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MMMK Development, Inc., a 10% owner of Revolve Group, Inc., sold 119,241 shares of Class A common stock in open-market transactions. The sales occurred over three days at weighted-average prices around $26 per share.
Before each sale, MMMK converted an equal number of its Class B common shares into Class A shares, then sold all of the converted Class A shares. These trades were carried out under a pre-arranged Rule 10b5-1 trading plan adopted by MMMK Development, Inc.
After these conversions and sales, MMMK continues to hold 29,988,606 shares of Class B common stock, which remain convertible into an equal number of Class A shares at any time.
Revolve Group Inc ownership disclosure: Vanguard Portfolio Management reports beneficial ownership of 3,354,487 shares of Common Stock, representing 8.13% of the class. The filing states Vanguard entities exercise dispositive power over these shares and that holdings include Vanguard funds and managed accounts.
Revolve Inc. filed a Form 144 notice indicating 185,000 shares of Common Stock associated with Goldman Sachs & Co. LLC are to be sold.
The filing also lists multiple sales in the prior three months, including 49,882 shares on 01/28/2026 for $1,425,286.68 and other transactions on 01/27/2026, 02/11/2026, 02/12/2026, and 04/09/2026. The filing reports NYSE listing information and an as-of date of 04/27/2026.
Revolve Group, Inc. will hold its 2026 annual stockholder meeting virtually on June 5, 2026 at 11:00 a.m. Pacific Time via webcast at www.proxydocs.com/RVLV. Stockholders will vote on three items: electing five directors for one-year terms, ratifying KPMG LLP as independent auditor for the fiscal year ending December 31, 2026, and approving on a non-binding advisory basis the compensation of named executive officers. Holders of Class A and Class B common stock as of April 10, 2026 may vote, with Class A shares carrying one vote and Class B shares ten votes each. Co-founders Mike Karanikolas and Michael Mente and an affiliated entity collectively control about 88% of the voting power, allowing them to determine the outcome of all proposals. The board recommends voting “FOR” each director nominee, “FOR” auditor ratification, and “FOR” the say-on-pay resolution.
Revolve Group, Inc. reports updated beneficial ownership disclosures by MMMK Development, Inc., Michael Karanikolas and Michael Mente. The filing states that MMMK Development, Inc. holds 30,123,819 shares with 42.2% of Class A common stock, Michael Karanikolas holds 30,246,819 (42.4%) and Michael Mente holds 30,232,150 (42.3%), based on 41,253,121 shares outstanding as of February 17, 2026. The filings explain these positions reflect shares held directly and Class B shares convertible one-for-one into Class A shares and describe shared voting and dispositive powers through MMMK Development, Inc.
Revolve Group, Inc. co-CEO Michael Mente, through MMMK Development, Inc., converted 15,972 shares of Class B common stock into 15,972 shares of Class A common stock and sold those Class A shares at a weighted-average price of $25.90 per share.
After these indirect transactions via MMMK Development, Inc., he indirectly holds 30,107,847 shares of Class B common stock. Separately, he directly holds 35,331 shares of Class B common stock, which are convertible into 35,331 shares of Class A common stock, and 73,000 shares of Class A common stock. The sales were effected under a Rule 10b5-1 trading plan.
Revolve Group, Inc. director and Co-CEO Michael Karanikolas reported a small, pre-planned insider transaction involving 15,972 shares. An entity associated with him, MMMK Development, Inc., converted 15,972 shares of Class B common stock into an equal number of Class A shares and then sold those Class A shares at a weighted-average price of $25.90 per share in open-market transactions.
The sales were executed under a Rule 10b5-1 trading plan adopted on May 29, 2025. After these transactions, MMMK Development, Inc. continues to hold 30,107,847 shares of Class B common stock indirectly for Karanikolas, and he also holds 123,000 shares of Class A common stock directly.
MMMK Development, Inc., a more than 10% owner of Revolve Group, Inc., converted and sold a small block of shares. On April 9, 2026, it converted 15,972 shares of Class B common stock into an equal number of Class A shares, then sold all 15,972 Class A shares at a weighted-average price of $25.90 per share.
The Class B shares are convertible into Class A on a one-for-one basis with no expiration, and 30,107,847 Class B shares remained held after the transaction. The sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on May 29, 2025, indicating they were scheduled in advance.
The Vanguard Group filed Amendment No. 8 to its Schedule 13G/A reporting 0 shares (0%) of Revolve Group Inc common stock. The filing explains an internal realignment and disaggregation under SEC Release No. 34-39538, with certain Vanguard subsidiaries reporting separately after 01/12/2026.
The amendment is signed by Ashley Grim, Head of Global Fund Administration, dated 03/27/2026. The filing lists Vanguard’s address and states no single outside person holds more than 5% of the class.