Revolve Group, Inc. (RVLV) insider entity converts Class B and sells Class A stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Revolve Group, Inc. insider activity centers on an entity associated with co-CEO Michael Karanikolas. Over January 7–9, 2026, MMMK Development, Inc., an entity where he has shared voting and dispositive power, converted blocks of Class B common stock into equal amounts of Class A shares at a conversion price of $0 and immediately sold those Class A shares.
The sales were executed under a Rule 10b5-1 trading plan adopted on May 29, 2025. On January 7, 72,337 Class A shares were sold at a weighted-average price of $31.16 per share in trades ranging from $30.86–$31.56. On January 8, 52,864 shares were sold at a weighted-average price of $31.32 in a $31.02–$31.58 range. On January 9, 64,655 shares were sold at a weighted-average price of $30.66 and a further 4,340 shares at $31.05, with trade ranges of $29.95–$30.94 and $30.95–$31.215, respectively. Separately, Karanikolas reports 123,000 Class A shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 194,196 shares ($6,026,801)
Net Sell
11 txns
Insider
Karanikolas Michael
Role
CO-CHIEF EXECUTIVE OFFICER
Sold
194,196 shs ($6.03M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 68,995 | $0.00 | -- |
| Conversion | Class A Common Stock | 68,995 | $0.00 | -- |
| Sale | Class A Common Stock | 64,655 | $30.66 | $1.98M |
| Sale | Class A Common Stock | 4,340 | $31.05 | $135K |
| holding | Class A Common Stock | -- | -- | -- |
| Conversion | Class B Common Stock | 52,864 | $0.00 | -- |
| Conversion | Class A Common Stock | 52,864 | $0.00 | -- |
| Sale | Class A Common Stock | 52,864 | $31.32 | $1.66M |
| Conversion | Class B Common Stock | 72,337 | $0.00 | -- |
| Conversion | Class A Common Stock | 72,337 | $0.00 | -- |
| Sale | Class A Common Stock | 72,337 | $31.16 | $2.25M |
Holdings After Transaction:
Class B Common Stock — 30,280,422 shares (Indirect, By MMMK Development, Inc.);
Class A Common Stock — 68,995 shares (Indirect, By MMMK Development, Inc.);
Class A Common Stock — 123,000 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 reporting person is a stockholder of MMMK Development, Inc. and has shared voting and dispositive power over the shares held by MMMK Development, Inc. 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 $30.86 to $31.56, 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 $31.02 to $31.58, 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 $29.95 to $30.94, 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 $30.95 to $31.215, 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.
FAQ
Who is the insider in Revolve Group, Inc. (RVLV) referenced in this Form 4?
The reporting person is Michael Karanikolas, a director, co-chief executive officer, and 10% owner of Revolve Group, Inc.
Were the Revolve Group (RVLV) insider sales pre-planned?
Yes. The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 29, 2025.