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Lightspeed funds report 4.8% Rubrik (RBRK) common stock stake

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Lightspeed-affiliated investment funds have updated their ownership disclosure in Rubrik, Inc. through a Schedule 13G/A (Amendment No. 3). As of December 31, 2025, the reporting entities collectively beneficially own 9,525,413 shares of Rubrik’s Class B common stock.

This stake represents 4.8% of Rubrik’s total common stock and 5.8% of the Class A common stock on an as-converted basis. The percentages are calculated using 200,141,545 total common shares outstanding as of November 30, 2025, including 151,894,462 Class A and 48,247,083 Class B shares, adjusted for conversions by the reporting funds.

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Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)






SCHEDULE 13G





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SCHEDULE 13G



Lightspeed Venture Partners IX, L.P.
Signature:/s/ Ravi Mhatre
Name/Title:See Note 1
Date:02/17/2026
Lightspeed General Partner IX, L.P.
Signature:/s/ Ravi Mhatre
Name/Title: By Lightspeed Ultimate General Partner IX, Ltd., its General Partner, By Ravi Mhatre, Director
Date:02/17/2026
Lightspeed Ultimate General Partner IX, Ltd.
Signature:/s/ Ravi Mhatre
Name/Title:By Ravi Mhatre, Director
Date:02/17/2026
Lightspeed SPV I, LLC
Signature:/s/ Ravi Mhatre
Name/Title:By LS SPV Management, LLC, its Manager, By Ravi Mhatre, Managing Member
Date:02/17/2026
Lightspeed SPV I-B, LLC
Signature:/s/ Ravi Mhatre
Name/Title:By LS SPV Management, LLC, its Manager, By Ravi Mhatre, Managing Member
Date:02/17/2026
Lightspeed SPV I-C, LLC
Signature:/s/ Ravi Mhatre
Name/Title:By LS SPV Management, LLC, its Manager, By Ravi Mhatre, Managing Member
Date:02/17/2026
LS SPV Management, LLC
Signature:/s/ Ravi Mhatre
Name/Title:By Ravi Mhatre, Managing Member
Date:02/17/2026
Lightspeed Venture Partners Select II, L.P.
Signature:/s/ Ravi Mhatre
Name/Title:See Note 2
Date:02/17/2026
Lightspeed General Partner Select II, L.P.
Signature:/s/ Ravi Mhatre
Name/Title:By Lightspeed Ultimate General Partner Select II, Ltd., its General Partner, By Ravi Mhatre, Director
Date:02/17/2026
Lightspeed Ultimate General Partner Select II, Ltd.
Signature:/s/ Ravi Mhatre
Name/Title:By Ravi Mhatre, Director
Date:02/17/2026
Lightspeed Venture Partners X, L.P.
Signature:/s/ Ravi Mhatre
Name/Title:See Note 3
Date:02/17/2026
Lightspeed General Partner X, L.P.
Signature:/s/ Ravi Mhatre
Name/Title:By Lightspeed Ultimate General Partner X, Ltd., its General Partner, By Ravi Mhatre, Director
Date:02/17/2026
Lightspeed Ultimate General Partner X, Ltd.
Signature:/s/ Ravi Mhatre
Name/Title:By Ravi Mhatre, Director
Date:02/17/2026
Lightspeed Management Company, L.L.C.
Signature:/s/ Ravi Mhatre
Name/Title:By Ravi Mhatre, Managing Member
Date:02/17/2026

Comments accompanying signature: Note 1: By Lightspeed General Partner IX, L.P., its General Partner, By Lightspeed Ultimate General Partner IX, Ltd., its General Partner, By Ravi Mhatre, Director Note 2: By Lightspeed General Partner Select II, L.P., its General Partner, By Lightspeed Ultimate General Partner Select II, Ltd., its General Partner, By Ravi Mhatre, Director Note 3: By Lightspeed General Partner X, L.P., its General Partner, By Lightspeed Ultimate General Partner X, Ltd., its General Partner, By Ravi Mhatre, Director
Exhibit Information

Exhibit 99.1 Joint Filing Agreement

FAQ

How much of Rubrik (RBRK) common stock do the Lightspeed entities beneficially own?

The Lightspeed reporting entities collectively beneficially own 9,525,413 shares of Rubrik Class B common stock. This position represents 4.8% of Rubrik’s total common stock and 5.8% of the Class A common stock on an as-converted basis, based on disclosed share counts.

What share counts did Rubrik (RBRK) disclose for calculating the Lightspeed ownership percentages?

Rubrik reported 200,141,545 total common shares outstanding, including 151,894,462 Class A shares and 48,247,083 Class B shares as of November 30, 2025. The filing then adjusts these figures for 3,276,798 additional Class A shares issued upon conversion of Class B stock held by the reporting entities.

Which Lightspeed funds and entities are listed as reporting persons for Rubrik (RBRK)?

The filing lists multiple Lightspeed entities, including Lightspeed Venture Partners IX, L.P., several SPV entities (SPV I, SPV I-B, SPV I-C), Lightspeed Venture Partners Select II, L.P., related general partners and ultimate general partners, and Lightspeed Management Company, L.L.C., all grouped as "Reporting Persons" for this ownership disclosure.

How are the Rubrik (RBRK) shares distributed among the main Lightspeed vehicles?

The ownership includes 4,162,362 Class B shares held by Lightspeed IX, 1,880,593 by Lightspeed SPV I, 1,480,133 by Lightspeed SPV I-B, 1,036,018 by Lightspeed SPV I-C, and 966,307 by Lightspeed Select II. Together these positions total 9,525,413 shares of Rubrik Class B common stock.

What percentage of Rubrik (RBRK) Class A common stock do the Lightspeed entities beneficially own?

The filing states the reporting persons collectively beneficially own 5.8% of Rubrik’s Class A common stock on an as-converted basis. This percentage reflects full conversion of the Class B shares they hold and adjustments for Class A shares issued following conversions after November 30, 2025.

What is the event date and form type for the Lightspeed ownership disclosure in Rubrik (RBRK)?

The ownership is reported on a Schedule 13G/A, identified as Amendment No. 3, with a Date of Event of December 31, 2025. This form is used to disclose beneficial ownership positions in Rubrik’s Class A common stock meeting certain regulatory thresholds.
Rubrik Inc

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