Revolve Group (RVLV) insider entity tied to CEO Mente reports stock sales
Filing Impact
Filing Sentiment
Form Type
4
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.
Insider Trade Summary
Net Seller: 194,196 shares ($6,026,801)
Net Sell
12 txns
Insider
Mente Michael
Role
CO-CHIEF EXECUTIVE OFFICER
Sold
194,196 shs ($6.03M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 68,995 | $0.00 | -- |
| Conversion | Class A Common Stock | 68,995 | $0.00 | -- |
| Sale | Class A Common Stock | 64,655 | $30.66 | $1.98M |
| Sale | Class A Common Stock | 4,340 | $31.05 | $135K |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| Conversion | Class B Common Stock | 52,864 | $0.00 | -- |
| Conversion | Class A Common Stock | 52,864 | $0.00 | -- |
| Sale | Class A Common Stock | 52,864 | $31.32 | $1.66M |
| Conversion | Class B Common Stock | 72,337 | $0.00 | -- |
| Conversion | Class A Common Stock | 72,337 | $0.00 | -- |
| Sale | Class A Common Stock | 72,337 | $31.16 | $2.25M |
Holdings After Transaction:
Class B Common Stock — 30,280,422 shares (Indirect, By MMMK Development, Inc.);
Class A Common Stock — 68,995 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 $30.86 to $31.56, 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 $31.02 to $31.58, 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 $29.95 to $30.94, 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 $30.95 to $31.215, 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 Michael Mente report for Revolve Group (RVLV)?
Michael Mente reported indirect sales of Revolve Group Class A common stock from January 7–9, 2026, executed through MMMK Development, Inc. after converting Class B shares into Class A on a one-for-one basis.
Were the Revolve Group (RVLV) insider sales part of a Rule 10b5-1 plan?
Yes. The filing states that the sales were effected under a Rule 10b5-1 trading plan adopted by the reporting person on May 29, 2025.
What Revolve Group (RVLV) holdings remain after these insider transactions?
After the reported transactions, MMMK Development, Inc. indirectly held 30,280,422 Class B shares, while Michael Mente directly held 35,331 Class B shares and 73,000 Class A shares of Revolve Group.