class A Common Stock upon the sale"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
amended and restated certificate of incorporation regulatory
"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
What insider transactions did Rubrik (RBRK) director Yvonne Wassenaar report?
Yvonne Wassenaar reported converting 513 Class B shares into 513 Class A shares and then selling 721 Class A shares at $89.52 per share on September 3, 2026. The conversion and sale were disclosed in a Form 4 filing.
Was the Rubrik (RBRK) insider sale made under a Rule 10b5-1 plan?
Yes. The filing states the sale was effected pursuant to a Rule 10b5-1 trading plan that was adopted on December 15, 2025, indicating the sale followed a pre-arranged trading schedule.
AI-generated analysis. How Rhea-AI works. Not financial advice.
