Revolve (RVLV) co-CEO’s entity converts and sells Class A shares

Rhea-AI Filing Summary

Revolve Group, Inc. insider Michael Karanikolas, a director, co-chief executive officer and 10% owner, reported indirect share transactions through MMMK Development, Inc.. On February 11, 2026, 15,645 shares of Class B common stock were converted into 15,645 Class A shares and then sold in open-market transactions at a weighted-average price of $26.13, with prices ranging from $25.86 to $26.83, under a Rule 10b5-1 trading plan adopted on May 29, 2025.

On February 12, 2026, a further 1,948 Class B shares were converted into 1,948 Class A shares and sold at a weighted-average price of $25.93, with sale prices between $25.86 and $26.10. Following these transactions, MMMK Development, Inc. indirectly held 30,125,767 and then 30,123,819 derivative securities tied to Class B common stock, while Karanikolas also directly owned 123,000 Class A shares as of February 11, 2026.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Karanikolas Michael

(Last) (First) (Middle)

C/O REVOLVE GROUP, INC.

12889 MOORE STREET

(Street)

CERRITOS CA 90703

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Revolve Group, Inc. [ RVLV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	CO-CHIEF EXECUTIVE OFFICER

3. Date of Earliest Transaction (Month/Day/Year)
02/11/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	02/11/2026		C		15,645	A	$0(1)	15,645	I	By MMMK Development, Inc.(2)
Class A Common Stock	02/11/2026		S(3)		15,645	D	$26.13(4)	0	I	By MMMK Development, Inc.(2)
Class A Common Stock	02/12/2026		C		1,948	A	$0(1)	1,948	I	By MMMK Development, Inc.(2)
Class A Common Stock	02/12/2026		S(3)		1,948	D	$25.93(5)	0	I	By MMMK Development, Inc.(2)
Class A Common Stock								123,000	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class B Common Stock	(1)	02/11/2026		C			15,645	(1)	(1)	Class A Common Stock	15,645	$0	30,125,767	I	By MMMK Development, Inc.(2)
Class B Common Stock	(1)	02/12/2026		C			1,948	(1)	(1)	Class A Common Stock	1,948	$0	30,123,819	I	By MMMK Development, Inc.(2)

Explanation of Responses:

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.

2. 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.

3. 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.

4. 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.

5. 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.

	/s/ Jodi Lumsdaine Chapin, attorney-in-fact	02/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What insider transactions did RVLV’s Michael Karanikolas report on this Form 4?

He reported indirect transactions through MMMK Development, Inc. involving conversions of Class B into Class A shares and subsequent open-market sales on February 11 and 12, 2026, all under a previously adopted Rule 10b5-1 trading plan.

How many Revolve (RVLV) shares were converted and sold in these transactions?

On February 11, 2026, 15,645 Class B shares converted into 15,645 Class A shares and were sold. On February 12, 2026, 1,948 Class B shares converted into 1,948 Class A shares and were also sold in open-market transactions.

What prices did the RVLV Class A shares sell for in these insider trades?

The February 11, 2026 sales had a weighted-average price of $26.13, with individual trades between $25.86 and $26.83. The February 12, 2026 sales averaged $25.93, with prices ranging from $25.86 to $26.10.

Who actually held the Revolve (RVLV) shares involved in these Form 4 transactions?

The shares were held indirectly through MMMK Development, Inc. The filing states that Michael Karanikolas is a stockholder of MMMK Development, Inc. and has shared voting and dispositive power over the shares that entity holds.

What is the relationship of Michael Karanikolas to Revolve Group, Inc. (RVLV)?

He is reported as a director, co-chief executive officer, and a 10% owner of Revolve Group, Inc., indicating both executive and significant shareholder roles in the company alongside his indirect holdings through MMMK Development, Inc.

Did these RVLV insider sales occur under a trading plan?

Yes. The filing explains that the sales reported were effected pursuant to a Rule 10b5-1 trading plan that Michael Karanikolas adopted on May 29, 2025, governing how the transactions would be executed over time.

What Revolve (RVLV) holdings did Michael Karanikolas report after these transactions?

After the reported activity, MMMK Development, Inc. held 30,125,767 and then 30,123,819 derivative securities tied to Class B common stock, and Karanikolas also reported direct ownership of 123,000 shares of Class A common stock as of February 11, 2026.