Revolve Group (RVLV) co-CEO and 10% owner reports Class B to A conversions and sales
Rhea-AI Filing Summary
Revolve Group, Inc. insider trading report: A director, 10% owner and Co-Chief Executive Officer reported multiple transactions involving Class B and Class A common stock through MMMK Development, Inc.
On 12/18/2025, 88,444 shares of Class B common stock were converted into Class A at $0 and the same number of Class A shares were sold at a weighted-average price of $28.41. On 12/19/2025, 78,619 Class B shares were converted and the same number of Class A shares were sold at a weighted-average price of $28.78. On 12/22/2025, 63,045 Class B shares were converted and the same number of Class A shares were sold at a weighted-average price of $29.67. These sales were made under a Rule 10b5-1 trading plan adopted on May 29, 2025. Class B shares are convertible into an equal number of Class A shares at any time and have no expiration date. Following the transactions, the insider indirectly held 30,474,618 Class A shares through MMMK Development, Inc. and held 35,331 additional Class A shares through derivative securities.
Positive
- None.
Negative
- None.
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 B Common Stock | -- | -- | -- |
| 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.
FAQ
What insider transactions did Revolve Group (RVLV) report in this Form 4?
The filing reports that a director, 10% owner and Co-Chief Executive Officer converted shares of Class B common stock into Class A common stock and sold the resulting Class A shares on three dates in December 2025 through MMMK Development, Inc.
Were the Revolve Group (RVLV) insider sales made under a Rule 10b5-1 trading plan?
Yes. The explanation notes that the sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 29, 2025.
What is the insider’s remaining Revolve Group (RVLV) ownership after these transactions?
After the reported transactions, the insider indirectly beneficially owned 30,474,618 shares of Class A common stock through MMMK Development, Inc., and beneficially owned 35,331 additional Class A shares through derivative securities.
What role does MMMK Development, Inc. play in these Revolve Group (RVLV) insider holdings?
The filing states that the reporting person is a stockholder of MMMK Development, Inc. and has shared voting and dispositive power over the shares of Revolve Group, Inc. held by MMMK Development, Inc.