[Form 4] Revolve Group, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Revolve Group, Inc. co-chief executive officer, director and 10% owner reported a series of insider transactions involving Class B and Class A common stock. On three dates in December 2025, entities controlled by the reporting person converted Class B shares into equal numbers of Class A shares at a conversion price of $0, then sold the same amounts of Class A shares. The reported transactions cover 88,444 shares at a weighted-average price of $28.41 on 12/18/2025, 78,619 shares at $28.78 on 12/19/2025, and 63,045 shares at $29.67 on 12/22/2025, all held indirectly through MMMK Development, Inc. These sales were executed under a Rule 10b5-1 trading plan adopted on May 29, 2025. Following the transactions, the reporting person continues to indirectly beneficially own 30,474,618 derivative securities representing Class B common stock through MMMK Development, Inc.
Positive
- None.
Negative
- None.
Insights
Revolve’s co-CEO executed pre-planned conversions and sales of Class B shares while retaining a large remaining stake.
The filing shows the co-chief executive officer, who is also a director and 10% owner of Revolve Group, Inc., converting Class B common stock into Class A and then selling the same number of Class A shares. The conversions are at a stated price of $0, consistent with Class B being freely convertible into Class A on a one-for-one basis with no expiration, as described in the footnotes.
The sales on 12/18/2025, 12/19/2025, and 12/22/2025 covered 88,444, 78,619 and 63,045 shares, respectively, at weighted-average prices of $28.41, $28.78 and $29.67. The filing states these transactions were effected under a Rule 10b5-1 trading plan adopted on May 29, 2025, indicating they were pre-arranged rather than discretionary trades. After these transactions, the insider continues to indirectly beneficially own 30,474,618 derivative securities tied to Class B common stock through MMMK Development, Inc., which remains a substantial reported position.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 63,045 | $0.00 | -- |
| Conversion | Class A Common Stock | 63,045 | $0.00 | -- |
| Sale | Class A Common Stock | 63,045 | $29.67 | $1.87M |
| Conversion | Class B Common Stock | 78,619 | $0.00 | -- |
| Conversion | Class A Common Stock | 78,619 | $0.00 | -- |
| Sale | Class A Common Stock | 78,619 | $28.78 | $2.26M |
| Conversion | Class B Common Stock | 88,444 | $0.00 | -- |
| Conversion | Class A Common Stock | 88,444 | $0.00 | -- |
| Sale | Class A Common Stock | 88,444 | $28.41 | $2.51M |
| holding | Class A Common Stock | -- | -- | -- |
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 $27.86 to $28.65, 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 $28.06 to $28.99, 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 $29.03 to $29.945, 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.
