Revolve Group (RVLV) insider entity tied to CEO Mente reports stock sales
Rhea-AI Filing Summary
Revolve Group, Inc.’s co-chief executive officer and director Michael Mente, a 10% owner, reported indirect share sales executed through MMMK Development, Inc., an entity over whose holdings he has shared voting and dispositive power. Over January 7–9, 2026, MMMK Development converted Class B common stock into equal amounts of Class A common stock and sold those Class A shares under a pre-established Rule 10b5-1 trading plan adopted on May 29, 2025.
The entity sold 72,337 Class A shares at a weighted-average price of $31.16, 52,864 shares at $31.32, 64,655 shares at $30.66, and 4,340 shares at $31.05, following one-for-one conversions from Class B to Class A stock at a conversion price of $0. After these transactions, MMMK Development indirectly held 30,280,422 Class B shares, while Mente also directly held 35,331 Class B shares and 73,000 Class A shares of Revolve Group.
Positive
- None.
Negative
- None.
FAQ
What insider transactions did Michael Mente report for Revolve Group (RVLV)?
How many Revolve Group (RVLV) shares were sold in these insider transactions?
What prices were received for the Revolve Group (RVLV) insider share sales?
Were the Revolve Group (RVLV) insider sales part of a Rule 10b5-1 plan?
How are Class B and Class A shares related for Revolve Group (RVLV) in this filing?
What Revolve Group (RVLV) holdings remain after these insider transactions?
Who actually executed the Revolve Group (RVLV) share sales in this insider report?