Revolve Group (RVLV) CEO-linked entity logs Class A share sales under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Revolve Group, Inc. insider activity: Co-Chief Executive Officer, director and 10% owner Michael Mente reported indirect transactions through MMMK Development, Inc., where he has shared voting and dispositive power. On January 26, 27 and 28, 2026, MMMK Development converted Class B common stock into an equal number of Class A shares and sold those Class A shares.
Weighted-average sale prices were $29.76, $29.09, $28.57 and $29.36, with each price reflecting multiple trades within stated ranges. The sales were effected under a Rule 10b5-1 trading plan adopted on May 29, 2025. Class B shares are convertible into Class A on a one-for-one basis with no expiration. Following the reported derivative transactions, MMMK Development indirectly held 30,141,412 shares of Class B common stock, while Mente also directly held 35,331 shares of Class B and 73,000 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 139,010 shares ($4,039,937)
Net Sell
12 txns
Insider
Mente Michael
Role
CO-CHIEF EXECUTIVE OFFICER
Sold
139,010 shs ($4.04M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 49,882 | $0.00 | -- |
| Conversion | Class A Common Stock | 49,882 | $0.00 | -- |
| Sale | Class A Common Stock | 49,680 | $28.57 | $1.42M |
| Sale | Class A Common Stock | 202 | $29.36 | $6K |
| Conversion | Class B Common Stock | 56,419 | $0.00 | -- |
| Conversion | Class A Common Stock | 56,419 | $0.00 | -- |
| Sale | Class A Common Stock | 56,419 | $29.09 | $1.64M |
| Conversion | Class B Common Stock | 32,709 | $0.00 | -- |
| Conversion | Class A Common Stock | 32,709 | $0.00 | -- |
| Sale | Class A Common Stock | 32,709 | $29.76 | $973K |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 30,141,412 shares (Indirect, By MMMK Development, Inc.);
Class A Common Stock — 49,882 shares (Indirect, By MMMK Development, Inc.);
Class B Common Stock — 35,331 shares (Direct);
Class A Common Stock — 73,000 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 $29.39 to $30.12, 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 $28.76 to $29.62, 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 $28.35 to $29.33, 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 $29.35 to $29.37, 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
What insider transactions did Revolve Group (RVLV) report for Michael Mente?
Revolve reported that an entity associated with Co-CEO Michael Mente, MMMK Development, Inc., converted Class B shares into Class A and sold those Class A shares over three days in January 2026, at weighted-average prices between $28.57 and $29.76 per share.
Were the reported RVLV insider sales part of a pre-arranged trading plan?
Yes. The sales disclosed were effected under a Rule 10b5-1 trading plan adopted by the reporting person on May 29, 2025. Such plans allow pre-arranged trades according to preset instructions, as described in the footnotes to this Form 4 filing.