Revolve Group (NYSE: RVLV) 10% holder MMMK Development sells shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MMMK Development, Inc., a 10% owner of Revolve Group, Inc., reported pre-planned sales of Class A common stock following conversions of Class B shares. On February 11, 2026, it converted 15,645 Class B shares into Class A at $0 and sold 15,645 Class A shares at a weighted-average price of $26.13. On February 12, 2026, it converted 1,948 Class B shares into Class A at $0 and sold 1,948 Class A shares at a weighted-average price of $25.93. The transactions were executed under a Rule 10b5-1 trading plan adopted on May 29, 2025, and left MMMK Development with 30,123,819 Class B shares beneficially owned directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 17,593 shares ($459,315)
Net Sell
6 txns
Insider
MMMK Development, Inc.
Role
10% Owner
Sold
17,593 shs ($459K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 1,948 | $0.00 | -- |
| Conversion | Class A Common Stock | 1,948 | $0.00 | -- |
| Sale | Class A Common Stock | 1,948 | $25.93 | $51K |
| Conversion | Class B Common Stock | 15,645 | $0.00 | -- |
| Conversion | Class A Common Stock | 15,645 | $0.00 | -- |
| Sale | Class A Common Stock | 15,645 | $26.13 | $409K |
Holdings After Transaction:
Class B Common Stock — 30,123,819 shares (Direct);
Class A Common Stock — 1,948 shares (Direct)
Footnotes (1)
- Shares of Class B common stock are convertible into an equal number of shares of Class A common stock at any time, at the election of the holder, and have no expiration date. On the dates indicated above, the reporting person sold the number of shares of Class B common stock indicated above, resulting in the automatic conversion of such shares into an equal number of shares of Class A common stock. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 29, 2025. The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $25.86 to $26.83, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein. The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $25.86 to $26.10, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.